Weatherford said Equinor selected it as primary provider of completion systems for the Statfjord and Oseberg licenses on the Norwegian Continental Shelf, significantly expanding its role in supporting Equinor's North Sea operations. The company also said it was awarded a two-year extension across several strategic frame agreements to provide its integrated completions portfolio, helping Equinor improve operational efficiency, enhance well performance, and maximize production throughout the life of the well. Weatherford said the contract extension and expanded completions scope reinforce its commitment to the Norwegian Continental Shelf and reflect continued investment in innovative technologies that improve well performance and increase operational efficiency. Shares of Weatherford gained 0.9% post-market Thursday following the announcement.
Weatherford International plcWeatherford won the Equinor completions contract and a two-year frame agreement extension, expanding its completions scope
Equinor ASA ADREquinor selected Weatherford as primary completions provider for its Statfjord and Oseberg licenses, supporting its North Sea production
Dell Technologies Inc
