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
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…
Girish Saligram, who was named CEO of Weatherford in September 2020, talks energy transition and developing mature fields.
Some 262 oil service workers at Schlumberger’s Norwegian subsidiary plan to go on strike from Dec. 3 if negotiations with employers …
New Financings
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…
Priced offering of $750 million aggregate principal amount of 4.5% senior notes due 2022 and $550 million…
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