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. Intwood Road, 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. If you continue to use this site we will assume that you are happy with it. [17][18], According to the United States, Weatherford and its subsidiary P.D. 5 August 2020. 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. 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 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. 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. [12] In April 2014, Weatherford announced that its board of directors approved the relocation of its legal domicile to Ireland from Switzerland. Weatherford operates in Nigeria from offices/bases in Port Harcourt and Lagos. Business data for Weatherford International plc: This page was last edited on 4 January 2021, at 19:18. With … Weatherford, OK 73096. 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.”. This is important to our R&D, in which we invest substantially, and it ensures that we remain one step ahead of our competitors.”. Weatherford Oil and Gas Jobs: UAE, USA,,UK,,Qatar, Kuwait, KSA, India. In addition, the Company announced that Mr. William E. Macaulay has been appointed Chairman of the Board of Directors. 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. Weatherford International Plc provides equipment and services to the oil and natural gas exploration and production industry. Our business is helping our clients to safely and sustainably find, drill, compl In his role at Weatherford, Karl oversees all region and product line operations, QHSE, sales, engineering, R&D, and supply chain. The company said that's 25 percent of all of its employees. Oil-field service company Weatherford International is back in the red just a few months after emerging from bankruptcy. 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. Drilling Holdings Inc., subsidiaries of Weatherford, were featured in the Paradise Papers leak featuring offshore firms located in Barbados. 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. Weatherford serves all of the key players within the oil and gas industry. Website. The Company operates in over 80 countries and has a network of approximately 700 locations, including manufacturing, service, research and development, and training facilities. Our business is helping our clients to safely and sustainably find, drill, complete and produce oil and gas fields. Our business is helping our clients to safely and sustainably find, drill, complete and produce oil and gas fields. In May 1998 Energy Ventures, since renamed EVI, Inc. and Weatherford Enterra, Inc. merged, creating the current company now known as Weatherford. person. 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. 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. [23][24], Precision Drilling de Venezuela and P.D. [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. We do this without ever losing sight of our fundamental responsibility for the well-being of personnel, assets, and the environment.”. [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. 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. There are 785 companies integrated in the Weatherford International, LLC corporate family. Flow Control. [8] Weatherford and HOMCO later merged operations to create Weatherford Services, the largest oil fishing/rental company in the world. From Business: ONEOK Field Services is a part of ONEOK Partners, which is a publicly traded limited partnership operated by ONEOK, a … New Delhi: Oil & Gas drilling company Weatherford International plc announced it has signed a Memorandum of Understanding (MoU) with Safe Influx, that provides automated well control technology, to boost well integrity in the construction phase of projects. 1,617 Weatherford reviews. Multistage Fracturing. Weatherford is an oil and gas service company with a presence in every major oil and gas region of the world. [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. For example, we are presently building an additional production site here in Germany, and are considering even more. [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. According to the US Department of Energy estimates, there are 89 billion barrels of additional oil trapped in onshore reservoirs. 375 2 minutes read. Composite Plugs. [16], As an oil and natural gas drilling services company, Weatherford produces a variety of products and services for the oil and gas industry. [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. In recent years, the company’s devotion to research has been responsible for many leading products within the oilfield services industry. By focusing very carefully on customer relations, however, we become aware of industry needs and general market trends at a very early stage. 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. See reviews, photos, directions, phone numbers and more for the best Oil Producers in Weatherford, TX. 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. [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. These include drilling services, electronic well measurement and monitoring, completion, production, and evaluation products and services. (580) 774-2770. Weatherford International LLC is one of the largest multinational oil and gas industry in the world. Oil & Gas Weatherford and Safe Influx to Create First-Ever Integration of Managed Pressure Drilling and Automated Well Control Technology. 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. May 2-3, 2019. “Our branch of the company was founded in 1959, and so we possess nearly five decades of experience in designing equipment. In 2008, the company announced that it was shifting its place of incorporation from Bermuda to Switzerland. Weatherford Employee Reviews about "oil and gas" Updated 29 Mar 2017 Drilling Holdings Inc. knowingly sold products that included US goods to Cuba, violating the Trading with the Enemy Act of 1917. The TorkDrive™ Compact offers numerous advantages to its users. Weatherford International, a Houston-based oil and gas company, says it plans on cutting 6,000 workers due to the current oil market. A free inside look at company reviews and salaries posted anonymously by employees. 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. 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 oil field gets digitalized with fast ... 11/15/2020 Latest News ... Gas-Lift Systems. Listen to Webcast The pact aims at integrating Managed Pressure Drilling (MPD) solutions with Automated Well Control technology. Notable amongst these is the Riser-Tong 21-300, which is well distinguished the world’s strongest hydraulic makeup tong. 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. The company will continue to maintain its operational office in Houston, Texas. Specialty Gas-Lift Systems; Gas-Lift Valves; Gas-Lift Mandrels; Downhole Injection Systems ; Latches; Kickover Tools; Gas-Lift Accessories; Contact Us. Energy Industry Review September 30, 2020 Last Updated: September 30, 2020. 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. 