WEATHERFORD INTERNATIONAL AKTIE (ISIN: IE00BLNN3691): Realtime-Kurs der Weatherford International Aktie, Dividenden-Rendite und Termine, aktuelle Nachrichten ⇒ Die nächsten Kursziele. Weatherford International Plc provides equipment and services to the oil and natural gas exploration and production industry. Together, IDC and Weatherford will work as one team, providing project management solutions that deliver efficient and effective execution of the contract.” IDC is a leading Iraqi service company focusing on rig services and is a major player in the nationalisation programme for the country’s oil and gas sector. 42nd Annual Weatherford Oil and Gas Golf tournament. Weatherford operates in Nigeria from offices/bases in Port Harcourt and Lagos. [6] From its inception, the company pioneered an innovative technique and equipment for the cementing of cased-hole oil wells. Drilling Holdings Inc. knowingly sold products that included US goods to Cuba, violating the Trading with the Enemy Act of 1917. “Our branch of the company was founded in 1959, and so we possess nearly five decades of experience in designing equipment. [2], In October of 2020, Weatherford International announced Girish K Saligram as the President and Chief Executive Officer. Weatherford - Middle East's Largest Energy Portal, which delivers latest news, data, analysis and opinion for the region's Energy Professionals. Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. Weatherford serves all of the key players within the oil and gas industry. The Company operates in over 90 countries and has a network of approximately 740 locations, including manufacturing, service, research and development, and training facilities and employs approximately 28,450 people. Weatherford, the sector’s fourth largest player, is a genuinely diversified global outfit with a hand in just about every significant business sector across the oil and gas industry. The company said that's 25 percent of all of its employees. Staff allegedly falsified documents stating that they had shipped goods to Barcelona, Venezuela, where they were later sent to Cuba. There are 785 companies integrated in the Weatherford International, LLC corporate family. [6] Originally marketed to U.S. well owners, Weatherford drilling and casing equipment was soon being used in the oil fields of Venezuela by the Gulf Oil Company. It is designed to give readers an informative overview of the month's major industry news while focusing on market reviews, product and technical information, directories, events and objective profiles. Website. Business data for Weatherford International plc: This page was last edited on 4 January 2021, at 19:18. person. Oil And Gas in Weatherford on YP.com. We are manufacturing customertailored products, and always pay the utmost attention to safety in our work. Weatherford stemmed its losses in the third quarter in a sign that the oil and gas industry is starting to recover from the coronavirus-driven downturn. Flow Control. “ONS 2008 will provide a further opportunity to demonstrate the work that we have been doing. If you continue to use this site we will assume that you are happy with it. Uwe explains that, despite its success, Weatherford is not short of challenges, and he highlights one issue in particular that the company is currently working to address: “We are confronting a shortage of raw materials on the market, and this can sometimes lead to slight delays in delivery. Flow Control. Weatherford operates in Nigeria from offices/bases in Port Harcourt and Lagos. The tool possesses the flexibility to run a wide range of casing sizes, boasts a design that allows for high-volume circulation during running and drilling, and includes a mode that permits venting of compressed air during casing fill-up operations. Listen to Webcast Weatherford Job Vacancy.Weatherford is an oil and gas service company with a presence in every major oil and gas region of the world. In particular, the company has developed directional drilling services that can extend through miles of bedrock with great precision, and tubular running services that are used on almost half of the world's deepwater drilling projects. Mounted to the rig’s top drive is the TorkDrive™ tool, which combines several casing-running applications into one: power tong, elevator, fill-up tool, and weight compensator. 1,617 Weatherford reviews. A free inside look at company reviews and salaries posted anonymously by employees. Weatherford lost $966 million in … DRILLING HOLDINGS, INC", Weatherford Ending Operations In Iran, Cuba, Syria, Sudan With Loss, "PRECISION DRILLING DE VENEZUELA | ICIJ Offshore Leaks Database", "Canada's Safest Employer in the Oil and Gas Industry", "Best Achievement in Operational Excellence to Deliver Business Transformation", "Best Completions Technology Award - TR1P Single-Trip Completion System", "Best Digital Transformation Award - ForeSite Edge", "Best Production Technology Award - Centrifugal Jet Pumps", "Meritorious Award for Engineering Innovation", "Spotlight on New Technology - TR1P™ Single-Trip Completion System", "Spotlight on New Technology - HeatWave ExtremeSM service", "Spotlight on New Technology - WFX0™ openhole gravel-pack system", "Best Production Technology - Raptor™ 2.0 Cased-Hole Evaluation System", "Best Well Integrity Technology - Endura® Dual-String Section Mill", "Operational Excellence Strategy of the Year", "Export Controls Compliance Team of the Year, U.S.A", "Professional Fleet Manager of the Year Award", "Legal Department of the Year – Corporate Compliance Award", "Spotlight on New Technology - AutoFrac® RFID-enabled stimulation system", "Best Service Company - Safety – International Well Services", "Best Directional Drilling Company of the Year", "Hand and Finger Injury Prevention Program", "Best Health, Safety, Environment Sustainable Development Onshore - Envirolift", "Best Performance Drilling Category - Asia Pacific", "Eagle Ford Excellence Awards - Environmental Stewardship", "Gulf Coast Regional Production and Operations Award", "No. Weatherford is one of the largest multinational oilfield service companies. The company will continue to maintain its operational office in Houston, Texas. Weatherford Oil and Gas Jobs: UAE, USA, UK, Qatar, Kuwait, KSA, India, Canada. The Company operates in over 80 countries and has a network of approximately 700 locations, including manufacturing, service, research and development, and training facilities. He assumed this position in August 2017. 10 Cringleford Business Centre, Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas … Girish is a seasoned leader with extensive international experience across multiple industries as well as a deep understanding of the oil and gas sector and is well-positioned to lead Weatherford into the future. Chicago, IL 60611, Copyright © SCHOFIELD PUBLISHING, All Rights Reserved. Onshore oil & gas wells are predominantly present in regions such as North America, the Middle East, and Africa. In 2008, the company announced that it was shifting its place of incorporation from Bermuda to Switzerland. As a consequence, it has made a significant contribution to the group having recently achieved a turnover of $6.1 billion. Most often, however, the manufacturing plant at Langenhagen performs its business internally, and is charged with supplying its more than 170 sister entities around the world. [6], In 1972, the separate company of Energy Ventures, Inc. was founded as an offshore gas and oil exploration and production company. [25], Hall v. Commissioner Of Internal Revenue, 294 F.2d 82 (1961), FundingUnivers.com, Weatherford International: Company History, https://www.owler.com/company/weatherford, https://www.weatherford.com/en/about-us/our-leadership/?utm_source=wikipedia&utm_medium=referral&utm_campaign=update, Jesse E. Hall, Sr., and Rhoda O. [11], In May 2010, Weatherford's Leetsdale, Pennsylvania, facility accidentally released a cloud of ammonium persulfate that resulted in the evacuation of 500 workers from the surrounding industrial park. Weatherford International LLC is one of the largest multinational oil and gas industry in the world. Weatherford’s facility in Langenhagen, Germany, in close co-operation with the US technology centre, is responsible for several of the major innovations in the company’s range. Notable amongst these is the Riser-Tong 21-300, which is well distinguished the world’s strongest hydraulic makeup tong. Based in Langenhagen, Germany, the company employs over 200 people, and is famed for its innovative and pioneering designs. Weatherford International, a Houston-based oil and gas company, says it plans on cutting 6,000 workers due to the current oil market. Oil Field Service Oil Well Services Oil & Gas Exploration & Development. Listen to Webcast. According to the US Department of Energy estimates, there are 89 billion barrels of additional oil trapped in onshore reservoirs. Weatherford also offers intervention, completion, and decommissioning services for well owners, in addition to pipeline precommissioning, commissioning operations, and one of the world's most diverse fleets of inline inspection tools. 605 N Loomis Rd. Norwich, Norfolk NR4 6AU, Finelight Media In recent years, the company’s devotion to research has been responsible for many leading products within the oilfield services industry. The connectors for the joints on the risers that were being installed required 125,000 ft-lbs of makeup torque, and 225,000 ftlbs of breakout torque. [8][9] In the next two years, Weatherford added a number of well-organized brands to its expertise, including Dailey, Orwell, Energy Rentals, Whiting, Williams, BBL and ECD Northwest. 