Our people are the foundation of our Company
We are a company of talented, dedicated individuals who are committed to our mission — producing energy for today and tomorrow. As a global leader in energy services, operators trust Weatherford to drive maximum value, streamline operations, and enhance safety. In partnership with our customers, we are committed to producing innovative energy solutions that are environmentally and economically sustainable to drive our industry forward.
Operating in approximately 75 countries, Weatherford delivers innovative energy services that integrate proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment. Our approximately 17,000 world-class experts partner with customers to optimize their resources and realize the full potential of their assets. With approximately 350 operating locations, including manufacturing, research and development, service, and training facilities, operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation.
350 operating locations
17,000 world-class experts
Our Core Values
At Weatherford, we are empowered by our commitment to:
We are committed to doing the right thing even when no one is looking.
We deliver on our promises and seek to find solutions. You can trust us to keep our word.
We know that no job is so important that we cannot take time to do it safely and to the highest standards possible.
We understand the value of trust and teamwork and keep that top of mind in all our interactions.
We get excited about delivering best-in-class solutions to the energy industry and seek to be at the cutting edge of innovation.
We understand that how we treat our people and our planet leaves a lasting impact, and we are determined to leave a positive one.
We are proud of our One Weatherford culture. We believe in fostering collaboration, taking responsibility, encouraging innovation, and creating a sense of belonging.
Our mantra, coupled with our core values, continues to drive our actions. 2021 presented many challenges to our industry, our Company, and our people, but together we faced each challenge head-on and came out stronger. We are proud of the Weatherford we are today and the passionate and talented team who makes what we do possible.
Diversity, Equity, and Inclusion
We are passionate about fostering a culture of teamwork and believe that when we lean into different perspectives, that is when we get the best ideas and results. Our Diversity, Equity, and Inclusion (DE&I) program is a strategic pillar for the Company and a core element of our One Weatherford culture. Through our DE&I efforts, we aim to provide learning, engagement, and philanthropic opportunities to help our people and communities flourish. Here are a few examples of our DE&I commitment in action:
Variable Cost Management program
Throughout 2021, we shared with the market progress we were making on our Variable Cost Management program, which is comprised of several pillars. Internally, we had a team of individuals dedicated to advancing each pillar. These teams were intentionally made up of members with different backgrounds and skillsets — designed to challenge the status quo and generate impactful projects. We are pleased to share that we are making significant progress across all of the teams' goals, and the impact is showing in our financial performance.
Virtual One Weatherford Week
During One Weatherford Week, an annual celebration of our culture around the world, we delivered virtual sessions for employees on collaborating and leading across distance — empowering them with tips for connecting when in-person interactions are limited and emphasizing ways to foster inclusion. This is just one example, but similar sessions were held on a number of topics throughout the year in order to encourage an open discussion around strengthening our DE&I program and ensuring all employees feel welcome and valued.
Unconscious Bias Awareness Training
In Q4 2021, we launched an Unconscious Bias Awareness Training to our managers and supervisors across the globe. This training extended into the early part of the new year and is designed to bring awareness to unconscious biases that we may carry and ensure our leaders remain aware of the potential issues so they can actively manage against them.
DE&I: A Strategic Pillar
In addition to embedding DE&I into our core values, our HR team has identified this as one of their key strategic pillars where we are committed to outlining a clear strategy with a mission, vision, KPIs, and employee value proposition so we can ensure the actions we take in this important space make the most significant impact.
Employee Resource Groups
We are proud of the work that our Employee Resource Groups (ERGs) continued to drive amidst the challenges of the COVID-19 pandemic. Below are a few examples of their impact in action. To learn more about our ERGs, please visit our website.
Our Women of Weatherford (WOW) ERG hosted a virtual fundraiser for Dubai Cares to raise money to provide health and nutrition aid to women and children affected by the COVID-19 pandemic. They also held Breast Cancer Awareness month events in-person and virtually all over the world, bringing in expert resources to talk about the importance of early detection.
The Emerging Professionals Network hosted a series of Lunch and Learn sessions with leaders from around the Company to share tips for developing personally and professionally.
Our VetNet team gathered volunteers to place an American flag on United States Veterans' gravesites in honor of Memorial Day.
The EveryONE network shared resources to encourage awareness and allyship for the LGBTQIA+ community, and hosted a virtual food and supplies drive to benefit the Houston Montrose Center, which provides one-stop access to behavioral health and support services for LGBTQIA+ individuals and their families.
