Weatherford Secures Three-Year Contract with ADNOC
07 Novembre 2024 - 10:30PM
Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or
the “Company”) today announced that it has been awarded a
three-year contract for the provision of rigless services as part
of the reactivation of ADNOC onshore strings. The project is slated
to begin in the fourth quarter of 2024, where Weatherford is
expected to deploy multiple intervention solutions, advancing the
operational efficiency and reliability of ADNOC’s onshore assets.
The contract leverages Weatherford’s expertise
in providing comprehensive rigless services, enabling ADNOC to
maximize well productivity while minimizing downtime and
operational risks. Weatherford will deploy a suite of technologies
designed to enhance wellbore integrity, streamline reactivation
processes, and optimize reservoir performance, reinforcing the
Company’s commitment to delivering advanced, sustainable solutions
in the energy sector. Weatherford’s rigless services are recognized
for their efficiency, safety, and cost-effectiveness, making them
ideal for revitalizing inactive wells while reducing environmental
impact.
Girish Saligram, President and Chief Executive
Officer of Weatherford, commented, “We are honored to partner with
ADNOC on this significant project, which marks another milestone in
our shared commitment to driving value and operational excellence
through innovation. With our suite of cutting-edge technologies and
expert teams, we look forward to supporting ADNOC’s reactivation
goals and furthering our mission to provide agile, reliable
solutions to our customers globally.”
About Weatherford
Weatherford delivers innovative energy services
that integrate proven technologies with advanced digitalization to
create sustainable offerings for maximized value and return on
investment. Our world-class experts partner with customers to
optimize their resources and realize the full potential of their
assets. Operators choose us for strategic solutions that add
efficiency, flexibility, and responsibility to any energy
operation. The Company conducts business in approximately 75
countries and has approximately 19,000 team members representing
more than 110 nationalities and 330 operating locations.
Visit weatherford.com for more information and connect
with us on social media.
For Media:Kelley HughesCorporate Communications
Media@weatherford.com
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