weatherford

2027
Girish Saligram, CEO of the U.S. oilfield services company, said they are hiring rapidly in Venezuela and that the firm's client base has grown.
U.S. oilfield services company Weatherford International is rapidly expanding its operations in Venezuela and expects its revenue in the country to exceed US$100 million by 2027, as international oil companies increase their investments.

Amid the political headlines and the daily currency-market noise, one piece of news slipped in that Venezuela’s crypto market should be scrutinizing closely: Weatherford International, one of the major oilfield services companies based in Houston, confirmed that its revenue in Venezuela could exceed US$100 million in 2027. Its CEO, Girish Saligram, said so plainly during the third-quarter earnings call: they are hiring “at a very accelerated pace,” the number of customers they are in talks with has grown considerably, and the fourth quarter will already see a tangible contribution from local operations.