Weatherford International licensed the Ikon Science RokDoc RT software system to support its global rig-based real-time pore pressure specialists team. The RokDoc RT system provides critical modelling tools that allow the pore pressure specialists…
Statoil awarded Weatherford International a US$400 million contract for the delivery of tubular running services on 19 drilling units in Statoil’s portfolio. The six-year contract has an option for two consecutive two-year extensions…
Baker Hughes Inc. completed the acquisition of Weatherford’s pipeline and specialty services business for US$250 million. The total consideration includes $241 million in cash and $9 million in retained working capital. The purchase…
Optimum completion. Photo from Weatherford. Weatherford’s Yvonne McAnally and Ben Lake show how collaboration and integrated methodology delivered an operator’s first subsea well project in Norway…
On the 14-16 October, the 5th biennial edition of SPE Russian Oil & Gas, Exploration and Production Technical Conference and Exhibition will be taking place at the All-Russian Exhibition Center in Moscow. The organizers are expecting a total…
Houston-based Bristow Group Inc., which provides helicopter services to the offshore energy industry, announced today that John Briscoe has been appointed to the position of Senior Vice President and Chief Financial Officer, effective June 9…
The Intervention & Coiled Tubing Association’s European Chapter (ICoTA) will examine the role of wireless communication technology and its benefits in well intervention at its next lunch and learn session on 20 May. The presentation,…
In episode two of Weatherford's well construction video series, the company highlights and explains how its well-construction offering can improve well integrity and drilling reliability during operations. Take a look at Weatherford…
Weatherford International Ltd. and Baker Hughes Incorporated have signed an agreement for the sale of Weatherford’s pipeline and specialty services business to a subsidiary of Baker Hughes for a total consideration of US$250 million, including…
New technology Improving baseline survey accuracy was required to respond to challenges associated with Israel’s Tamar project. The cost of deepwater pipeline repair makes inspection accuracy critical to assessing pipeline integrity.…
During Weatherford's earnings conference call on Nov. 4, Chief Administrative Officer Dharmesh Mehta discussed the company's upcoming divestment plans. 'During Q3, we made good progress on our old oil divestiture program. The following…
The combined application of the ISO-MAX security packer and selective rotation and circulation tool (SRCT) helped a North Sea operator prevent losses during well displacement, thus ensuring well integrity and improving the chances of a successful completion…
Variable Bore Rams struck a deal to supply Weatherford’s Asia Pacific subsidiary with blowout preventer rams. Equipment stocking began last month and includes multiple sizes of rams. “We hope that our presence in the Asia Pacific region will…
This event aired on February 26, 2013 Click to AccessJoin Aaron Sinnott for a Live Presentation and Q&A session on the importance of handling tubular in an efficient and effective way to minimize their impact on offshore personnel and equipment…
Weatherford has been mobilizing a bucking unit equipped with torque/turn process control systems to an operator’s onshore Australian support base and providing full pipe preparation. Weatherford’s Aaron Sinnott explains how these services significantly reduced operating costs…