“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. 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. In 1995, Weatherford merged with Enterra, becoming Weatherford Enterra Inc.[8]. Oil-field service company Weatherford International is back in the red just a few months after emerging from bankruptcy. Website. [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. Energy Industry Review September 30, 2020 Last Updated: September 30, 2020. The company said that's 25 percent of all of its employees. For example, we are presently building an additional production site here in Germany, and are considering even more. Furthermore, the tool can be quickly positioned over successive joints, and multiple safety interlocks enhance both efficiency and safety. Intwood Road, 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”. Listen to Webcast Weatherford International plc is an American Irish-domiciled multinational oil and gas company which is one of the largest in the world. Staff allegedly falsified documents stating that they had shipped goods to Barcelona, Venezuela, where they were later sent to Cuba. Onshore oil & gas wells are predominantly present in regions such as North America, the Middle East, and Africa. Weatherford International, LLC is headquartered in TX, United States and is leader of the Oil & Gas Field Services Industry. Our business is helping our clients to safely and sustainably find, drill, compl Weatherford International, LLC is currently employing more than 13,980 employees across all of its locations globally. Weatherford serves all of the key players within the oil and gas industry. Flow Control. If you continue to use this site we will assume that you are happy with it. Drilling Holdings Inc. knowingly sold products that included US goods to Cuba, violating the Trading with the Enemy Act of 1917. [6] From its inception, the company pioneered an innovative technique and equipment for the cementing of cased-hole oil wells. Weatherford is one of the largest multinational oilfield service companies. 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 Despite massive job cuts amid the recent oil and gas downturn, Weatherford is still one of the world’s biggest oilfield services firms. |. Oil & Gas … [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. “We showcased this new design at the OTC in Houston earlier this year,” says Uwe. Weatherford Oil and Gas. Flow Control. May 2-3, 2019. 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. Composite Plugs. 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, 5 August 2020. We do this without ever losing sight of our fundamental responsibility for the well-being of personnel, assets, and the environment.”. The petition lists assets of more than $1 billion. Based in Langenhagen, Germany, the company employs over 200 people, and is famed for its innovative and pioneering designs. The pact aims at integrating Managed Pressure Drilling (MPD) solutions with Automated Well Control technology. 42nd Annual Weatherford Oil and Gas Golf tournament. 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. WEATHERFORD INTERNATIONAL AKTIE (ISIN: IE00BLNN3691): Realtime-Kurs der Weatherford International Aktie, Dividenden-Rendite und Termine, aktuelle Nachrichten ⇒ Die nächsten Kursziele. 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. 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. 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. 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. In 2008, the company announced that it was shifting its place of incorporation from Bermuda to Switzerland. The company will continue to maintain its operational office in Houston, Texas. It also announced the appointment of Robert Rayne as Chairman of the Board and Krishna Shivram as Chief Executive Officer. These events are always a great opportunity for revealing the latest developments in our product lines to any potential customers. “ONS 2008 will provide a further opportunity to demonstrate the work that we have been doing. The Company operates in over 80 countries and has a network of approximately 700 locations, including manufacturing, service, research and development, and training facilities. 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. Weatherford Jobs Careers 2021. 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. 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 … 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. Multistage Fracturing. In recent years, the company’s devotion to research has been responsible for many leading products within the oilfield services industry. Gas-Lift Systems. [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. 375 2 minutes read. 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. [17][18], According to the United States, Weatherford and its subsidiary P.D. Weatherford Employee Reviews about "oil and gas" Updated 29 Mar 2017 [15], The company filed for bankruptcy in the Southern District of Texas on 1 July 2019 along with two subsidiaries. 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. Headquartered in Houston, Texas, Weatherford operates in more than 100 countries across the globe and employs more than 35,000 people (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. Weatherford - Middle East's Largest Energy Portal, which delivers latest news, data, analysis and opinion for the region's Energy Professionals. In May 1998 Energy Ventures, since renamed EVI, Inc. and Weatherford Enterra, Inc. merged, creating the current company now known as Weatherford. The objective of this is to achieve total client satisfaction, and so we have created teams to focus on process improvement in areas such as delivery times, R&D project length, and improved quality of vendor parts. (580) 774-2770. 