Oilflow Solutions Announces Marketing Agreement with M-I SWACO in South America

CALGARY, June 19, 2012 /CNW/ - Oilflow Solutions (Oilflow) announced today that it has entered into a regional product supply agreement with M-I SWACO, a Schlumberger company, to market its Proflux technology for the mobilization of heavy oil in well and pipeline applications.

The agreement provides M-I SWACO exclusive distribution of Oilflow's unique, patented chemistry in Venezuela, Colombia and the Caribbean countries. "The addition of Proflux to our portfolio of production technologies gives our customers access to economical, safe and environmentally friendly chemistry for the treatment of their wells and pipelines in the heavy oil environment," said Larry Greenblatt, director, Production Technologies, Latin America, M-I SWACO.

The agreement formalizes Oilflow's venture into international markets beyond Western Canada.

"This is a tremendous achievement for our company and a remarkable opportunity for Oilflow to continue its growth in supporting the industry with this unique technology," says Fred Meyer, Oilflow CEO.  "By combining our Proflux technology with M-I SWACO's vast global infrastructure we have an opportunity to rapidly introduce this technology while better serving customers involved with the production of heavy oil."

About Oilflow Solutions:

Oilflow Solutions Inc. helps customers enhance heavy oil production by resolving viscosity-related issues in wells, reservoirs and pipelines. Headquartered in downtown Calgary with a dedicated research and development facility, Oilflow Solutions also has operating bases throughout Western Canada.

SOURCE Oilflow Solutions

For further information:

Terence Leung, Marketing Analyst
(403) 512-6224
tleung@oilflowsolutions.com 
www.oilflowsolutions.com

Fred Meyer, CEO
(403) 703-2430
fmeyer@oilflowsolutions.com
www.oilflowsolutions.com

Profil de l'entreprise

Oilflow Solutions

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.