April 30, 2024
Levare International Limited a leading provider of oilfield services, is pleased to announce significant additions to its executive team, reinforcing our commitment to excellence and innovation in the industry.
After significant years of leadership, Irina Boeva, our Chief Operating Officer, has decided to step down from her role. We extend our sincerest gratitude to her for her invaluable contributions to our company's growth and success.
In light of this transition, we are delighted to welcome two highly accomplished individuals to our executive team:
These appointments mark a significant expansion of our leadership team, which already includes our EVP – Business Development & Technology, Chief Legal Officer, Chief Financial Officer, Chief Technology Officer, and Director of Engineering. Together, this dynamic team will spearhead our efforts to deliver innovative solutions and unparalleled service to our clients and partners.
We express our deepest appreciation to Irina for her leadership and dedication throughout her tenure. We are confident that under the guidance of our new executives, Levare will continue to thrive and uphold its reputation as an industry leader.
Please join us in congratulating Irina Boeva on her remarkable career achievements and in welcoming Kyle Chapman and Ondrej Markovic to our executive team.
- Pete Miller, CEO and Chairman
For details of the Levare Executive Management Team please click here.
Levare International Limited (Levare), headquartered in Dubai, UAE, is a market leader in artificial lift engineering, manufacturing, sales, and servicing of electric submersible pumps (ESP), permanent magnet motors (PMM) and horizontal pump systems (HPS). A pioneer in engineering innovation, Levare develops the most advanced technologies for energy-producing companies, taking care to focus on efficiency and environmental impact. Our electrically-driven technology, comprehensive service capabilities, and global expertise assists customers to produce more oil or transfer more surface fluids by the most cost-effective means. Levare has more than 1000+ employees, strategically located in two manufacturing centers, 10 manufacturing and repair centers, and four service centers. Visit www.levare.com to learn more.
The company has grown and evolved, it has undergone restructuring to reach an exciting juncture where the international business is a distinct and separate division. Hence, restructuring, renaming and rebranding of the company to Levare International Limited will better align with the forward-thinking mindset of who we are today, and reflect the growing portfolio of artificial lift solutions offered to our global clients within the oil & gas producing industry and beyond.
“Levare”, meaning ‘lift’ in Latin, embodies the Company’s strategic blueprint for growth, the Company’s vision of natural resource inclusion, and its commitment to uplifting its employees, customers and other stakeholders to a culture of innovation, investment and diversification.
As a client-focused organization with an engineering mindset, we listen to our clients and respond to their changing needs within the technically challenged landscape they operate. The breadth of offerings that our team of industry experts provides to our clients, from sustainable technologies like the permanent magnet motor, to the strategically located facilities throughout the world, is continuing to grow every day through organic evolution, innovation, and manufacturing bandwidth.
Our customers will see business as usual. While they will see a new name, new logo, new website, there will be zero contractual changes to how we do business with our customers. The product quality and customer satisfaction, as well as the values of transparency, versatility, inclusion and reliability will remain intact, but with an intentional approach on trust and transformation.
The new facility allows Levare to have a secure and independent supply chain as we expand our business into the green Geothermal sector, as well as the Mining and Industrial markets.
As the industry’s leader in ESP permanent magnet motors, our vision is to expand this technology that offers lower OPEX and reduced carbon emissions further into the O&G market and expand its value into the Geothermal, Mining and Municipal markets.