WFT.. Weatherford International Plc

Weatherford Awarded Eight-Year Real-Time Digital Wellsite Monitoring Contract by Romgaz

Weatherford Awarded Eight-Year Real-Time Digital Wellsite Monitoring Contract by Romgaz

HOUSTON, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that it has been awarded an eight-year contract by SNGN Romgaz S.A., the largest natural gas producer and main supplier in Romania and the third largest gas producer in Europe, to deliver services for real-time monitoring and transmission of dynamic parameters from the wellheads of gas wells, improving production optimization through digital and AI-enabled insights.

This award marks the first time Romgaz has sought such services, reflecting its commitment to advancing digital transformation and production automation. Under the agreement, Weatherford will partner with Romgaz to implement a wellsite monitoring campaign across thousands of existing wells. Leveraging cloud infrastructure, Weatherford technology will acquire critical data from field locations to provide Romgaz with key information for production decisions. This information will guide in-field, Weatherford-supplied automated infrastructure to deliver Romgaz’s goal of production optimization.

Girish K. Saligram, President and Chief Executive Officer of Weatherford, commented, “We are proud to support Romgaz in their first deployment of real-time monitoring services. With our technology, expertise, and recent investments in Romania, Weatherford is well positioned to help Romgaz optimize production and build fields of the future with solutions that enable smarter and more reliable operations.”

Razvan Popescu, Chief Executive Officer of Romgaz, added, “Partnering with Weatherford marks a significant step forward in Romgaz’s digital transformation journey. For the first time, we are implementing real-time wellsite monitoring technologies that will provide actionable insights and enhance the efficiency of our operations. This initiative aligns with our strategic objectives of innovation and operational excellence. We are confident that this collaboration with Weatherford represents a strategic first step in integrating AI-driven technologies into our operations and laying the foundation for a new era of intelligent transformation.”

Weatherford’s well monitoring solutions provide operators with continuous, high-fidelity well data, enabling smarter decision-making and proactive intervention strategies. By implementing these systems, Romgaz will benefit from enhanced visibility of well conditions and the ability to optimize production throughout the contract term.

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 17,300 team members representing more than 110 nationalities and 310 operating locations. Visit  for more information and connect with us on social media.

For Investors:

Luke Lemoine

Weatherford Investor Relations



For Media:

Kelley Hughes

Weatherford Global Marketing, Communications & Sustainability



EN
23/09/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Weatherford International Plc

 PRESS RELEASE

Weatherford Announces Third-Quarter 2025 Conference Call

Weatherford Announces Third-Quarter 2025 Conference Call HOUSTON, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, October 22, 2025, to discuss the Company’s results for the third quarter ended September 30, 2025. The conference call will begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). Prior to the conference call, the Company will issue a press release announcing the results and the associated presentation slides will be uploaded to the investor relations section of the We...

 PRESS RELEASE

Weatherford Awarded Eight-Year Real-Time Digital Wellsite Monitoring C...

Weatherford Awarded Eight-Year Real-Time Digital Wellsite Monitoring Contract by Romgaz HOUSTON, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that it has been awarded an eight-year contract by SNGN Romgaz S.A., the largest natural gas producer and main supplier in Romania and the third largest gas producer in Europe, to deliver services for real-time monitoring and transmission of dynamic parameters from the wellheads of gas wells, improving production optimization through digital and AI-enabled insights. ...

 PRESS RELEASE

Weatherford Announces Credit Rating Upgrades from Moody’s, S&P, and Fi...

Weatherford Announces Credit Rating Upgrades from Moody’s, S&P, and Fitch HOUSTON, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that Moody’s Investor Services, S&P Global Ratings, and Fitch Ratings have recently upgraded the Company’s ratings, underscoring the progress Weatherford has made in strengthening its financial profile, operational performance, and balance sheet flexibility. Moody’s Investors Service upgraded Weatherford’s Corporate Family Rating to ‘Ba2’ from ‘Ba3’ with a Positive Outlook. The r...

 PRESS RELEASE

Weatherford Announces Increase to Previously Announced Tender Offer fo...

Weatherford Announces Increase to Previously Announced Tender Offer for its 8.625% Senior Notes due 2030 HOUSTON, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today the upsizing of its previously announced cash tender offer (the “Tender Offer”) for its 8.625% Senior Notes due 2030 (“Notes”) by its subsidiaries, Weatherford International, LLC and Weatherford International Ltd. (together, the “Offerors”). The Offerors have amended the terms of the Tender Offer to increase the aggregate principal amount of Notes th...

 PRESS RELEASE

Weatherford Announces Upsize and Pricing of $1,200 Million of Senior N...

Weatherford Announces Upsize and Pricing of $1,200 Million of Senior Notes due 2033 HOUSTON, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that its subsidiary, Weatherford International Ltd., has priced $1,200 million aggregate principal amount of its 6.75% Senior Notes due 2033 at par (the “2033 Notes”), which represents a $600 million increase from the previously announced size of the offering (the “2033 Notes Offering”). The 2033 Notes Offering is expected to close on October 6, 2025, subject to customar...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch