BAKU, Azerbaijan, October 28. Weatherford
International plc has received approval from Ireland’s High Court
to move its legal domicile from Ireland to the U.S. state of
Delaware, with the transition expected to be completed on November
13, 2026.
According to the company announcement, the redomiciliation will
make Weatherford International Corp., a Delaware corporation, the
publicly traded parent company of the energy services group,
subject to the satisfaction of customary closing conditions.
The company said the move would not affect its operations,
management, business strategy or headquarters. Its shares are
expected to remain listed on the Nasdaq Global Select Market under
the ticker symbol WFRD.
Weatherford said further details of the redomestication are
available in its filings with the U.S. Securities and Exchange
Commission.
Weatherford International is a major global energy
services company headquartered in Houston, Texas, that provides
equipment and technologies across the full well lifecycle for oil,
gas and geothermal operations in around 75 countries. Founded in
1941, the company employs roughly 16,700 people and operates
through 3 main segments: Drilling and Evaluation, Well Construction
and Completions, and Production and Intervention. It maintains more
than 300 locations worldwide, including manufacturing, R&D, and
service facilities, and ranks among the leading providers of
specialized oilfield services and digital solutions for optimizing
well performance and reducing operational risk.
