13 Facts About Weatherford International

Weatherford International plc, an American Irish public limited company, together with its subsidiaries, is a multinational oilfield service company and one of the largest companies in the world in oil services.

Weatherford International is a wellbore and production solutions company, providing equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells.

Weatherford International conducts operations in 75 countries and maintains service and sales locations in virtually all the major oil and natural gas producing regions globally.

In October 2020, Weatherford International announced Girish K Saligram as the president and chief executive officer.

Between 1999 and 2008, Weatherford International experienced high growth and continued building its service business through acquisitions and organic growth.

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In November 2016, Weatherford International announced Krishna Shivram as Interim Chief Executive Officer and Robert Rayne as chairman of the board.

In March 2017, Weatherford appointed Mark A McCollum as president, chief executive officer, and a member of the board of directors of Weatherford.

Weatherford International announced the appointment of Mr William E Macaulay as chairman of the board of directors.

In December 2019, Weatherford International announced that it completed its financial restructuring and emerged from Chapter 11 protection.

Weatherford International emerged with a stronger financial foundation, having reduced approximately $6.

In June 2020, Weatherford announced several changes to its executive leadership team, including Mark A McCollum and chief financial officer Christian Garcia's resignation.

Weatherford International appointed Karl Blanchard, vice president and chief financial officer, as interim chief executive officer.

The next year, Weatherford International withdrew from activities in Sudan and donated its in-country equipment as well as providing additional equipment, supplies, and funding to Thirst No More, a humanitarian organization operating in Sudan.