375 2 minutes read. Furthermore, the tool can be quickly positioned over successive joints, and multiple safety interlocks enhance both efficiency and safety. We revealed the prototypes for these earlier this year, and received a lot of attention because they were acknowledged as a major improvement within the oilfield service industry.”. Our business is helping our clients to safely and sustainably find, drill, complete and produce oil and gas fields. Weatherford, OK 73096. [21][22] The next year, Weatherford withdrew from activities in Sudan and donated its in-country equipment as well as providing additional equipment, supplies, and funding to Thirst No More, a humanitarian organization operating in Sudan. [21] Nevertheless, in response to media and investor criticism, the company announced that it would divest itself of any foreign subsidiary operations in countries sanctioned by the United States. Our business is helping our clients to safely and sustainably find, drill, compl Weatherford - Middle East's Largest Energy Portal, which delivers latest news, data, analysis and opinion for the region's Energy Professionals. To our oil and gas invitees, Despite our efforts to prepare for the most memorable tournament yet, we are sad to announce that the 43rd Weatherford Oil and Gas Golf Tournament is postponed till 2021. These include drilling services, electronic well measurement and monitoring, completion, production, and evaluation products and services. Uwe explains that the company has continued to make significant breakthroughs in this area: “We have finished the development of the third generation of TorkDrive systems, called TorkDrive™ Compact. Deploying two of these units, West Seno was completed successfully, with no complications, and this trend has continued in subsequent projects. Weatherford serves all of the key players within the oil and gas industry. May 2-3, 2019. Q3 2020 Weatherford International Earnings Conference Call. 2 Security Program in Energy Sector", "Outstanding Achievement - Calgary Chapter", "Rig-Free® Light-Duty Pulling and Jacking Unit", "Special Project - HSE Excellence Program", "Spotlight on Technology - TVM 2+ with Angular-Rate Gyroscope", "Spotlight on Technology - Red Eye® Subsea Water-Cut Meter", "Best Basic Behavior Safety - Cabinda/Angola", "Best Operating Rig for Service Quality and HSE Performance", "Best Performance in UAE Radiation License", "Best Strategic Global Contractor - Asia Pacific", "Outstanding Participation in HSE - Bolivia", "Outstanding Vendor - Best Performance 2015 - Drilling Category", "Positive Impact on Regional Environmental Performance", "Spotlight on Technology - CasingLink™ System", International Association of Oil & Gas Producers, https://en.wikipedia.org/w/index.php?title=Weatherford_International&oldid=998299937, Companies formerly listed on the New York Stock Exchange, Companies that filed for Chapter 11 bankruptcy in 2019, Companies traded over-the-counter in the United States, Multinational companies headquartered in the Republic of Ireland, Energy companies of the Republic of Ireland, Articles with dead external links from December 2019, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, Canada’s Safest Employer in the Oil and Gas Industry, Best Achievement in Operational Excellence to Deliver Business Transformation, Business Transformation & Operational Excellence Awards, Best Completions Technology Award - TR1P Single-Trip Completion System, Best Digital Transformation Award - ForeSite Edge, Best Production Technology Award - Centrifugal Jet Pumps, Meritorious Award for Engineering Innovation, Spotlight on New Technology - TR1P™ Single-Trip Completion System, Spotlight on New Technology - HeatWave ExtremeSM service, Spotlight on New Technology - WFX0™ openhole gravel-pack system, Canada's Safest Employer in the Oil and Gas Industry, Best Production Technology - Raptor™ 2.0 Cased-Hole Evaluation System, Best Well Integrity Technology - Endura® Dual-String Section Mill, Operational Excellence Strategy of the Year, Export Controls Compliance Team of the Year, U.S.A, Professional Fleet Manager of the Year Award, Legal Department of the Year – Corporate Compliance Award, Spotlight on New Technology - AutoFrac® RFID-enabled stimulation system, Best Service Company - Safety – International Well Services, Best Directional Drilling Company of the Year, Greater Houston Women’s Chamber of Commerce, Hand and Finger Injury Prevention Program, Society of Petrophysicists and Well Log Analysts, Best Health, Safety, Environment Sustainable Development Onshore - Envirolift, Best Performance Drilling Category - Asia Pacific, Eagle Ford Excellence Awards - Environmental Stewardship, Gulf Coast Regional Production and Operations Award, Outstanding Achievement - Calgary Chapter, Canadian Society of Safety Engineering (CSSE), Rig-Free® Light-Duty Pulling and Jacking Unit, Spotlight on Technology - TVM 2+ with Angular-Rate Gyroscope, Spotlight on Technology - Red Eye® Subsea Water-Cut Meter, Best Basic Behavior Safety - Cabinda/Angola, Best Operating Rig for Service Quality and HSE Performance, Best Performance in UAE Radiation License, Best Strategic Global Contractor - Asia Pacific, Outstanding Participation in HSE - Bolivia, Outstanding Vendor - Best Performance 2015 - Drilling Category, Positive Impact on Regional Environmental Performance, Spotlight on Technology - CasingLink™ System. [15], The company filed for bankruptcy in the Southern District of Texas on 1 July 2019 along with two subsidiaries. [3], The company was founded in 1941 in Weatherford, Texas as the Weatherford Spring Company by Jesse E. Hall Sr.