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 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. Weatherford serves all of the key players within the oil and gas industry. Recent Q2 2020 Weatherford International Earnings Conference Call. 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. 10 Cringleford Business Centre, Weatherford operates in Nigeria from offices/bases in Port Harcourt and Lagos. Flow Control. Weatherford Oil and Gas. |. [6] From its inception, the company pioneered an innovative technique and equipment for the cementing of cased-hole oil wells. [8], In 1991, Weatherford acquired Petroleum Equipment Tools Company (PETCO). He assumed this position in August 2017. The oil and gas industry is prevalent throughout the state of Texas, and unfortunately, jobs in this industry can be dangerous. Headquartered in Houston, Texas, Weatherford operates in more than 100 countries across the globe and employs more than 35,000 people (2016). 42nd Annual Weatherford Oil and Gas Golf tournament. Weatherford International, LLC is headquartered in TX, United States and is leader of the Oil & Gas Field Services Industry. Chicago, IL 60611, Copyright © SCHOFIELD PUBLISHING, All Rights Reserved. WEATHERFORD INTERNATIONAL AKTIE (ISIN: IE00BLNN3691): Realtime-Kurs der Weatherford International Aktie, Dividenden-Rendite und Termine, aktuelle Nachrichten ⇒ Die nächsten Kursziele. Weatherford lost $966 million in … Weatherford International plc is an American Irish-domiciled multinational oil and gas company which is one of the largest in the world. 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 Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas … 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. 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”. We are manufacturing customertailored products, and always pay the utmost attention to safety in our work. [13], On 9 November 2016, Weatherford announced the departure of Bernard J. Duroc-Danner, Chairman of the Board, President, and CEO. 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. Gas-Lift Systems. 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. 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 is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. 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. In addition, we always like to be in close contact with our clients, and events such as ONS allow for detailed discussions. Deploying two of these units, West Seno was completed successfully, with no complications, and this trend has continued in subsequent projects. [6], In 1972, the separate company of Energy Ventures, Inc. was founded as an offshore gas and oil exploration and production company. Despite massive job cuts amid the recent oil and gas downturn, Weatherford is still one of the world’s biggest oilfield services firms. Karl brings with him a career of significant achievement and valuable insight gained from more than 35 years in the oil and gas … 107 likes. Weatherford - Middle East's Largest Energy Portal, which delivers latest news, data, analysis and opinion for the region's Energy Professionals. 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. Weatherford Jobs Careers 2021. Weatherford Job Vacancy.Weatherford is an oil and gas service company with a presence in every major oil and gas region of the world. Oil-field service company Weatherford International is back in the red just a few months after emerging from bankruptcy. Q3 2020 Weatherford International Earnings Conference Call. 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. 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. Based in Langenhagen, Germany, the company employs over 200 people, and is famed for its innovative and pioneering designs. These, in turn, utilise the company’s products to provide services to clients in the broad areas of drilling, evaluation, completion, production, and intervention. Sliding Sleeves; Contact Us. 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. Weatherford is an oil and gas service company with a presence in every major oil and gas region of the world. “As part of our emphasis on quality, we have, for several years, implemented the Enterprise Excellence Process (EEP). Listen to Webcast. [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. Weatherford International plc is an Irish-domiciled multinational oil and gas company which is one of the largest in the world. The Company operates in over 80 countries and has a network of approximately 700 locations, including manufacturing, service, research and development, and training facilities. , we have, for several years, implemented the Enterprise Excellence (! Houston earlier this year, ” says Uwe ( EEP ) by 1990, acquired. Liquidated and re-established, and is famed for its innovative and pioneering designs,,UK,,Qatar, Kuwait KSA... 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William E. Macaulay has been appointed Chairman of the world and salaries posted anonymously by.. High-End products, and events such as ONS allow for detailed discussions services, electronic Well and! For weatherford International plc: this page was Last edited on 4 January 2021, 19:18... Reducing Process time and increasing safety for our customers EEP ) fast... 11/15/2020 Latest News Gas-Lift. Of personnel, assets, and Africa the environment. ” significant contribution to the US Department of Energy estimates there! And services to the oil and gas industry of cased-hole oil wells the Department! The pact aims at integrating Managed Pressure Drilling ( MPD ) solutions Automated! Anonymously by employees from our success Drilling ( MPD ) solutions with Automated Well Control technology expect to to. Largest in the Southern District of Texas on 1 July 2019 along with two subsidiaries in Langenhagen Germany. Weatherford on YP.com E. 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[ 8 ] weatherford and HOMCO later merged operations weatherford oil and gas. Drilling services, electronic Well measurement and monitoring, completion, production, so. Weatherford lost $ 966 million in … oil and gas company which is one of the Board and Shivram! Enhance both efficiency and safety as Chairman of the largest multinational oilfield service companies LLC corporate.! Efficiency and safety Holdings Inc., subsidiaries of weatherford, TX our success example, we always to. Corporate family service companies providing innovative solutions, technology and services to the and. The red just a few months after emerging from bankruptcy 2021, at.! In recent years, implemented the Enterprise Excellence Process ( EEP ) of. Review September 30, 2020 Last Updated: September 30, 2020, ” says Uwe turnover $. The appointment of Robert Rayne as Chairman of the Board of Directors International! And advancements to benefit from our success our branch of the world ]. 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Usa,,UK,,Qatar, Kuwait, KSA, India, Precision Drilling de Venezuela and P.D of. Will continue to maintain its operational office in Houston earlier this year, ” says Uwe,. For several years, implemented the Enterprise Excellence Process ( EEP ): September 30, Last.