WFT.. Weatherford International Plc

Weatherford Signs Memorandum of Understanding with QatarEnergy to Advance Tawteen In-Country Value Program

Weatherford Signs Memorandum of Understanding with QatarEnergy to Advance Tawteen In-Country Value Program

HOUSTON, June 04, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced it has signed a Memorandum of Understanding (“MOU”) with QatarEnergy to establish a robust framework aimed at advancing Tawteen’s In-Country Value program objectives to develop the local energy industry, foster career opportunities and talent development, and drive technology innovation in support of the Qatar National Vision 2030.

The agreement underscores Weatherford’s commitment to driving sustainable development and technological advancement within the region. Per the MOU, the companies will collaborate to develop Qatari nationals and residents in technical fields, infrastructure, technology, and supply chains. This effort aims to strengthen Qatar’s domestic capabilities, enabling a high standard of living for its population and future generations.

Girish Saligram, Weatherford President and CEO commented, “I am delighted for us to partner with QatarEnergy in support of Tawteen and the Qatar National Vision 2030 under the esteemed leadership of His Highness Sheikh Tamim Bin Hamad Al-Thani, the Amir of the State of Qatar. This MOU signifies another significant milestone in Weatherford and QatarEnergy’s long-standing history of strategic collaboration and aligns with the broader objectives of fostering economic diversification and enhancing Qatar's technological landscape.”

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 operates in approximately 75 countries and has approximately 18,800 team members representing more than 110 nationalities and 340 operating locations. Visit  for more information and connect with us on social media.

For Media:

Kelley Hughes

Weatherford International plc

Corporate Communications



EN
04/06/2024

Underlying

WFT..Weatherford International Plc

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

Reports on Weatherford International Plc

 PRESS RELEASE
Free
WFT.. Weatherford Int...

Weatherford Awarded Multi-Year Integrated Completions Contract in Denm...

Weatherford Awarded Multi-Year Integrated Completions Contract in Denmark HOUSTON, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced it has been awarded a multi-year Integrated Completions contract by TotalEnergies in Denmark. The contract underscores TotalEnergies’ confidence in Weatherford’s technical expertise, execution capabilities, and commitment to delivering innovative, high-quality well solutions. Under the agreement, Weatherford will deliver leading completions products and services supporting offshor...

February 12, 2026 1 EN
 PRESS RELEASE
Free
WFT.. Weatherford Int...

Weatherford Announces Fourth Quarter and Full Year 2025 Results

Weatherford Announces Fourth Quarter and Full Year 2025 Results Fourth quarter revenue of $1,289 million increased 5% sequentially and decreased 4% year-over-year; full year revenue of $4,918 million decreased 11% from prior yearFourth quarter operating income of $199 million increased 12% sequentially and increased 1% year-over-year; full year operating income of $756 million decreased 19% from prior yearFourth quarter net income of $138 million, a 10.7% margin, increased 70% sequentially and increased 23% year-over-year; full year net income of $431 million, an 8.8% margin, decreased 15% ...

February 3, 2026 1 EN
 PRESS RELEASE
Free
WFT.. Weatherford Int...

Weatherford Announces Quarterly Dividend, Increases Payout by 10%

Weatherford Announces Quarterly Dividend, Increases Payout by 10% HOUSTON, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $0.275 per share on the Company’s ordinary shares, representing a 10% increase compared to the prior quarterly dividend. The dividend is payable on March 5, 2026 to shareholders of record as of February 6, 2026. Girish Saligram, President and Chief Executive Officer of Weatherford, commented, “This dividend increase ref...

January 27, 2026 1 EN
 PRESS RELEASE
Free
WFT.. Weatherford Int...

Weatherford Announces Fourth-Quarter and Full-Year 2025 Conference Cal...

Weatherford Announces Fourth-Quarter and Full-Year 2025 Conference Call HOUSTON, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, February 4, 2026 to discuss the Company’s results for the fourth quarter and full year ended December 31, 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 ...

December 16, 2025 1 EN
 PRESS RELEASE
Free
WFT.. Weatherford Int...

Weatherford and Maersk Training Announce Strategic Partnership to Adva...

Weatherford and Maersk Training Announce Strategic Partnership to Advance MPD Training, Offering the Industry’s First All-Level IADC-Accredited Programs HOUSTON, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced a strategic partnership with Maersk Training, a world-class provider of oil and gas training solutions, to jointly develop and commercialize International Association of Drilling Contractors (IADC)-accredited Managed Pressure Drilling (MPD) training programs. Weatherford, a global leader in MPD technolog...

October 27, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch