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Weatherford Inks MoU with QatarEnergy to Advance Tawteen ICV Program

Weatherford International plc announced it has signed a Memorandum of Understanding (“MOU”) with QatarEnergy to establish a robust framework aimed at advancing Tawteen’s In-Country Value program objectives to develop the local energy industry, foster career opportunities and talent development, and drive technology innovation in support of the Qatar National Vision 2030.

 

The agreement underscores Weatherford’s commitment to driving sustainable development and technological advancement within the region. Per the MOU, the companies will collaborate to develop Qatari nationals and residents in technical fields, infrastructure, technology, and supply chains. This effort aims to strengthen Qatar’s domestic capabilities, enabling a high standard of living for its population and future generations.

 

Girish Saligram, Weatherford President and CEO commented, “I am delighted for us to partner with QatarEnergy in support of Tawteen and the Qatar National Vision 2030 under the esteemed leadership of His Highness Sheikh Tamim Bin Hamad Al-Thani, the Amir of the State of Qatar. This MOU signifies another significant milestone in Weatherford and QatarEnergy’s long-standing history of strategic collaboration and aligns with the broader objectives of fostering economic diversification and enhancing Qatar's technological landscape.”

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