Weatherford International Plc has signed a five-year corporate procurement agreement on Sept. 17 with Saudi Aramco to deliver cementation, completions, liners, solid expandables and casing exit technologies.
The agreement establishes a foundation for future collaboration between Weatherford and Saudi Aramco, built on the forefront of oilfield technology and unsurpassed value.
“Weatherford is energized by the opportunity afforded by Saudi Aramco to deploy our revolutionary technology in the Kingdom, which will save rig time and associated costs, while also maximizing production in one of the world’s most challenging environments,” Jim Hollingsworth, Weatherford vice president, Saudi Arabia, said. “This agreement sets the stage for future collaboration and will unlock both game-changing technology and tremendous value. Weatherford is excited to work with Saudi Aramco now and long into the future to lead in technology innovation and development.”
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