• 24/07/2024 08:25

NAPC added an Irish-American oil production equipment manufacturer to the list of war sponsors

The National Agency for the Prevention of Corruption has included the Irish-American oil production equipment manufacturer Weatherford International, which continues to operate in Russia and maintain its production facilities there, on its list of international war sponsors. This was reported by NAPC.

NAPC added an Irish-American manufacturer of oil production equipment to the list of war sponsors

► Read the Ministry of Finance on Instagram: the main news about investments and finance

Business in Russia

Weatherford International, which also specializes in providing services to oil and gas enterprises, operates in Russia 16 years, created more than 2.5 thousand jobs there and maintains service enterprises, bases and mechanical engineering enterprises on the territory of the Russian Federation.

In Russia, Weatherford is represented through Weatherford Holdings (Rus) LLC, Weatherford LLC and Weatherfort Business Service LLC. In 2022, they together paid taxes to the Russian budget for more than $15 million.

Rosneft remains the main customer of Weatherford’s services in Russia.

In the period from February 24, 2022 to December 31, 2023, the company imported goods to Russia for almost $1.5 million, including materials and spare parts for the oil and gas industry (fittings, valves, shafts, gaskets, plastic products, bearings).< /p>

Weatherford intends to continue to fulfill existing contracts and enter into new contracts with customers in Russia; in its reporting, the company promised to fulfill contractual obligations taking into account international sanctions.

The company has successfully rebuilt equipment supply channels after the imposition of civilized world of sanctions on the Russian Federation, replacing suppliers with Russian or other foreign companies. This demonstrates not only the company’s economic and technological support for the aggressor, but also ideological support, the NAPC emphasized.

minfin.com.ua

Leave a Reply

Your email address will not be published. Required fields are marked *