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Weatherford Announces Tubular Running Services Contract Award with Petrobras
Globenewswire· 2025-09-16 20:30
Core Insights - Weatherford International plc has been awarded a three-year contract worth $147 million by Petrobras for Tubular Running Services in Brazil, highlighting the company's leadership in TRS technologies [1][3] Contract Details - The contract includes the deployment of several advanced technologies such as Vero™, Multi Slip System, Flush Joint Elevator, and StringGuard™, which enhance safety, efficiency, and operational reliability [2] Company Leadership and Collaboration - The CEO of Weatherford emphasized the strength of the Tubular Running Services portfolio and the company's commitment to supporting Petrobras with innovative technologies and skilled teams [3] - Weatherford has a long-standing relationship with Petrobras, having supported its operations for over a decade, which reinforces the collaboration between the two companies [3] Company Overview - Weatherford operates in approximately 75 countries with around 17,300 employees from over 110 nationalities, focusing on integrating proven technologies with advanced digitalization to maximize value and return on investment [4]