Weatherford Announces Contract Awards with Kuwait Oil Company and NOC in Qatar
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Weatherford International plc has announced two significant contracts in the Middle East, one with Kuwait Oil Company and another with a National Oil Company in Qatar.
November 05, 2024 | 9:45 pm
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Weatherford International has secured two new contracts in the Middle East, enhancing its business prospects with Kuwait Oil Company and a National Oil Company in Qatar.
The announcement of new contracts with major oil companies in the Middle East is likely to positively impact Weatherford's stock price in the short term. These contracts suggest increased revenue and business expansion in a key region.
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