Weatherford International plc is an American multinational oilfield service company,[2] headquartered in the US and operating in 75 countries globally across the oil and natural gas producing regions.

[3] The company provides technical equipment and services used for drilling, evaluation, completion, production, and intervention on gas and oil wells.

[6] Energy Ventures (an E&P company that had been created in 1972) was publicly traded (OTC: ENGY) with a small market capitalization of about US$15 million.

Part of the growth strategy was developing the company's asset base with a primary focus on mature fields, which was a significant departure from industry trends during that time.

In November 2016, Weatherford announced Krishna Shivram[9] as Interim Chief Executive Officer[10][11] and Robert Rayne as chairman of the board.

In June 2020, Weatherford announced several changes to its executive leadership team,[17] including Mark A. McCollum and chief financial officer Christian Garcia's resignation.

Drilling Holdings Inc. knowingly sold products that included US goods to Cuba, violating the Trading with the Enemy Act of 1917.

[23] Nevertheless, in response to media and investor criticism, the company announced that it would divest itself of any foreign subsidiary operations in countries sanctioned by the United States.