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

 

Company Background

Weatherford International Ltd. (NYSE:WFT) is an oilfield service and equipment company dedicated to helping clients maximize the value of their oil and gas assets. We serve the global exploration and production industry with an exceptional breadth of products and services that span a well’s life cycle, encompassing drilling, evaluation, completion, production and intervention.

Headquartered in Switzerland, we currently operate in more than 100 countries across the globe and employ more than 52,000 people. With regional hubs in major energy-producing areas such as Asia, Canada, Europe, Latin America, the Middle East, Russia, and the United States, we have located people, resources and authority closer to our clients. This global yet local structure permits better understanding of local markets and risks, enabling us to provide more responsive, more focused and more adaptable service.

A multinational organization, we are committed to pursuing the highest standards of excellence in all of our business processes and partnerships. We provide a common safety culture, performance management and quality system across all product/service lines and geographies. We also are dedicated to benefiting the local communities in which we operate by participating in programs and initiatives that positively impact the local economy.