AU24 
One Weatherford: Fostering Innovation, Cultivating Growth, Delivering Results
At Weatherford, we are not just a Company—we are a global team united by a shared passion to drive meaningful change in the energy sector. With approximately 19,000 employees in 75 countries, we are making a lasting impact as we work to transform the energy industry. We are empowered to make a difference, and it is through our collective energy, expertise, and commitment that we continue to lead the charge. This update highlights the significant contributions, dedication, and growth of our team throughout the past year, as well as the opportunities that lie ahead.
Our Culture
Weatherford delivers innovative energy services that integrate proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation.
Our culture is defined by an unwavering commitment to sustainability, driven by a focus on safety, quality, and integrity in all that we do.
Our Employee Value Proposition (EVP)
We were proud to launch our EVP in 2024 as a cornerstone of our Company's brand. We believe this encapsulates what distinguishes Weatherford as a career destination and employer of choice. At Weatherford, every colleague has the opportunity to be a source of inspiration, innovation, and energy, which led us to our Weatherford EVP:
Together, we are One Weatherford. We are the Energy of Innovation™.
Weatherford is a great place to work we are committed to providing value to our current and potential team members through:
- Opportunities: Our global scale provides unlimited opportunities for your career. Here, you get to challenge the status quo and solve today’s energy challenges that will drive our Company and our customers forward. We will help you realize your career objectives through exposure to different challenges and an environment built to support your agility.
- People: People are at the center of our One Weatherford culture. Our team values collaboration and an openness to various expertise, mindsets, and cultures. We are committed to ensuring a sense of belonging for our global, multidisciplinary team and providing opportunities to learn from one another.
- Impact: You are empowered to make an impact across our industry. Our employees are known for their determined mindset and commitment. At Weatherford, you have the opportunity to make an impact on customer success, the industry, and the world.
Leadership Traits
We believe that everyone at Weatherford is a leader. We have seven leadership traits that define the expectations of all team members for what it means to show up as a leader. These traits are designed to further support the adoption of our Mission, Vision, Core Values, and Strategic Priorities. In 2024, we began outlining training and support resources needed for all levels of the organization to embed the leadership traits into our operations. We look forward to expanding this initiative in 2025.
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Humility
Having the self-awareness to recognize personal growth opportunities, appreciate the contributions of others, and remain open to new ideas and feedback. Humble leaders actively listen, learn, and appreciate diverse perspectives. They take personal responsibility to support team needs, contribute to informed decisions, and foster a culture of continuous improvement.
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Functional Expertise
Having the knowledge to explain both individual and integrated business or operational activities. It involves the ability, experience, and skills to translate business objectives into reality, ensure measurable and sustainable results, and strengthen credibility among teams, peers, and customers. Functional expertise empowers individuals to influence outcomes, foster collaboration, and lead initiatives that align with broader organizational goals.
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Collaboration
Bringing together individuals at all levels to work together with shared responsibility. A collaborative leader consistently shares information to inspire innovation, break down silos, and reinforce Core Values. They foster a culture of performance development by providing coaching and constructive feedback, empowering everyone to contribute to team success and organizational goals, regardless of direct reporting lines.
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Transformative Thinking
Shifting your thinking and behavior to deliver strategies and tactics that provide significant results. A leader who applies transformative thinking approaches challenges with a growth mindset and an entrepreneur’s resourcefulness to think big and win bigger. This approach empowers individuals to innovate, influence change, and perform at their highest levels, helping differentiate the organization from competitors and drive sustainable success.
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Simplification
Driving efficiencies that streamline the organization, innovate products or processes, and empower all employees to lead. Leaders can contribute to simplification by identifying opportunities to reduce complexity, enhance agility, and promote collaboration. Simplification fosters more transparent practices and empowers everyone to drive improvement, regardless of formal authority.
