Weatherford Energy Services Saudi Arabia Co. Ltd

Weatherford Energy Services Saudi Arabia Co. Ltd stands as one of the leading players in the oilfield service sector, providing crucial support to the energy industry, particularly in the Middle East. The company, headquartered at Dhahran, Saudi Arabia, has been a cornerstone in oil exploration and production services, reinforcing its market presence through its expansive trade network and diverse sourcing strategies. In this article, we delve into Weatherford's international trading activities, their global suppliers, and buyers, as well as a detailed look at the main products involved in their trade.

Global Trade Profile of Weatherford Energy Services Saudi Arabia Co. Ltd

Weatherford Energy Services operates extensively across several key markets, sourcing critical goods from regions such as Pakistan, Kazakhstan, and Nigeria, reflecting the company's diverse procurement footprint. Notably, their main suppliers include Weatherford Oil Tool Middle East Limited, ТОО ВЕЗЕРФОРД ОЙЛФИЛД СЕРВИСЕЗ, and Weatherford Nigeria Ltd.. These partnerships underline Weatherford's robust network within the energy sector, optimizing supply chains for effective oilfield operations.

The diversity of procurement partners demonstrates Weatherford's extensive supply capabilities, from obtaining industrial parts to specialized tools necessary for the energy services sector. The HS Codes associated with their main imports, such as 732690, 731100, and 853690, cover a wide range of products, including fittings, electrical components, and machinery—essential for sustaining operations within the oilfield services industry.

Core Products and HS Codes

Weatherford Energy Services Saudi Arabia Co. Ltd imports and exports a variety of specialized equipment, primarily related to oil and gas extraction technologies. The imported products include:

• Assembly Bearing Running Tool - This product is categorized under HS Code 732690, indicating the complexity and specialized nature of the tools used in the oilfield.
• Electrical Connection Plates and Coils - Classified under HS Code 853690, these components are crucial for managing the extensive electrical requirements typical of high-capacity oil drilling equipment.

Weatherford also exports a significant amount of equipment to regions including Colombia, Mexico, Kazakhstan, and Turkey. The company’s exports consist of:

• Valve Assemblies categorized under HS Code 848180, and
• Coils or Reels listed under HS Code 732690.

These items are critical for maintaining oil well pressure and other drilling operations, demonstrating Weatherford’s expertise in providing comprehensive equipment solutions to diverse energy markets.

Key Buyers and Import Partners

On the buyer's side, Weatherford has strong ties in various regions, supplying products to notable entities such as Weatherford Colombia Ltda., Weatherford de Mexico S de RL de CV, and ARAR Petrol Anonim Sirketi. These buyers represent some of the largest players in their respective countries, further showcasing Weatherford Energy Services Saudi Arabia Co. Ltd as a key contributor to global oilfield technology exchange and an active promoter of international energy trade.

Diverse Trade Footprint and Regional Presence

Weatherford’s export destinations reflect a strategic focus on emerging markets with significant energy potential. The Latin American market (particularly Colombia and Mexico) is of notable importance, reflecting strong demand for oilfield tools and technology. The Kazakhstan and Turkey markets highlight the company's increasing foothold in Central Asia and the Middle East, both crucial energy hubs for the global economy.

In terms of imports, the company sources extensively from Pakistan, Kazakhstan, and Nigeria, indicating a well-balanced strategy aimed at acquiring cost-effective yet high-quality supplies. For instance, products like bearing running tools and extension sections for measuring devices, sourced from these regions, highlight the technical complexity and critical role of each partner in maintaining Weatherford’s operations.

Company Names and Variants in Global Trade Data

One interesting observation from the NBD DATA records involves the variability in how Weatherford Energy Services Saudi Arabia Co. Ltd is represented across different countries' customs data. There are numerous versions of the company's name due to variations or errors in documentation. These variants include:

• WEATHERFORD ENERGY SERVICES SAUDI ARABIA CO LTD. WEATHERFORD FACILITY BASE
• WEATHERFORD ENERGY SERVICES SAUDI ARABIA DHAHRAN

Each of these variations corresponds to documented trade activities in various customs data, and understanding these discrepancies is essential for building a complete picture of the company's trading activities.

Conclusion

Weatherford Energy Services Saudi Arabia Co. Ltd is a pivotal player in the oilfield services industry, boasting a wide array of trade relations spanning multiple continents. Their import and export activities, supported by numerous suppliers and buyers such as WEATHERFORD COLOMBIA LTDA and WEATHERFORD OIL TOOL MIDDLE EAST LIMITED, underline their substantial presence and operational capability in global energy markets.

The strategic combination of technical expertise, global sourcing from suppliers like Kazakhstan and Pakistan, and a robust export network to markets like Mexico and Colombia showcases the company’s adaptability and importance in the energy landscape. For further exploration of their trade activities and partnerships, NBD DATA serves as an indispensable resource, providing critical insights into their global operations and supply chain dynamics.