Weatherford has “largely completed” Zubair Project

By John Lee.

In its First Quarter 2016 Results, oil services company Weatherford said that it has now largely completed its Zubair project in Iraq.

Net cash expenditure on the project to date amounts to $47 million.

Shares in Weatherford have fallen by almost 30 percent since the results announcement.

(Source: Weatherford, Yahoo!)

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