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Communication
Developing and delivering messages that inform, inspire, and unite teams. Strong leaders communicate clearly with employees at all organizational levels and internal and external customers to drive alignment and clarity. Effective communication is inclusive, builds trust, and respects diverse perspectives.
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Curiosity
The drive to explore, learn, and challenge the status quo, fostering innovation and a culture of continuous improvement. Leaders are open-minded, ask probing questions, and encourage their peers and teams to think creatively, explore new possibilities, and embrace change, promoting a shared environment of growth and discovery.
Embracing Diversity
At Weatherford, we embrace diversity as an essential element of our success and our ability to drive meaningful innovation for our customers. Our commitment to fostering a workplace with diverse backgrounds and vantage points is reflected in initiatives like our employee resource groups (ERGs). For example, the Women of Weatherford (WOW) ERG has been instrumental in fostering engagement and creating a sense of community. Together, they organize global employee engagement events, such as hosting local celebrations for International Women’s Day, raising funds and awareness during Breast Cancer Awareness Month, and organizing internal charitable fundraising events and 5K runs. Through these initiatives, our WOW members promote a sense of camaraderie, providing opportunities for networking, fellowship, and knowledge sharing, all while creating an environment that fosters professional development, leadership, and support. We will continue creating opportunities for our employees to engage, connect, and collaborate through our ERGs, further strengthening our Company.
Our Foundation
HSSE
Weatherford is committed to the health, safety, and well-being of our employees, customers, and the communities in which we operate. We strive to be a company that is incident-free, fulfills our commitments, and leaves the environments and communities we engage with in a better state than we found them.
To support this, we have adopted the IOGP Life-Saving Rules and Start Work Checks, which guide our proactive approach to safety. These industry-standard rules are designed to improve human performance and raise awareness of the high-risk activities most likely to result in injury or fatality.
As a result of these efforts, customers globally recognized Weatherford’s operating teams for their outstanding commitment to health, safety, and the environment:
- Achieved Aramco Superior Rig Performance covering the last 36 months in the Aramco Rig Efficiency Index
- ISP recognized in KSA for zero recordable incidents since project commencement
- Total Energies recognized Angola operations for commitment and execution of Stop Work Authority
- Operations in Italy were recognized for the use of push-and-pull sticks and hands-free lifting operations
- Weatherford Canada recognized by Energy Safety Canada with the Safety Excellence Award
Additionally, we have safety programs and risk management tools aimed at educating and empowering employees to intervene if they observe or anticipate unsafe behaviors or conditions. Stop Work Authority (SWA) serves as a critical last line of defense, reinforcing our safety culture and encouraging employees to act when necessary. We firmly believe in embedding safety into all our operations to ensure everyone returns home safely each and every day.
Compliance
We foster a culture of ethics, fairness, and respect by adhering to our Code of Business Conduct and the Weatherford Human Rights Standard. Guided by our Compliance team, we operate with integrity through policies that address key areas such as Modern Slavery, Sexual Harassment, and Anti-Bribery and Corruption. Our global network of Ethics Ambassadors play a vital role in promoting this culture by helping deliver compliance training in local languages, with country-specific examples, across our global sites.
We encourage our employees to voice concerns by reaching out to managers, Human Resources, the Legal and Compliance department, or Weatherford’s Listen Up hotline. Our commitment to ethics extends beyond internal operations, shaping our relationships with customers, partners, employees, and stakeholders. Through a comprehensive suite of policies and programs, we aim to uphold integrity in all aspects of our business.
Quality
We recognize the significance of consistently providing high-quality products and services to our customers. Our commitment extends to investing in continuous training and ensuring the competence of our team members. We empower them with the necessary tools and resources for safe and efficient job execution. Through our Quality Pillars, including Supplier/Vendor Quality, Incident Management, Lean and Continuous Improvement, and Quality Management Systems and Audits, we instill a commitment to quality within our team, enabling them to deliver outstanding results and promptly address any issues that may arise.
