Weatherford International Plc - Company Profile
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Weatherford International Plc (Weatherford) is a global oilfield service company. It provides a wide range of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. Business performance of wells construction and completions, product and service offerings, and geographical presence strengthened its operations. Business performance of production and intervention segment is a cause of concern for the company. Increasing upstream investments, and strategic agreement and contracts could provide the company new growth opportunities. However, increasing manpower costs in US, regulatory environment, and intense competition could affect its operations.
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