Weatherford Announces Acquisition of Datagration
03 Septembre 2024 - 2:30PM
Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the
“Company”) today announced the acquisition of Datagration Solutions
Inc., an innovator in unified data integration, analytics, and
machine learning. The acquisition establishes Weatherford as having
one of the industry's most capable and contemporary digital
offerings for production and asset optimization and demonstrates
its commitment to continuously driving innovation across its
technology portfolio.
The integration of Weatherford’s digital
offering with Datagration’s unified data models creates a powerful
solution for surveillance, optimization, and decision-making across
the well lifecycle. The combination enhances Weatherford’s
capabilities in digital transformation and drives amplified
synergies with its ForeSite®, CygNet ®, and CENTRO® platforms.
Furthermore, it improves digital enablement across the enterprise,
creating operating efficiencies, and also allows for the
integration of disparate emissions data to enhance emissions
tracking, reporting, and overall sustainability management that
will help deliver improved value to customers.
Girish Saligram, President and Chief Executive
Officer of Weatherford, commented, “This acquisition of Datagration
is another step forward as we continue to differentiate our
technology portfolio. The addition will not only enhance our
enterprise capabilities but also accelerate our innovation and
growth in the digital transformation of the energy industry. We are
excited to welcome the Datagration team to Weatherford and look
forward to the value this acquisition will deliver to our customers
in the future.”
About WeatherfordWeatherford
delivers innovative energy services that integrate proven
technologies with advanced digitalization to create sustainable
offerings for maximized value and return on investment. Our
world-class experts partner with customers to optimize their
resources and realize the full potential of their assets. Operators
choose us for strategic solutions that add efficiency, flexibility,
and responsibility to any energy operation. The Company conducts
business in approximately 75 countries and has approximately 19,000
team members representing more than 110 nationalities and 330
operating locations. Visit weatherford.com for more
information and connect with us on social media.
Contacts
For Investor: Luke Lemoine
Investor Relations Investor.Relations@weatherford.com
For Media:Kelley
HughesCorporate Communications Media@weatherford.com
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