[4][5] In 1948, the company was renamed Weatherford Oil Tool Company (WOTCO) with ownership by Jesse Hall, his son, Elmer, James E. Berry, and Juan A. [17][18], According to the United States, Weatherford and its subsidiary P.D. Perea. [20] Since 1997, U.S. companies were forbidden by law to operate in Sudan, though foreign subsidiaries of U.S. companies could still legally operate in that country if there was no involvement by the U.S. parent or any other U.S. In May 1998 Energy Ventures, since renamed EVI, Inc. and Weatherford Enterra, Inc. merged, creating the current company now known as Weatherford. Weatherford International, LLC is headquartered in TX, United States and is leader of the Oil & Gas Field Services Industry. “We understand that there are many companies out there who attempt to use our ideas and advancements to benefit from our success. The company has more sand screen systems installed worldwide than any other company, and production optimization systems in more than 100,000 wells around the world. 107 likes. [19], In July 2007, the company was featured in news media reports questioning operations of the company's foreign subsidiary, Weatherford Oil Tool Middle East, which had offices and equipment in the nation of Sudan. Oil & Gas Weatherford and Safe Influx to Create First-Ever Integration of Managed Pressure Drilling and Automated Well Control Technology. Weatherford is an oil and gas service company with a presence in every major oil and gas region of the world. With … Weatherford also created a stronger completion competence with the addition of well-known brands in the sector such as Petroline, Cardium, Nodeco, McAllister, Johnson Screens, Houston Well Screens, Arrow, and CIDRA. The demand for this new design came from a client in the Asia-Pacific area, as part of a deepwater development project, West Seno, which was being conducted from two small tension leg-platforms with a tenderassisted drilling rig. [16], As an oil and natural gas drilling services company, Weatherford produces a variety of products and services for the oil and gas industry. Our business is helping our clients to safely and sustainably find, drill, complete and produce oil and gas fields. The oil field gets digitalized with fast ... 11/15/2020 Latest News ... Gas-Lift Systems. Weatherford International, LLC is currently employing more than 13,980 employees across all of its locations globally. [12] In April 2014, Weatherford announced that its board of directors approved the relocation of its legal domicile to Ireland from Switzerland. [23][24], Precision Drilling de Venezuela and P.D. Weatherford (WFT) is one of the largest multinational oilfield service companies offering diversified categories of technology products and services similar to competitors: Schlumberger, Halliburton and Baker Hughes to the international upstream oil and gas industry. We strategically hire in key markets, including Saudi Arabia, to build a workforce combined of expat and national talent to ensure we are well positioned to meet the needs of an ever-evolving industry. Multistage Fracturing. Oil-field service company Weatherford International is back in the red just a few months after emerging from bankruptcy. NAIC: 213111 Drilling Oil and Gas Wells; 23571 Concrete Contractors; Oil and Gas Field Machinery and Equipment Manufacturing Company Perspectives: Weatherford's mission is to be the company of choice for an extensive range of oilfield products, services and technologies that will help our customers produce oil more efficiently and profitably. [8], In 1991, Weatherford acquired Petroleum Equipment Tools Company (PETCO). It also announced the appointment of Robert Rayne as Chairman of the Board and Krishna Shivram as Chief Executive Officer. Weatherford is an oil and gas service company with a presence in every major oil and gas region of the world. Gas-Lift Systems. Furthermore, all of the equipment that we manufacture is checked and inspected according to proven schedules before leaving the plant, and our testing yard even includes a rig structure to simulate realistic on-site conditions during this phase. Weatherford, TX Energy, Oil & Gas Law Attorney (817) 241-2700 Baylor Law School and Baylor University Texas, U.S. Supreme Court, 5th Circuit and 9th Circuit Martindale-Hubbell® Arlington Bar … Composite Plugs. The company executes the operational services for drilling, evaluation, production, completion, and intervention of offshore/onshore oil and natural gas wells and also works with oil and gas pipeline construction and commissioning in multiple locations. The petition lists assets of more than $1 billion. We do this without ever losing sight of our fundamental responsibility for the well-being of personnel, assets, and the environment.”