Mirroring sentiments expressed by its peers, oilfield services company Weatherford said the market, particularly in North America, has bottomed out. Weatherford, based in Switzerland with offices in Houston, reported second quarter revenue of $1.4 billion, down by almost half from last year. In North America, the company said revenue was ... Read More »

The top executive at oil offerings organisation Weatherford worldwide said he became taking a positivetechnique to what he said was a “violent downturn.” The corporation said in its February file at the fourth quarter it misplaced $1.2 billion in income. sales of $2 billion became down 46 percentage. Noting the ... Read More »