|Weatherford International, Inc. (NYSE: WFT) is one of the largest global providers of innovative mechanical solutions, technology and services for the drilling, completion and production sectors of the oil and gas industry. The company is headquartered in Houston, along with its world-class Technology & Training Center, a facility dedicated to product development and testing, as well as the ongoing training in the operation of Weatherford products and services. Weatherford’s approximately 15,000 employees operate in approximately 100 countries through three specialized divisions: Drilling & Intervention Services Completion Systems Artficial Lift Systems|
Weatherford Wins $843M Iraq Zubair Field Contract
Tuesday, June 19, 2012 Weatherford wins a $843M crucial oil field facilities contract from Eni-led group that will boost oil production from Iraq's Zubair oil field, a government spokesman said.
Proserv Takes Reins of Weatherford's Subsea Controls Business
Thursday, May 10, 2012 Proserv Group Inc. has acquired the subsea controls business of Weatherford International.
Proserv to Expand Through Business Venture with Weatherford International
Monday, April 30, 2012 Global-leading energy production technology services company Proserv is bolstering its rapidly-expanding subsea capabilities and specialist integrated services and increasing its workforce by more than 300 people.
Weatherford CEO: Expect Higher Margins In 2Q 2012
Tuesday, April 24, 2012 Weatherford International expects growth across the board for 2012 as the company tries to win over investors flummoxed by the oil services company's recent failure to meet profit expectations.
Weatherford Notes Senior Notes Offering
Friday, March 30, 2012 Weatherford announced the pricing of the offering by Weatherford Bermuda of $750 million aggregate principal amount of 4.50% Senior Notes.
Weatherford 4Q 2011 Revenue Up 27%
Tuesday, February 21, 2012 Fourth quarter revenues of $3.71 billion were the highest in the company's history. Revenues were 10 percent higher sequentially and 27 percent higher than the same period last year.
Judge Dismisses All Macondo Claims Against Weatherford International
Monday, February 13, 2012 US District Court Judge Carl Barbier said no evidence that the Weatherford float collar used in the production string of Macondo well was defective.
Weatherford Captures the 'Big Picture' in Offshore Ops
Wednesday, November 09, 2011 Weatherford is capturing photographs in challenging environments without the need for a 'hot permit'.
Weatherford 3Q Earnings Double in 2011
Tuesday, October 25, 2011 Third quarter revenues of $3.37B were the highest in the company's history. Revenues were 33 percent higher than the same period last year and 11 percent higher than the prior quarter.
Weatherford Reaches Record Revenues in 2Q11
Tuesday, July 26, 2011 Second quarter revenues of $3.05B were the highest in the company's history, 25% higher than the same period last year and 7% higher than the prior quarter.
BP, Weatherford In Settlement on Deepwater Horizon
Monday, June 20, 2011 BP on Monday reached a settlement with Weatherford's U.S. subsidiary that indemnifies the oil-services company from future Deepwater Horizon-related disaster claims.
Weatherford Plans to Sell Up To $1B in Assets -Wells Fargo
Wednesday, June 15, 2011 Weatherford plans to sell between $500 million and $1 billion worth of assets, according to analysts with Wells Fargo Securities.
Weatherford Swings to Profit in 1Q11
Thursday, April 21, 2011 Weatherford reported first quarter 2011 income of $78 million, or $0.10 per diluted share, excluding an after-tax loss of $18 million.
Lamprell Bags Weatherford Contract
Wednesday, March 30, 2011 Lamprell has received a new contract award from Weatherford for the engineering, construction and delivery of two 3000HP land drilling rigs.
Weatherford Scores MWCC Design, Construction Contract
Wednesday, March 16, 2011 Weatherford announced that the MWCC has awarded the co. a contract for the design and construction of the topsides process modules for two dynamically positioned tankers to operate in the GOM.
Weatherford Touts Record Revenues in 4Q10
Tuesday, January 25, 2011 Fourth quarter revenues of $2.901B were the highest in company history and produced the highest quarterly sequential growth rate in the recent past.
Weatherford Gets Nod to List on Swiss Exchange
Friday, November 12, 2010 Weatherford reports that the Swiss Exchange ("SIX") has approved the listing and trading of its shares on SIX starting 17 November 2010, under the stock ticker WFT.
Weatherford Notes Total Consideration for Maximum Tender Offer
Wednesday, October 20, 2010 Weatherford announced the reference yield and the total consideration for each series of notes subject to its previously announced Maximum Tender Offer.
Weatherford Sees 87% Net Increase in 3Q10
Tuesday, October 19, 2010 Weatherford reported third quarter 2010 income of $132 million, or $0.18 per diluted share, excluding an after tax gain of $0.01 per diluted share.
Weatherford Briefs on Tender Offers
Thursday, September 23, 2010 Weatherford announced that approximately $167,066,000 in aggregate principal amount of notes were tendered pursuant to the previously announced cash tender offer by Weatherford, for any and all of its outstanding 6 5/8% Senior Notes.