As a service provider, Weatherford received awards for both elevated Service Quality and Safety Excellence in our Rigless Operations from Saudi Aramco for our 2024 performance with consistent ratings of Superior Performance across the Rig Efficiency index. We’ve received repeated positive feedback from our critical customers in MENA (such as ADNOC and KOC) regarding our service delivery and equipment performance. Finally, in 2024, we maintained an overall quality rating of 93% from PEMEX with the strongest ratings of our peers in four of the twelve months of 2024 and second place just 1% behind the top performer for PEMEX for the total year 2024.
Employee Engagement
We are committed to cultivating a positive workplace environment that fosters transparent communication and provides opportunities for professional growth. Recognizing and rewarding the contributions of our team members is at the core of what we do, and we continually align our efforts with the Company’s strategy to ensure a shared sense of purpose. The following examples highlight our ongoing dedication to employee engagement.
CEO Awards Program
Each year, we celebrate the dedication and hard work of our employees through the CEO Awards, which honor those who made a significant impact in the past year. Nominated by leaders across the Company, these recipients are recognized for their outstanding achievements and their role in strengthening our organization and culture. The categories for these prestigious awards include:
- CEO Prestige Award: Recognizing individuals for their exceptional performance, development potential, stakeholder management, and unwavering commitment to our Core Values.
- The Rising Star: For those who demonstrate extraordinary growth potential while staying aligned with the Company’s strategic vision.
- One WFRD Values Champion: In recognition of colleagues who consistently embody our Core Values (Passion, Accountability, Innovation, and Value Creation).
- Performance Excellence: Honoring those whose efforts significantly contribute to safeguarding the interests of Weatherford and its stakeholders.
After reviewing over 170 submissions, we were pleased to recognize 27 colleagues with this prestigious honor.
Career Development Opportunities
We remain dedicated to providing our employees with meaningful career opportunities and the support necessary to build a career in which they can excel. A central element of this commitment is our comprehensive training and development curriculum, which fosters a learning culture where employees are empowered with the tools, capabilities, and environment needed to grow through both technical and soft skills programs.
Our NextGen program continues to drive the development of essential competencies and skills, positioning field engineers for future roles. Participants benefit from a blend of technical and non-technical training, along with exposure in operations and opportunities to enhance leadership skills. The program also includes upskilling with multi-disciplines to enhance field efficiencies and development of future leaders.
In 2024, we saw significant growth in our Leadership Essentials Program, which immerses emerging leaders in an environment designed to cultivate foundational leadership skills. This program emphasizes transformative thinking, collaboration, communication, humility, functional expertise, curiosity, and simplification. We are proud to see increased representation across various cultures, genders, and backgrounds, demonstrating our dedication to nurturing diverse leadership talent.
Last year, we introduced the Global Organizational Leadership Development (GOLD) program. The GOLD program is a comprehensive rotational initiative designed for MBA graduates, focused on promoting critical reasoning and business judgment while encouraging new perspectives and innovation. Participants receive dedicated mentorship throughout their journey from members of our Executive team, ensuring a well-rounded and impactful developmental experience. Of the program, one participant noted:
“The GOLD program offers an ideal blend of insights into the business from both executive and operational perspectives. This unique approach bridges the gap between executive goals and the operational actions required to achieve them. It’s an excellent way to accelerate your learning and networking experience when joining a new company.”
As we continue to enhance our training offerings, we have introduced New Energy education (e.g., Carbon Capture and Storage, Geothermal, P&A, etc.) into all existing product line training where our technical training instructors demonstrate how our products best supports New Energy solutions.
In the Kingdom of Saudi Arabia, we piloted a dynamic 12-week career restart initiative tailored for women with 6-10 years of experience who have taken a hiatus from the workforce or were looking to transition into a new discipline. Throughout the program, participants received structured training, mentorship, and an ongoing support system, with the possibility of a full-time job offer upon completion. The pilot program was well received by participants, who noted their appreciation for the mentoring experience. Once participant commented that it was “an enriching experience that was transformative and inspiring” and that they enjoyed focusing on “managing large-scale projects while maintaining efficiency, precision, and strategic clarity.” We look forward to expanding this program in other areas of our business.
