Weatherford lands largest ever fishing and intervention contract
- Business & Finance
Oilfield service company Weatherford has signed an $87 million contract for fishing and intervention services with Brazilian oil company Petrobras.
Weatherford said earlier this week that the four-year agreement with Petrobras was the largest fishing contract ever signed by the company. It also constitutes the largest single global award for this scope in the recent past, according to the company.
“Weatherford is the global leader for fishing and intervention services which facilitated this contract win,” said Dean Bell, President of Well Construction for Weatherford.
Bell added, “Customers trust us to get the job done right the first time. Our best-in-class crews and unequaled global support have experience that makes the difference between hours or days offline. Securing a contract of this magnitude further demonstrates our commitment to this vision and validates that our strategy is working.”
Weatherford has provided fishing services to worldwide customers for over four decades.
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