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Weatherford Secures Managed Pressure Drilling Contract in Brazil

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Weatherford International (WFRD) said Thursday it has received a contract from Ventura Offshore Holding to provide managed pressure drilling solutions for the SSV Victoria rig in Brazil.

Financial details weren't disclosed.

The company said it will deploy its G3 Integrated Riser Joint system for operations in Brazil's Buzios Field, along with rig preparation, system integration, and long-term aftermarket maintenance services.

Price: $102.98, Change: $-5.40, Percent Change: -4.98%

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