InflowControl and partner Accell are proud to announce the recent award of a Corporate Purchasing Agreement (CPA) by Aramco

The CPA awarded to Accell enables Aramco to efficiently procure InflowControl’s patented AICV® technology to support the reduction of unwanted water and increase of net-oil from their onshore and offshore wells.

Dr. Vidar Mathiesen, CEO of InflowControl states: “It has been over 12 years since we began our journey with Aramco, and more than 9 years since our first well was installed in The Kingdom. We are grateful to Aramco for establishing this CPA to accelerate the procurement process which will enable us to supply equipment for the assets faster. Our technology has evolved significantly over the past 10 years, and we have Autonomous Inflow Control Valves suitable for nearly all assets in Aramco’s portfolio. We look forward to continuing to support Aramco over the next 10 years and want to thank them for their trust and support."

CEO of Accell, Hatem Balghoneim states: “This agreement not only strengthens our partnership with Aramco but also highlights our commitment to delivering advanced technologies that enhance oil recovery and operational efficiency. InflowControl's innovative solutions have consistently proven their capabilities, allowing us to tackle complex challenges effectively. We are excited to be part of this journey and look forward to a fruitful collaboration that drives innovation and sustainability in the energy sector”.