Alkhorayef Petroleum Company acquires GRC Technologies

Saudi Arabia-headquartered Alkhorayef Petroleum Company (APC), a global leader in artificial lift solutions, has acquired GRC Technologies LLC, supplier of precision downhole gauges and well instrumentation

With the acquisition, APC now adds ESP sensors to its range — which includes ESP pumps, motors, protectors, intakes, gas handling devices and surface electrical equipment — strengthening its position as a global end-to-end ESP solutions provider.

GRC Technologies will deliver accurate and reliable data, analytics and scalable digital intelligence, helping customers to optimise performance and extend asset life and opening the path to autonomous operations, where data-driven insights evolve into predictive, autonomous field optimisation. By combining the research and development strengths of both APC and GRC Technologies, the integration of artificial intelligence into artificial lift optimisation can be significantly advanced.

“GRC has been a quiet powerhouse in the ESP industry for a century. By joining the APC family, we are expanding our capability, closing the physics gap and positioning ourselves to deliver greater innovation and reliability for our customers,” said Mohamed Doghmi, president, Alkhorayef Petroleum Company.

“For over 100 years, GRC has set the standard for gauge reliability in the world’s most challenging wells. With APC’s resources and support, we will remain the trusted independent supplier our customers rely on, while accelerating our journey from gauges to intelligence — and ultimately from knowledge to autonomy,” said William Milne, senior director, GRC Technologies.