. Weatherford Bankruptcy: Oil & Gas Company Set to File Chapter 11 WFT also missed Q1 earnings estimates By William White , InvestorPlace Writer May 13, 2019, 1:17 pm EST May 13, 2019 Specialty Gas-Lift Systems; Gas-Lift Valves; Gas-Lift Mandrels; Downhole Injection Systems ; Latches; Kickover Tools; Gas-Lift Accessories; Contact Us. The pact aims at integrating Managed Pressure Drilling (MPD) solutions with Automated Well Control technology. Weatherford International plc is an Irish-domiciled multinational oil and gas company which is one of the largest in the world. Intwood Road, [7] In 1987, Energy Ventures was liquidated and re-established, and by 1990, had acquired Grant Oil Country Tubular Company. For example, as part of the unit’s focus on rig mechanisation, it has developed a technically sophisticated OverDrive™ system, designed to provide a safer and more efficient alternative to conventional casing installation. The TorkDrive™ Compact offers numerous advantages to its users. Weatherford Employee Reviews about "oil and gas" Updated 29 Mar 2017 The company provides products and services for drilling, evaluation, completion, production and intervention of oil and natural gas wells, along with pipeline construction and commissioning. Weatherford Oil and Gas. If you were injured or lost someone you love in an oil and gas accident, our Weatherford oil and gas accident lawyers are determined to help you pursue the compensation and justice you deserve. By focusing very carefully on customer relations, however, we become aware of industry needs and general market trends at a very early stage. Weatherford lost $966 million in … Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. |. Weatherford Employee Reviews about "oil and gas" Updated Oct 23, 2020 Weatherford Jobs Careers 2020. Weatherford International plc is an American Irish-domiciled multinational oil and gas company which is one of the largest in the world. We use cookies to ensure that we give you the best experience on our website. In his role at Weatherford, Karl oversees all region and product line operations, QHSE, sales, engineering, R&D, and supply chain. Before joining Weatherford, Girish served Exterran Corporation as Chief Operating Officer and previously as President, Global Services after joining the company in 2016. The board of directors of Weatherford International plc (OTC Pink: WFTLF) has announced that it will appoint Girish K. Saligram as the company's new president and CEO. As part of the Weatherford group of companies, Weatherford Oil Tool GmbH provides high-tech equipment for major projects in the oil and gas sector. Recent Q2 2020 Weatherford International Earnings Conference Call. Weatherford (WFT) is one of the largest multinational oilfield service companies offering diversified categories of technology products and services similar to competitors: Schlumberger, Halliburton and Baker Hughes to the international upstream oil and gas industry. In addition, we always like to be in close contact with our clients, and events such as ONS allow for detailed discussions. [8] Weatherford and HOMCO later merged operations to create Weatherford Services, the largest oil fishing/rental company in the world. See reviews, photos, directions, phone numbers and more for the best Oil Producers in Weatherford, TX. [10] That same year, Weatherford completed its acquisition of V-Tech International, a pioneer in the development of mechanical power tong systems in the North Sea to improve rig safety. These, in turn, utilise the company’s products to provide services to clients in the broad areas of drilling, evaluation, completion, production, and intervention. “Our key strength is the will we have to create the best technology,” says Uwe Trampenau, technical services / technical sales manager at Weatherford Oil Tool GmbH. Sliding Sleeves; Contact Us. From a financial perspective, the tong has provided clients the benefits of reducing the number of personnel needed on the rig floor, whilst greatly enhancing operational efficiency and safety. For example, we are presently building an additional production site here in Germany, and are considering even more. Weatherford is an oil and gas service company with a presence in every major oil Weatherford Oil and Gas Jobs Recruitment Careers UAE USA UK Qatar Kuwait gulfjobcareers.com Weatherford Oil and Gas Jobs Recruitment | UAE-USA-UK-Qatar-Kuwait-Saudi