Rosneft in $500m Weatherford asset buy

Rig deal: Rosneft boss Igor Sechin

Weatherford International is selling a raft of land-drilling and workover assets in two countries to Russian giant Rosneft in a deal worth $500 million, as the oilfield services player continues to shed non-core assets.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?