Our 10-week internship program also saw remarkable growth in 2024. We are particularly proud of our efforts to engage students from diverse academic backgrounds, ethnicities, and regions, offering them hands-on learning experiences, guidance, and the opportunity to present their projects to leadership.
In addition, we were honored to collaborate with Saudi Aramco and the King Fahad University of Petroleum and Minerals (KFUPM) to offer four engineering students a 10-week international internship at a Weatherford location, guided by a dedicated mentor. Each student gained hands-on experience, practical skills, and the global perspectives necessary to help them thrive in their future careers. This partnership highlights the value of bridging academic learning with real-world industry experience. The students’ positive feedback has strengthened our collaboration and reinforced our commitment to creating more impactful opportunities in the future.
In 2024, we were also pleased to introduce a Mentoring Program that fosters meaningful connections and provides valuable insights for mentees and mentors, contributing to individual and organizational success.
At all stages of our employees’ careers, we are committed to providing them with engaging, challenging, and rewarding opportunities for growth and development.
One Weatherford Week
One Weatherford Week is our annual celebration of the culture, Core Values, and the One Weatherford team. It’s a time to come together in appreciation of the dedication, teamwork, and values that drive our success and unite us as one. Across the globe, employees celebrate in meaningful ways—whether through community volunteer efforts, sharing cultural traditions, or recognizing exceptional team achievements. This week highlights how our shared commitment to these values strengthens our global community. We invite you to watch this year’s recap video, showcasing the celebrations from around the world!
Celebrating Significant Career Milestones
At Weatherford, we take pride in celebrating both our collective and individual accomplishments. Through our Weatherford Recognition Program, we honor team members with milestone anniversaries in five-year increments. As a token of our appreciation, we send employees commemorative awards and they can choose a personalized gift from our catalog, while our digital hub enables colleagues to send e-cards to commend exceptional performance, uphold our Core Values, and mark special occasions like work anniversaries and birthdays. In 2024, we celebrated more than 2,000 employees, recognizing an impressive total of 22,350 years of dedicated service.
During last year’s One Weatherford Week, we specially honored employees who have devoted 40 or more years to our organization. Their invaluable contributions and enduring impact were celebrated through heartfelt stories that highlighted their remarkable journeys and the lasting legacy they have built at Weatherford.
Community Building
At Weatherford, giving back to our communities is a reflection of the passion and commitment we have for making a positive difference—values that are deeply ingrained in our culture. Throughout the year, the One Weatherford team comes together to take action, whether through volunteerism, community donations, sustainability efforts, wellness initiatives, or philanthropy. We’re proud of the impact these efforts have, and below are a few of the activities we supported this year:
Employee Spotlight
For the past ten years, Weatherford has hosted an annual employee photo and video contest to capture our culture and operations through the lens of our team. We invited submissions that reflected our employees' pride in working for Weatherford, celebrated our team’s diversity and spirit, showcased creativity through original songs, and highlighted the value of our technology. With more than 190 entries from across our global network and 2,800 votes from our employees, we were able to determine the winners.
The 2024 top-voted photo is by Abhishek Vichare, with his photo titled "Golden Arm of India Weatherford," shining a light on our operations and our commitment to safety, quality, and integrity.
The 2024 video contest winner is Kristina Nikitina. Her video, "Weatherford, Kazakhstan Location," beautifully captures moments from her personal and professional journey, highlighting the rich cultural experiences that have shaped her life. Through teamwork, dedication, and passion, Kristina exemplifies the spirit of One Weatherford.
We are excited to share the creativity of our team with you.
Photo Contest Winner
Video Contest Winner
