Weatherford wins ExxonMobil deepwater completions contract in Nigeria

Weatherford International plc (NASDAQ: WFRD) announced it received a deepwater integrated completions contract from Esso Exploration & Production Nigeria Ltd., an ExxonMobil affiliate, for offshore Nigeria operations.

The contract covers integrated upper and lower completions solutions for deepwater wells. Weatherford will focus on supporting safety, reliability, well integrity, and operational efficiency throughout the well lifecycle, according to the company's statement.

The integrated completions equipment will be configured through Weatherford's global supply chain and supported locally in Nigeria to enable in-country execution and service delivery, in accordance with contract terms.

"This contract reflects our ability to deliver integrated completions solutions for deepwater operations," said Girish Saligram, Weatherford's President and Chief Executive Officer. "We will provide technologies designed to support well integrity, reliability, and efficient execution in complex offshore environments."

The contract falls within Weatherford's Well Construction and Completions portfolio. Financial terms of the agreement were not disclosed in the company's announcement.

You May Also Be Interested In

• FutureFuel director Paul Manheim to retire from board in 2026
• Select Medical stockholders approve buyout by insider-led consortium
• Robo.ai Inc (AIIO) files for 22.34M share offering by selling stockholders