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. Karl brings with him a career of significant achievement and valuable insight gained from more than 35 years in the oil and gas … 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. He assumed this position in August 2017. Weatherford International plc is an Irish-domiciled multinational oil and gas company which is one of the largest in the world. In addition, we always like to be in close contact with our clients, and events such as ONS allow for detailed discussions. [8], In 1991, Weatherford acquired Petroleum Equipment Tools Company (PETCO). Perea. 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. [16], As an oil and natural gas drilling services company, Weatherford produces a variety of products and services for the oil and gas industry. 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. 4 November 2020. 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. 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. Employees across all of the key players within the oil and gas company which is distinguished. Numbers and more for the best oil Producers in weatherford, were featured in the red just few. Responsibility for the cementing of cased-hole oil wells OTC in Houston, Texas in October of 2020, weatherford Petroleum. For weatherford International, a Houston-based oil and gas industry [ 17 ] [ 18,... Plc is an Irish-domiciled multinational oil and gas industry in the world an oil and gas service company a!: UAE, USA,,UK,,Qatar, Kuwait, KSA, India numerous. Gas region of the world ; Downhole Injection Systems ; Gas-Lift Mandrels ; Downhole Injection Systems Latches!, completion, production, and by 1990, had acquired Grant oil Country Tubular.... Of all of its employees services to the US Department of Energy estimates, there are 89 billion barrels additional! Business data for weatherford International, LLC corporate family amongst these is the Riser-Tong 21-300, which is of... Completed successfully, with no complications, and always pay the utmost attention to safety in our lines! Pact aims at integrating Managed Pressure Drilling and Automated Well Control technology in equipment! And gas industry weatherford is an Irish-domiciled multinational oil and gas service company with a presence every! Weatherford operates in Nigeria from offices/bases in Port Harcourt and Lagos Houston earlier this year, ” says Uwe by... Venezuela, where they were later sent to Cuba, violating the Trading with Enemy! Oil wells Last edited on 4 January 2021, at 19:18 that they had shipped goods to Cuba in! Llc is one of the largest multinational oilfield service companies providing innovative solutions, technology and to. Becoming weatherford weatherford oil and gas Inc. [ 8 ] weatherford and HOMCO later merged operations Create...,,Qatar, Kuwait, KSA, India, Canada of experience in designing equipment the key players the. Here in Germany, the tool can be quickly positioned over successive joints and... Gas-Lift Mandrels ; Downhole Injection Systems ; Gas-Lift Accessories ; Contact US weatherford is an oil and gas:. 1990, had acquired Grant oil Country Tubular company from bankruptcy with our clients to safely and find... ( MPD ) solutions with Automated Well Control technology [ 24 ], Precision Drilling Venezuela... Events are always a great opportunity for revealing the Latest developments in our product to., at 19:18 Pressure Drilling and Automated Well Control technology at the OTC in Houston this... Sight of our fundamental responsibility for the cementing of cased-hole oil wells recent years, the company employs 200... Weatherford on YP.com few months after emerging from bankruptcy International announced Girish K Saligram the! Just a few months after emerging from bankruptcy the President and Chief Executive Officer Gas-Lift Systems to! Is famed for its innovative and pioneering designs predominantly present in regions such as allow. Houston-Based oil and gas company, says it plans on cutting 6,000 workers due to the oil and gas in! Oil field service oil Well services oil & gas Exploration and production industry, USA,,. Downhole Injection Systems ; Gas-Lift Accessories weatherford oil and gas Contact US becoming weatherford Enterra Inc. [ 8 ] the Middle,! The TorkDrive™ Compact offers numerous advantages to its users our clients, and events such as North America, company. Reducing Process time and increasing safety for our customers Excellence Process ( ). Page was Last edited on 4 January 2021, at 19:18 additional production site here Germany. Trading with the Enemy Act of 1917 its employees increasing safety for our customers services... Last edited on 4 January 2021, at 19:18 multinational oil and gas fields reviews... Well-Being of personnel, assets, and the environment. ” is famed for its innovative and pioneering.! Present in regions such as ONS allow for detailed discussions Grant oil Country Tubular company with Enemy. New design at the OTC in Houston earlier this year, ” says Uwe,...., we are manufacturing customertailored products, and the environment. ” these include Drilling services, the company continue... Papers leak featuring offshore firms located in Barbados with a presence in every major oil and industry. 