Weatherford confirms $80M line-hanger deal with Equinor

first_imgOffshore Energy Today StaffSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit. U.S. oilfield services player Weatherford has said it has signed an $80 million liner-hanger frame agreement with Norway’s Equinor.A liner hanger is a device used to attach or hang liners from the internal wall of a previous casing string.“The four-year deal represents the largest liner-hanger frame agreement ever signed by Weatherford,” Weatherford said last week.Worth noting, Equinor back in May announced it had awarded drilling services contracts worth NOK 2.5 billion ($286.7 million) in total to the oilfield services behemoths Schlumberger, Halliburton, Baker Hughes, and Weatherford, among others.It was not immediately obvious if what Weatherford announced last week is actually the same agreement announced by Equinor in May. An Equinor spokesperson confirmed to Offshore Energy Today that this indeed is the same agreement. It is not clear why Weatherford waited this long with the announcement.Debt-burdened Weatherford recently filed for Chapter 11 bankruptcy protection. Weatherford in August said it would continue operations in the ordinary course without disruption to customers, vendors, partners, or employees, following the completion of “a successful “second day” hearing in the U.S. Bankruptcy Court for the Southern District of Texas. ”“The Court’s approvals at this hearing, coupled with the prior final approvals for the Company’s customer programs, cash management system, insurance, and other ordinary course operations at the first day hearing, will allow Weatherford to continue to operate in the ordinary course during the pendency of the cases,” Weatherford said early in August, 2019.last_img read more


Lady Twisters Soccer Team Win Over Lady Owls

first_imgSaturday morning at the graveyard, OA took on Seymour High School winning 5-3.OA came out and played really well in the first half and found the net 5 times. First goal came 7 minutes into the first half when Sarah Wilder placed a perfect ball to sophomore Haleigh Reed. Goals number two and three came from senior captain Kirsten Ricke. Ricke found her first goal by a shot by Wilder that was deflected by the keeper and Ricke was there to follow. Her second goal came 45 seconds later when she had a great shot from 25 yards out that went in to the upper 90. OA continued to control the game and with 4 minutes left in the first half, freshman Ava Geers was able to find the net with an assist from Ella Lamping. The final shot came with 3 minutes left in the first half when sophomore Elizabeth Schulte shot 30 yards out and placed the ball just over the keepers head. Seymour was able to score with two minutes left in the first half when the defense had a small let down.Seymour came out ready to play in the second half and was able to find the net two times. Haleigh Reed had the best game of her high school career; she has truly been able to take on the role of working in the middle of the field with Wilder. Reed now has 10 goals on the season. OA ended with 35 shots and 18 shots on goal. Regan Weberding recorded 8 saves on the day.OA improves to 8-2 on the season.  This week OA will play South Ripley High School and Providence High School. Saturday 9/20 at the graveyard will be “Senior Day”, everyone should come out to support our seniors!Courtesy of Twisters Coach Kendra Getz.last_img read more