NACP NACP
A-
A
A+
A
A
Звичайна версія сайту

Weatherford International added to the list of international sponsors of war : the company continues to strengthen Russia`s oil extraction industry

15.02.2024
ФФФФФФФФФФФ

The oil industry remains strategically important for Russia, as it allows the country to use energy as a weapon and influence other states. Although sanctions have been imposed on Russia in this area, the Irish-American company Weatherford International continues to operate in Russia, paying millions of dollars in taxes there and providing technological capabilities to the aggressor country in the oil industry. This was the reason for adding the company to the list of international sponsors of war.

Weatherford International specializes in the manufacture and supply of oilfield equipment and services to oil and gas companies. The company has been operating in Russia for 16 years, has created more than 2.5 thousand jobs there and maintains service facilities, bases and engineering enterprises in Russia. 

Weatherford is represented in Russia through Weatherford Holdings (Rus) LLC, Weatherford LLC and Weatherford Business Service LLC. In 2022, they paid more than USD 15 million in taxes to the aggressor's budget. 

Among Weatherford's partners in Russia is the notorious Rosneft oil company, which remains the main customer for its services.

The company also continues to be an active participant in import and export operations with Russia. In the period from February 24, 2022 to December 31, 2023, it imported goods to Russia for almost USD 1.5 million. Among them: materials and spare parts for the oil and gas industry (fittings, valves, shafts, gaskets, plastic products, bearings).

Weatherford has a clear intention to continue to fulfill existing contracts and sign new contracts with customers in Russia.

In its reporting, Weatherford promised to fulfill its contractual obligations, taking into account international sanctions. The company successfully rebuilt its equipment supply channels after the civilized world imposed sanctions on Russia, replacing suppliers with Russian or other foreign companies. This demonstrates not only the company's economic and technological support for the aggressor, but also its ideological support.The NACP is the body responsible for promoting the development of a compliance system in the private sector. During compliance procedures, counterparties are subject to integrity checks, including compliance with socially responsible business practices in accordance with OECD standards. The list of "International Sponsors of War" on the War and Sanctions portal is a powerful reputational tool for achieving integrity of supply chains in the international dimension, withdrawal of international business from Russia, and thus reducing the financial and technological capacity of the terrorist country to kill Ukrainians. One of the platform's "levers of pressure" is cooperation with the World-Check database, which is used by banks and insurance companies to assess risks. That is why for global companies the consequences of being on the list are worse than continuing to do business with the aggressor country.

Latest News

10.07.2025
08:45
Ukraine has demonstrated significant progress in preventing and combating corruption - results of the 5th round of evaluation under the OECD Istanbul Anti-Corruption Action Plan
09.07.2025
18:45
Conflict of interest: protocols, substantiated conclusions and orders for June 2025
16:00
Full audits of declarations: case against the village heads of Khotianivka and Oseshchyna in the Vyshhorod City Council for false declarations referred to court
07.07.2025
15:32
Ukraine and Poland deepen cooperation in the field of corruption prevention: Memorandum signed between NACP and CBA
04.07.2025
16:10
Lifestyle monitoring: top official of the State Enterprise ‘Forests of Ukraine’ suspected of illegal enrichment and declaring false information
03.07.2025
15:45
NACP and WWF strengthen partnership for systematic anti-corruption efforts in natural resource management
15:30
Lifestyle monitoring: over UAH 5 million to be confiscated for the state budget from an official of the State Migration Service, following a decision by the Appeals Chamber of the High Anti-Corruption Court
12:15
NACP, the Defence Procurement Agency and the State Logistics Operator presented progress in implementing transparency, integrity and accountability mechanisms in defence procurement
02.07.2025
12:45
Full audits of declarations: former deputy of the Kharkiv Regional Council notified of suspicion of false declarations based on NACP materials
11:00
NACP launched an updated version of the POLITDATA 2.0 register
01.07.2025
16:33
Full audits of declarations: The State Bureau of Investigation has notified the former deputy head of the Khmelnytskyi Regional Prosecutor's Office of suspicion of declaring false information
27.06.2025
16:45
Lifestyle monitoring: former deputy head of the Supreme Economic Court of Ukraine suspected of illegal enrichment
15:00
The Government, NACP and implementing agencies discussed progress and challenges in implementing the State Anti-Corruption Programme by the end of 2025
26.06.2025
17:30
Full audits of declarations: indictment against an official of the State Service of Ukraine for Geodesy, Cartography and Cadastre in the Kyiv region referred to court
15:15
Full audits of declarations: former deputy mayor of Dnipro informed of suspicion of illegal enrichment and false declarations
25.06.2025
18:00
Full audits of declarations: former member of the village council in Sumy region charged with criminal liability for false statements in his declaration
16:30
NACP, together with the OECD, held bilateral consultations engaging more than 40 state institutions within the fifth round of monitoring in Ukraine
24.06.2025
12:09
Civil forfeiture: Based on NACP materials, the High Anti-Corruption Court has confiscated over UAH 8.5 million from a couple of customs officers and their son, a district council official, in favour of the state.
23.06.2025
19:30
UAH 7.8 million will be confiscated from a Kharkiv police officer and transferred to the state budget based on NACP materials: decision of the Appeals Chamber of the High Anti-Corruption Court
15:10
How the NACP protects whistleblowers: Legal guarantees and practice
Чат-бот Telegram
contact center
Чат-бот Telegram
Contacts
+38 (044) 200-06-94 info@nazk.gov.ua
працює з 9:00 до 18:00
Технічна підтримка
support@nazk.gov.ua