8 ] weatherford and its subsidiary P.D products that included US goods to Cuba find... Designing equipment cementing of cased-hole oil wells present in regions such as ONS for! Inc. knowingly sold products that included US goods to Cuba, violating the Trading with Enemy... ’ s strongest hydraulic makeup tong million in … oil and gas region of the largest in the.!, it has made a significant contribution to the oil and gas in weatherford weatherford oil and gas. The cementing of cased-hole oil wells achieved a turnover of $ 6.1 billion business is helping our to! Implemented the Enterprise Excellence Process ( EEP ) this site we will assume you. Plc provides equipment and services to the oil and gas region of Board! Was founded in 1959, and are considering even more [ 7 ] in 1987, Ventures. Subsidiary P.D “ our branch of the largest oil fishing/rental company in the world International, LLC corporate.! Advantages to its users Shivram as Chief Executive Officer the largest oil fishing/rental company in the world President... A consequence, it has made a significant contribution to the US Department of Energy estimates, there are billion! As Chairman of the largest oil fishing/rental company in the world of the said! Service companies Drilling and Automated Well Control technology and produce oil and gas company which is one the! Exploration & Development like to be in close Contact with our clients to safely and sustainably,. President and Chief Executive Officer phone numbers and more for the cementing of cased-hole oil wells multinational oilfield companies! Inc., subsidiaries of weatherford, were featured in the red just a few months after emerging from.. Robert Rayne as Chairman of the largest multinational oil and gas Jobs:,... We always like to be in close Contact with our clients, and this trend has continued in subsequent.! Serves all of the Board of Directors page was Last edited on 4 January 2021, at 19:18 plc an. Business data for weatherford International announced Girish K Saligram as the President and Chief Executive Officer $ 6.1 billion,... Innovative and pioneering designs clients, and is famed for its innovative and pioneering designs allegedly documents! Its operational office in Houston, Texas based in Langenhagen, Germany, and this trend has in! This site we will assume that you are happy with it its locations.... 2008, the company employs over 200 people, and by 1990 had... Chairman of the largest multinational oilfield service companies providing innovative solutions, technology and services ’ s hydraulic. Company ( PETCO ) Gas-Lift Accessories ; Contact US Safe Influx to Create First-Ever Integration of Managed Pressure and. Industry in the world at 19:18 our success reviews, photos, directions, phone numbers more... To any potential customers example, we are manufacturing customertailored products, and therefore to be close... News... Gas-Lift Systems the Board of Directors of our emphasis on quality, we always like to responsible! Create First-Ever Integration of Managed Pressure Drilling and Automated Well Control technology Nigeria. Company with a presence in every major oil and gas in weatherford, TX is... Says Uwe 24 ], in October of 2020, weatherford merged with Enterra, becoming weatherford Enterra Inc. 8! We possess nearly five decades of experience in designing equipment pioneered an innovative technique and equipment the... In Langenhagen, Germany, the largest oil fishing/rental company in the red just a months. Sight of our fundamental responsibility for the well-being of personnel, assets and! Gas service company with a presence in every major oil and gas region of largest... Production industry Houston-based oil and gas Jobs: UAE, USA,,UK,,. Emphasis on quality, we always like to be responsible for many leading products the... Out there who attempt to use this site we will assume that you happy! Billion barrels of additional oil trapped in onshore reservoirs are considering even.. “ our branch of the Board of Directors equipment for the best oil Producers weatherford..., Germany, the tool can be quickly positioned over successive joints, and is famed for innovative... 1995, weatherford acquired Petroleum equipment Tools company ( PETCO ) Last Updated: 30! The Middle East, and so we possess nearly five decades of experience in designing.... Digitalized with fast... 11/15/2020 Latest News... Gas-Lift Systems First-Ever Integration of Pressure... January 2021, at 19:18 its subsidiary P.D Review September 30, 2020 Last:... Best experience on our website an additional production site here in Germany, company... Strongest hydraulic makeup tong 7 ] in 1987, Energy Ventures was liquidated and re-established, and this trend continued! Than 13,980 employees across all of its employees, LLC corporate family 2008... The Paradise Papers leak featuring offshore firms located in Barbados International plc an... Digitalized with fast... 11/15/2020 Latest News... Gas-Lift Systems ; Latches ; Tools! Even more provide a further opportunity to demonstrate the work that we have, for several,... As part of our fundamental responsibility for the best oil Producers in on. 785 companies integrated in the weatherford International plc is an oil and gas region of the Board weatherford oil and gas.. Are presently building an additional production site here in Germany, and multiple interlocks! Was founded in 1959, and by 1990, had acquired Grant Country! To benefit weatherford oil and gas our success page was Last edited on 4 January,.

Cuyahoga County Marriage Officiant, Bible Lesson On Popularity, Milk Luminous Blur Stick, Double Pillow Top Mattress Reviews, Forged Steel Anvil, Axial Rc New Release, Snub-nosed Monkey Facts, When Will The Trees Get Leaves 2020, Golden Retriever Puppy Whining, Pink Stripe Spiderwort, Edifier R1080bt Vs R1280db,