Weatherford International is a multinational oilfield services company.
Promised to suspend new investments and technology-deployments in Russia. Halted all shipments (no joint ventures or partners in Russia). The Russian branch of the international oil service company Weatherford intends to continue to fulfill existing contracts and conclude new agreements with customers. This follows from the reports of Weatherford's Russian structures, including "Weatherford" LLC, which accounts for the bulk of the company's revenues in the Russian Federation.
|May 22, 2023||Weatherford does not exit the well - the company will continue business in Russia|
|March 20, 2022||Weatherford is the last of the "big four" oil service companies to stop investing in the Russian Federation|