Transparency Act Statement
The Transparency Act requires organizations to provide information to the public and imposes an obligation to uphold human rights and decent working conditions in accordance with OECD Guidelines. It recognizes the importance of transparency and accountability in maintaining these values within organizations.
The Act first came into force in 2022 and applies to larger Norwegian-based enterprises that offer goods and services domestically and internationally, along with foreign enterprises that are subjected to the Norwegian tax law.
About InflowControl
InflowControl AS is a Norwegian based technology company delivering comprehensive knowledge and solutions for reservoir management. InflowControl is improving the efficiency of oil recovery and production while simultaneously reducing the industry’s environment impact. The company’s vision since 2011 has been to change the oil industry to become more sustainable and cost-efficient, with a mission to make better wells that produce more oil with less water and gas.
InflowControl have three subsidiaries located in the United States, the United Kingdom, and Canada with offices in nine locations: Malaysia, the US, Canada, UAE, Oman, Saudi Arabia, Colombia, UK, and Norway, where the headquarters are located. The company employs a total of fifty-nine people globally; of which twenty-one are women.
Built on the principles of integrity, agility, collaboration, and passion, InflowControl strives to conduct itself with honesty, transparency, and fairness in all of its endeavors. The team challenges the status quo with an open mind and agile approach to adapt and innovate to find the best solutions. Collaboration is central to everything the company does, both internally and externally. Working in partnership with clients, partners and colleagues is important to achieve more, and passion and drive are what helps InflowControl succeed in a competitive market.
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