DealsMay 5, 2026, 08:32 AM
Weatherford Wins Multiple MPD Contracts & Global Aftermarket Deal with Noble
AI Summary
Weatherford International plc announced it has been awarded multiple managed pressure drilling (MPD) contracts and a global aftermarket agreement with Noble Corporation. These awards include the delivery of two deepwater MPD systems for Noble's Guyana operations, expected before year-end, and an upgrade on a third-party MPD system for deployment to Nigeria in Q3. The global aftermarket agreement will provide standardized lifecycle support, parts, and services for MPD systems across Noble's fleet, reinforcing Weatherford's leadership in MPD technology and lifecycle support.
Key Highlights
- Weatherford secured multiple managed pressure drilling (MPD) contracts with Noble Corporation.
- A global aftermarket agreement for MPD systems was also signed with Noble.
- Two deepwater MPD systems will be delivered for Noble's Guyana operations by year-end.
- Weatherford will upgrade a third-party MPD system for Nigeria deployment in Q3.
- The aftermarket agreement covers standardized lifecycle support, parts, and services across Noble's fleet.