Weatherford International Plc
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Weatherford is the leading wellbore and production solutions company. Operating in more than 80 countries, the company answers the challenges of the energy industry with its global talent network of 24,000 team members and 610 locations, which include service, research and development, training, and manufacturing facilities.
Editor's note: Updated March 23, 2020.
News
Major oilfield service companies continue to push out leading-edge technologies in U.S. shale. Here’s a roundup of the latest…
An expert panel of judges has selected the top 20 upstream oil and gas industry projects and technologies that open new and better…
The EPSm contract approach is an example of open innovation that delivers wells on a partial turnkey basis.
A subsea water-cut measurement reduced flow assurance opex by 90% and saved an operator $2 million per year.
Restricted movement due to global lockdowns has pushed oil and gas companies to reimagine operations and embrace remote technologies…
New Financings
Priced an offering of 6.5% senior secured first lien notes due 2028 at an issue price of 100.0%. Proceeds…
Opened a private offering of senior unsecured notes due 2024 in order to repay outstanding amounts under…
Closed the public offering of 115 million common shares priced at $5.65 each. Net proceeds will support…
Priced its public offering of 100 million common shares at $5.65 each. The net proceeds will support…
Cancelled the concurrent underwritten public offering of ordinary shares and mandatorily exchangeable…
Transactions
Weatherford Agrees To Sell Data Logging Business
Weatherford Agrees To Sell Data Logging Business
Weatherford To Sell Land Drilling Rigs For $288 Million
Weatherford To Sell Land Drilling Rigs For $288 Million
Weatherford Scraps Joint Venture, Sells A Business To Schlumberger
Weatherford Scraps Joint Venture, Sells A Business To Schlumberger
Schlumberger, Weatherford To Form OneStim JV
Schlumberger, Weatherford To Form OneStim JV
Schlumberger, Weatherford To Form OneStim JV
Schlumberger, Weatherford To Form OneStim JV