Aramco, Weatherford sign long-term deal

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Offshore staff

BAAR, SwitzerlandWeatherford International plc has signed a five-year corporate procurement agreement with Saudi Aramco to deliver cementation, completions, liners, solid expandables, and casing exit technologies.

The agreement establishes a foundation for future collaboration between the two companies.

Jim Hollingsworth, vice president, Saudi Arabia, Weatherford, said: “This agreement sets the stage for future collaboration and will unlock both game-changing technology and tremendous value.”

Mohammed Shammary, vice president, Procurement and Supply Chain Management, Saudi Aramco, said: “Their robust product portfolio aligns with our goal to safely achieve production while supporting the sustainable development of the Kingdom.”

09/19/2019

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