Thanks to a Slick Move, Houston-based Weatherford Keeps Drilling in Sudan
Oil is slick stuff. The oil business can be even slicker. And within the industry, Houston-based Weatherford International may be the slipperiest of all.
But apparently Weatherford has found a loophole. Company representatives say the Sudan operation reports directly and exclusively to its foreign subsidiary in Dubai, thereby skirting around the prohibitions.
Forget all the moral and ethical implications, let alone the spirit of US law. Weatherford is a public company, responsible for turning a profit. And apparently they’ll do anything to live up to that responsibility. – Chris Vogel