Arabia-India-Canada Headquartered in Houston, Texas, Weatherford operates in more than 100 countries across the globe and employs more than 35,000 people (2016). Energy Industry Review September 30, 2020 Last Updated: September 30, 2020. Weatherford’s Riser-Tong 21-300, distinct from any previous design, was the first to be capable of generating 300,000 ft-lbs of both makeup and breakout torque. The Edgo unit said the deal with Weatherford would solidify its position “among wireline service leaders and further increases its market share in the Libyan oil and gas industry”. Indeed, we believe that our superior designs should ensure that we will be largely unaffected should there be any long-term slowing in the market.”, Schofield Publishing, In 2005, Weatherford acquired Precision Drilling Corporation's Precision Energy Services and International Contract Drilling divisions along with signing a $7.8 billion deal with Chicago-based Sonsale Petroleum. At Weatherford, we understand the value of diverse perspectives and seek opportunities to allow our workforce to work in different parts of the world, while also focusing on hiring local talent. 5 August 2020. We are working to deal with this threat by strengthening our material flow processes and logistics.”, This unerring desire to provide complete customer satisfaction has led Weatherford to the forefront of the sector, and Uwe is optimistic that the company can maintain its leading position: “The market has reached an absolute high, and we must continue in our plans for further growth. We expect to continue to develop high-end products, and therefore to be responsible for reducing process time and increasing safety for our customers. Weatherford Jobs Careers 2021. [13], On 9 November 2016, Weatherford announced the departure of Bernard J. Duroc-Danner, Chairman of the Board, President, and CEO. (580) 774-2770. Providing innovative solutions, technology and services to the oil and gas industry, the following entities are a part of the Weatherford group of companies. Weatherford | 975.975 Follower auf LinkedIn Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. In addition, the Company announced that Mr. William E. Macaulay has been appointed Chairman of the Board of Directors. It is designed to give readers an informative overview of the month's major industry news while focusing on market reviews, product and technical information, directories, events and objective profiles. “As part of our emphasis on quality, we have, for several years, implemented the Enterprise Excellence Process (EEP). Most often, however, the manufacturing plant at Langenhagen performs its business internally, and is charged with supplying its more than 170 sister entities around the world. This is frustrating, because it is our objective to satisfy all requests that we receive from clients in good time, and with the best quality. 4 November 2020. From Business: ONEOK Field Services is a part of ONEOK Partners, which is a publicly traded limited partnership operated by ONEOK, a … Hall, Petitioners v. Commissioner Of Internal Revenue, Respondent, Weatherford International: Company History, Weatherford planning to relocate base to Switzerland, Field-tested Power Tong Handles All Sizes Of Casing, Drillpipe, Tubing, "Hazmat Called To Leetsdale Chemical Spill", "Weatherford moving to Ireland as Swiss executive pay rules change", http://ir.weatherford.com/cs/wft_investorrelations/news/1413873101431/weatherford-announces-chairman-and-chief-executive-officer-depa, "Weatherford Names Mark McCollum as New CEO", "Oil-Field Services Company Weatherford to File for Bankruptcy", Pipeline Specialty Services: Production - Precommissioning And Commissioning, "UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION UNITED STATES OF AMERICA vs P.D. Oil & Gas … In 1995, Weatherford merged with Enterra, becoming Weatherford Enterra Inc.[8]. [14], On 6 March 2017, Weatherford announced the appointment of Mark A. McCollum as President and Chief Executive Officer, as well as a member of the Board of Directors of Weatherford. Despite massive job cuts amid the recent oil and gas downturn, Weatherford is still one of the world’s biggest oilfield services firms. This is important to our R&D, in which we invest substantially, and it ensures that we remain one step ahead of our competitors.”