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Weatherford Defies Sanctions, Expands Russian Operations Amid Controversy

8/22/2025

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Summary

Story summary

Weatherford International is expanding its operations in Russia despite U.S. and EU sanctions on the energy sector.
Russian revenue reached 7% of Weatherford's total $2.4 billion sales in the first half of 2025, up from 5% in 2024.
The company has posted approximately 100 job openings in Russia since late February 2025.
Legal experts caution that U.S. involvement in Russian operations may breach American law.
By June 2025, Weatherford's Russian revenue totaled $332 million, up from $233 million in 2024.

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Story summary

Weatherford International is expanding its operations in Russia despite U.S. and EU sanctions on the energy sector.
Russian revenue reached 7% of Weatherford's total $2.4 billion sales in the first half of 2025, up from 5% in 2024.
The company has posted approximately 100 job openings in Russia since late February 2025.
Legal experts caution that U.S. involvement in Russian operations may breach American law.
By June 2025, Weatherford's Russian revenue totaled $332 million, up from $233 million in 2024.