Weatherford International

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Founded in 1972, Texas-based Weatherford International is an oilfield services company, providing equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells to oil and natural gas producing companies worldwide. The company's shares are listed on the New York Stock Exchange.[1] Weatherford is one of the largest oilfield service companies in the world, operating in more than 100 countries and employing more than 50,000 people worldwide as of 2011.[2]

Following the Deepwater Horizon disaster in the Gulf of Mexico in 2010, Weatherford's US subsidiary reached a settlement in June 2011 with BP under which it paid the British company $75 million to spend on its Gulf Coast Recovery Fund.[3]

Global Operations by Country

Ghana

Main article: Weatherford International Operations in Ghana

References

  1. "Weatherford Int Ltd" Bloomberg, retrieved 14 February 2012.
  2. "Peace returns to oil company after salary increases" Ghana Oil Online, 1 December 2011.
  3. "BP, Weatherford In Settlement on Deepwater Horizon" Rigzone, retrieved 14 February 2012.