Midstream
Weatherford International Ltd.
38 articles mentioning Weatherford International Ltd. · Page 2 of 2
Weatherford 2Q Revenues Dip 14%; More Job Cuts Planned
Weatherford International plc reported a net loss before charges of $77 million ($0.10 net loss per share non-GAAP) on revenues of $2.39 billion for the second quarter of 2015.
Baker Hughes, Schlumberger, Halliburton & Weatherford on 2015 Service Outlook
A look at the services sector outlook following H1 2015 conference calls from four major service companies.
Weatherford to Retire 50% of Frac Fleet
Revenue for the first quarter of 2015 was $2.79 billion compared with $3.73 billion in the fourth quarter of 2014 and $3.60 billion in the first quarter of 2014.
Weatherford to Slash 5,000 Jobs; Cites Weak Prices
Weatherford: Due to the quickly changing market conditions, we are aligning and reducing our cost as well as organizational structures to match the new environment.
US Pressure Pumping Market Report - Q3
Market share of the US Pressure Pumping market.
Weatherford Sees Greater Activity in Canada, Greater Margins in US
Higher activity levels in Canada with the seasonal recovery following the spring breakup and stronger margins in the U.S.
Weatherford Appoints New General Counsel, Corporate Secretary
Dianne B. Ralston joins Weatherford with more than 20 years of combined legal, compliance, and contractual experience in the oil and gas industry.
C&J to Acquire Nabors Frac Business; FracTech Moves Down One
In regard to the deal, Shale Experts CEO Rons Dixon commented:"The combined company will have a little more than 5% market-share and now moves into 4th position behind Halliburton, Schlumberger and Baker Hughes."
Weatherford and Sinopec to Form New JV in China
Combine the strengths of each parent company to tap into the vast unconventional resource base in mainland China.
Weatherford Cuts Workforce, Costs, Non-Core Assets in 1Q
Most notably, Weatheford entered into an agreement to sell its pipeline and specialty services business for a total consideration of$250 million.
Weatherford to Divest Pipeline, Specialty Service Biz in Deal with Baker Hughes
This is part of Weatherford's previously announced initiative to divest its non-core businesses.
Weatherford Set to Drop Non-Core Businesses, Cut Workforce
Bernard J. Duroc-Danner, Chairman, President and CEO, commented, "While the fourth quarter results were disappointing, Weatherford is now actively engaged in transforming itself into a lean, deleveraged and focused organization going into 2014."
Weatherford Reports Lackluster 4Q13 Results; Cites Operational Hurdles
The shortfall can be primarily attributed to the following factors: Operational disruptions in the Middle East as well as severe weather conditions in North America.
Weatherford Resolves Cases with DOJ, SEC
Weatherford will pay a total of $253 million to resolve these cases, a sum which had been previously accrued and announced in the Company's securities filings.
Weatherford Appoints New CFO, New COO Promoted
Weatherford International Ltd. announces the appointment of Mr. Krishna Shivram as Executive Vice President and Chief Financial Officer, and the promotion of Mr. Dharmesh Mehta to Executive Vice President and Chief Operating Officer, effective November 6,...
Weatherford Awarded International License for New Completions Technology
ExxonMobil Upstream Research Company has awarded Weatherford International Ltd. a limited international license for the company’s Alternate Path® technology patent portfolio.
Weatherford Predicts Higher Income, Low Operating Costs in U.S. Market
The Company expects the second half of 2013 to show higher revenue and operating income in North America compared to the first half of this year with the U.S. also benefiting from a lower operating cost...
Drillsearch Secures Rig From Weatherford To Explore Austrialian Shale
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