Welcome to our dedicated page for Weatherford news (Ticker: WFRD), a resource for investors and traders seeking the latest updates and insights on Weatherford stock.
Weatherford International (WFRD) is a leading global provider of oilfield services, delivering innovative solutions for drilling, well construction, and reservoir evaluation. This page serves as the definitive source for Weatherford-related news, offering investors and industry professionals timely updates on operational developments.
Access curated press releases, earnings announcements, and strategic initiatives directly from the company. Track critical updates including technology launches, partnership agreements, and market expansions across Weatherford's global footprint. Our repository ensures you stay informed about developments in artificial lift systems, tubular running services, and other core operations.
Bookmark this page for streamlined access to Weatherford's official communications, designed to support informed decision-making in the energy sector. Regularly updated content provides clarity on how the company navigates evolving industry challenges through technical expertise and operational excellence.
Weatherford has signed an MOU with QatarEnergy to support Tawteen’s In-Country Value program. This collaboration aims to enhance the local energy industry, create job opportunities, and drive technological innovation aligned with Qatar National Vision 2030.
Key initiatives include developing Qatari nationals in technical fields, infrastructure, technology, and supply chains. Weatherford’s CEO, Girish Saligram, highlights this partnership as a significant milestone, reinforcing sustainable development and technological advancement in the region.
Weatherford (NASDAQ: WFRD) has secured a two-year extension of its framework agreement with Equinor for completions, liner-hangers, and slot recovery services. The agreement leverages Weatherford's Accuview® downhole monitoring solutions and AlphaVTM next-generation whipstock system, which have significantly enhanced operational efficiency and reduced rig time. The 2023 deployment of AlphaVTM in the North Sea saved costs and improved remote monitoring capabilities. Weatherford's recently executed slot recovery operation, using technologies from the Ardyne portfolio, delivered further cost and operational enhancements. The extension also includes access to Weatherford's ForeSite® sense optical reservoir monitoring solution, facilitating production optimization. CEO Girish Saligram expressed pride in the extended partnership, emphasizing the significance of Weatherford's innovative offerings.
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