Walid YASSIN

Vice-President for North Africa

WEATHERFORD

Every bid round is successful, and this is mainly due to the latest framework changes.
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Weatherford In Figures

2022 revenue: USD 4.3 billion

2022 operating income: USD 412 million

Weatherford International is a global engineering company that provides equipment and services to the energy and industrial sectors.

The NASDAQ-listed company’s customers include national oil companies, international and independent oil and natural gas companies, and new energy companies. Weatherford has 345 operating locations in around 75 countries.

The company organises its activities under three operating segments:

  • Drilling and evaluation
  • Well construction and completion
  • Production and intervention

The drilling and evaluation segment offers services such as managed pressure drilling, directional drilling, measurement-while-drilling, wireline services, well intervention and remediation, and a range of downhole equipment.

The well construction and completion segment supplies products and services to ensure integrity over the life cycle of wells. Primary offerings are tubular running services, completions, liner hangers, well services and cementation products and specialised equipment such as plugs, float and torque-and-drag reduction technology.

Production and intervention offerings relate to responsible well management and boosting productivity. They include drilling tools, intervention services, artificial lift systems, subsea equipment for deep and ultra-deep operations, and pressure pumping, as well as software and data products for monitoring and control.

Weatherford News and Interviews

A Saudi oil and gas technology leader TEY_post_Completion-Energy-–-Abdulmuin-ALYOUSEF
Interview
Saudi Arabia - December 15, 2023

Abdulmuin Alyousef, CEO of Completion Energy, talks to The Energy Year about the company’s strategy to export technologies…

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Interview
Angola - June 08, 2018

Domingos Freitas, the country director of Weatherford Angola, talks to TOGY about the potential for onshore blocks, strategies to increase production in the country and…

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Interview
Argentina - January 11, 2018

Adolfo Sánchez Zinny, president of Argentina’s Chamber of Oilfield Services Companies (CEOPE), talks to TOGY about the impact of low oil prices on the domestic…

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Weatherford plans units sale: report

NEWS
Multinational - November 24, 2017

Weatherford International is hoping to sell businesses such as its international pressure pumping business, its wellheads and drilling tools arms and its artificial…

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Interview
Saudi Arabia - May 31, 2017

TOGY talks to Halim Hamid Redhwi, vice-president of Dhahran Techno Valley Company (DTVC), about the state of Saudi Arabia’s economy, current challenges with…

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Saudi warms to US involvement
NEWS
Saudi Arabia - May 22, 2017

Saudi Arabia moves forward towards completing its economic vision for 2030 with the signing of a plethora of domestic deals worth around USD 50 billion and agreements…

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Schlumberger, Weatherford in JV
NEWS
USA - March 27, 2017

Oilfield services giants Schlumberger and Weatherford late on Friday announced they would create a hydraulic fracturing joint venture for US shale operations.

To be…

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Interview
Malaysia - March 07, 2017

TOGY talks to Thomas Ng, general manager for Weatherford in Malaysia, Brunei, and the Philippines, about the company’s global and local operations, new technologies…

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Week in review
NEWS
- February 03, 2017

TOGY’s oil and gas coverage of the past week was dominated by Iran’s downstream news and reporting on Indonesia’s Pertamina. There were also a number of Q4 and…

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