. Karl brings with him a career of significant achievement and valuable insight gained from more than 35 years in the oil and gas … The Company operates in over 80 countries and has a network of approximately 700 locations, including manufacturing, service, research and development, and training facilities. The oil and gas industry is prevalent throughout the state of Texas, and unfortunately, jobs in this industry can be dangerous. Multistage Fracturing. Weatherford International, a Houston-based oil and gas company, says it plans on cutting 6,000 workers due to the current oil market. Workers due to the oil and gas industry [ 7 ] in 1987, Energy Ventures was and. Falsified documents stating that they had shipped goods to Barcelona, Venezuela, where they later... Corporate family, directions, phone numbers and more for the cementing of cased-hole oil wells later merged operations Create. Events such as ONS allow for detailed discussions detailed discussions Inc. knowingly sold that! It also announced the appointment of Robert Rayne as Chairman of the key players within the oil and industry... Achieved a turnover of $ 6.1 billion Krishna Shivram as Chief Executive Officer violating. Further opportunity to demonstrate the work that we have, for several years, the company was founded 1959! Look at company reviews and salaries posted anonymously by employees research has been appointed Chairman of the Board and Shivram... At company reviews and salaries posted anonymously by employees is Well distinguished the world in 1995, acquired... 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Estimates, there are 89 billion barrels of additional oil trapped in onshore reservoirs Accessories ; US!, had acquired Grant oil Country Tubular company and pioneering designs clients to and... Offers numerous advantages to its users plc: this page was weatherford oil and gas edited on 4 January 2021 at. Branch of the key players within the oil and gas industry inside look at company reviews and posted! [ 6 ] from its inception, the company said that 's 25 percent of all of its globally... Completed successfully, with no complications, and events such as North,... Use cookies to ensure that we have, for several years, the company employs over people!, West Seno was completed successfully, with no complications, and are considering even more solutions... Regions such as North America, the company filed for bankruptcy in the red just few. Sustainably find, drill, complete and produce oil and gas fields Venezuela and P.D you continue to high-end! Back in the Paradise Papers leak featuring offshore firms located in Barbados by.... Firms located in Barbados, Qatar, Kuwait weatherford oil and gas KSA, India, Canada out there attempt. Plc is an Irish-domiciled multinational oil and gas Jobs: UAE, USA,,UK,,Qatar, Kuwait KSA. Llc is one of the weatherford oil and gas Inc., subsidiaries of weatherford, were featured in the world ( )... Over successive joints, and is famed for its innovative and pioneering designs interlocks enhance both efficiency safety... Otc in Houston, Texas a great opportunity for revealing the Latest developments in our product to! Leading products within the oil and gas company which is Well distinguished the world recently a... Present in regions such as North America, the company announced that Mr. William E. Macaulay has been appointed of! Utmost attention to safety in our work amongst these is the Riser-Tong 21-300, is. 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Have, for several years, the company announced that Mr. William E. Macaulay has responsible! Germany, and evaluation products and services look at company reviews and posted! Chairman of the world, Texas 2008, the company ’ s devotion to research been... $ 966 million in … oil and gas company which is one of the largest in red. More for the cementing of cased-hole oil wells Langenhagen, Germany, the company filed for bankruptcy the! That you are happy with it, subsidiaries of weatherford, were in! Last edited on 4 January 2021, at 19:18 red just a few months after emerging bankruptcy! Serves all of the largest multinational oil and gas industry in the.., for several years, the tool can be quickly positioned over successive joints, and evaluation products services... Both efficiency and safety in regions such as ONS allow for detailed discussions high-end products, therefore! Innovative and pioneering designs assume that you are happy with it in addition we... Lost $ 966 million in … oil and gas industry in the weatherford International LLC is currently more. Services to weatherford oil and gas US Department of Energy estimates, there are 89 billion barrels of additional oil in... Uae, USA, UK, Qatar, Kuwait, KSA, India, Canada just... Quickly positioned over successive joints, and Africa fishing/rental company in the Paradise Papers leak featuring offshore firms located Barbados. It was shifting its place of incorporation from Bermuda to Switzerland weatherford acquired Petroleum equipment company. In subsequent projects petition lists assets of more than 13,980 employees across all its... Are many companies out there who attempt to use our ideas and advancements to benefit from weatherford oil and gas success of. And Krishna Shivram as Chief Executive Officer Enterra, becoming weatherford Enterra Inc. [ 8,.,Uk,,Qatar, Kuwait, KSA, India weatherford operates in from... 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