Weatherford International plc announced it has been awarded a five-year contract with Petróleo Brasileiro S.A. (Petrobras) in Brazil, after a competitive tender, to provide Drill Pipe Riser (DPR) ultra deepwater offshore intervention systems and services. This new seven-system contract will commence operations March 2025 and will replace a current six-system contract that began in November 2020. Weatherford's Intervention Workover Control Systems (IWOCS) provide holistic answers for tasks such as tubing-string or tubing-hanger installation, well testing and appraisal, spool-base, and both vertical and horizontal Christmas tree installation.

Additionally, these systems cater to wellhead-tree cap installation, well-intervention operations with workover blowout preventer, and oil or gas production for early well tests. To elevate this comprehensive solution, Weatherford is incorporating its cutting-edge digitalization solution, the Centro well construction optimization platform, offering exceptional operational visibility and performance.