DE&I Champions Network
We have also established a DE&I Champions Network as an integrated approach to build, educate, and promote ongoing DE&I initiatives in a way that best aligns with local considerations. This team is comprised of key members from various business functions, job disciplines, and with all of our Geozones represented. Their goal is to reinforce all aspects of diversity, inclusion, and equality in the workplace. In Q4 2021, many of these Champions were accredited as internal facilitators to build awareness and transfer knowledge on key topics such as unconscious bias and inclusive leadership.
Strengthening Our Culture through the Pandemic
As we continued to navigate through the COVID-19 pandemic, we remained committed to nurturing our culture and creating a sense of unity, even during times of physical distancing. While many of our colleagues were working remotely, there was a strong contingency of dedicated team members on the frontlines working to produce energy needs for the global economy. We are incredibly grateful for the sacrifices they made to ensure our operations continued to run successfully for our customers. To show our gratitude, we increased employee recognition efforts across the globe — spotlighting the successes and contributions of our team. In Kuwait, our local management team took this one step further and instituted a care package program where employees were offered vouchers to send gifts back home to their families. Many of our employees were on rotation in-country for a year or longer and we wanted to show our deep gratitude to not only our workforce, but our extended One Weatherford family — their loved ones at home.
A key component of strengthening our culture was the engagement of our leadership team, many of whom were relatively new to the organization in 2021. Our leaders were very intentional about spending time listening to our One Weatherford colleagues in as many forums as possible: virtual townhalls, employees surveys, small group discussions, and site visits to name a few. As we begin to see signs of recovery from the pandemic in many locations around the world thanks to the availability of COVID-19 vaccines, our leaders are excited to continue reaching out into the organization and ensuring the voices of our colleagues are heard. Together, we will continue to strengthen our great Company.
We also hosted several virtual sessions throughout the year to engage all employees, whether working onsite or remotely. We covered many topics including how to cope with the stress of the pandemic, tips for being a supportive manager and colleague, and activities to foster collaboration and innovation. In addition, we continued to support our local communities by participating in virtual volunteering and philanthropic events.
One such example was our eighth annual Weatherford Walks event, which was held virtually for the second year in a row. Our team in Houston collectively walked, ran, or biked nearly 2,500 miles throughout the month of November — almost four times as many miles covered during our traditional in-person events. And through the support of our generous partners, employees, and fundraising match from the Company, we raised $289,000 for the Houston Area Women's Center, Camp Hope, Small Steps Nurturing Center, and Spindletop Charities, Inc.
8th annual Weatherford Walks
2,500 miles recorded
289k $ raised
Supporting the National MS Society in the United States
Another organization we are committed to supporting is the National Multiple Sclerosis (MS) Society. Each year, our team comes together to fundraise for a cure through the Texas MS 150 Ride and our Annual Weatherford Charity Golf Classic. Our employees, partners, and friends' personal motivation for supporting the ride and golf events are truly moving. For example, our Team Captain, Dawn Murphy, has bravely shared the reason she works so hard to lead these events — her daughter Kiersti Chance was diagnosed with MS in 2011. We encourage you to watch their video below.
While the 2021 ride was initially canceled due to inclement weather, we pressed on with many employees choosing to cycle indoors or get together for a smaller event. We are proud to have raised more than $42,000 and are grateful for our team's dedication to making a difference.
Supporting Health And Wellness Through The Covid-19 Pandemic
Our WOW chapters in Dubai and Algeria held fundraisers for Dubai Cares and Souboul El Khair Foundation to help provide health and nutrition aid to women and children affected by the COVID-19 pandemic.
And employees in the UK raised funds for Mental Health Aberdeen, a non-profit that provides counseling and information services to adults and young people experiencing difficulties related to their mental health and well-being.
For the past seven years, we have conducted an annual employee photo and video contest to capture our culture and our operations through the point of view of our One Weatherford team.
This year, we sought photos and videos that demonstrate the pride our colleagues have in working for Weatherford, celebrate the diversity and spirit of our team, and highlight the value of our technology.
With nearly 200 entries from our employees around the world, selecting the winners was a difficult task. We narrowed the images down to the top 10 and the videos down to the top 2. Then, our employees and social media followers helped us select the winners by casting almost 2,000 votes.
2,000 votes cast
The winning image this year was taken by Syed Umair Abidi, Fleet Supervisor, in Pakistan. His photo entitled “No Limit!” represents our drive for delivering excellence for our customers.
The winning video was captured by Harri Firmansyah, R&M Specialist III, in Queensland, Australia. His video shares the history of oil and gas production in the town of Roma as well as our dedication to safety and service quality at our local base there.
Video Contest Winner
We are proud to share the creativity of our employees with you.