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Weatherford International for oilfield service and technology

2013-08-26
Weatherford is a Swiss-based, multinational oilfield service and technology company. It is one of the largest global providers of inventive solutions, technology and services for the oil and gas industry. 

It operates in more than 100 countries and employ more than 65,000 people worldwide. With a product and service portfolio that spans the drilling, evaluation, completion, production and intervention cycles of oil and natural gas wells. Weatherford is a new breed of service company—one that can provide the industry with extended products and services, more efficient operations, more powerful research and development capabilities and greater geographic diversity.
 
Today’s Weatherford is the result of internal growth and innovation, as well as the consolidation of 250+ strategic acquisitions over the past 13 years. From a strategic standpoint, Weatherford has two key objectives—efficiency and productivity. Weatherford strives for efficiency, both in terms of delivering results for its clients as well as leveraging its worldwide infrastructure. The ultimate goal in both cases is to help reduce costs and increase well productivity. As well, Weatherford has created a more streamlined organizational structure to continue a push towards greater individual productivity levels through more intensive recruiting, training and retention.