Weatherford operates in Nigeria from offices/bases in Port Harcourt and Lagos. Weatherford lost $966 million in … 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. 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. 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. [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. 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. Weatherford International, a Houston-based oil and gas company, says it plans on cutting 6,000 workers due to the current oil market. 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. Oil & Gas … These events are always a great opportunity for revealing the latest developments in our product lines to any potential customers. There are 785 companies integrated in the Weatherford International, LLC corporate family. Weatherford Employee Reviews about "oil and gas" Updated Oct 23, 2020 Sliding Sleeves; Contact Us. Weatherford serves all of the key players within the 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. 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 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. 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. 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. “As part of our emphasis on quality, we have, for several years, implemented the Enterprise Excellence Process (EEP). Multistage Fracturing. 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. [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. Flow Control. For example, we are presently building an additional production site here in Germany, and are considering even more. The TorkDrive™ Compact offers numerous advantages to its users. Weatherford Jobs Careers 2020. “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. We use cookies to ensure that we give you the best experience on our website. 107 likes. 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. 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. We do this without ever losing sight of our fundamental responsibility for the well-being of personnel, assets, and the environment.”. Based in Langenhagen, Germany, the company employs over 200 people, and is famed for its innovative and pioneering designs. Weatherford International Plc provides equipment and services to the oil and natural gas exploration and production industry. [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. Weatherford Employee Reviews about "oil and gas" Updated 29 Mar 2017 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 … 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. 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. [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. Multistage Fracturing. 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. 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. Weatherford Oil and Gas Jobs: UAE, USA,,UK,,Qatar, Kuwait, KSA, India. Listen to Webcast. Oil & Gas Weatherford and Safe Influx to Create First-Ever Integration of Managed Pressure Drilling and Automated Well Control Technology. Weatherford operates in Nigeria from offices/bases in Port Harcourt and Lagos. Drilling Holdings Inc., subsidiaries of Weatherford, were featured in the Paradise Papers leak featuring offshore firms located in Barbados. Flow Control. 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. [15], The company filed for bankruptcy in the Southern District of Texas on 1 July 2019 along with two subsidiaries. [13], On 9 November 2016, Weatherford announced the departure of Bernard J. Duroc-Danner, Chairman of the Board, President, and CEO. The pact aims at integrating Managed Pressure Drilling (MPD) solutions with Automated Well Control technology. 4 November 2020. 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. 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. Weatherford Jobs Careers 2021. “We showcased this new design at the OTC in Houston earlier this year,” says Uwe. Weatherford is an oil and gas service company with a presence in every major oil and gas region of the world. 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. Equipment and services the well-being of personnel, assets, and events as. 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