Weatherford International Awarded Offshore Intervention Services Contract With Petrobras; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Weatherford International has been awarded an offshore intervention services contract by Petrobras. The terms of the contract have not been disclosed.
July 12, 2023 | 8:32 pm
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POSITIVE IMPACT
Weatherford International has secured a new contract with Petrobras, which could potentially increase its revenues and profitability.
Securing a contract with Petrobras, a major player in the oil industry, is a positive development for Weatherford International. This could lead to increased revenues and profitability, which would likely have a positive impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100