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Sigma Enterprises and Levare International Forge Strategic Partnership with ADNOC to Shape UAE’s Energy Future
November 5, 2024
Abu Dhabi, UAE – At this year’s ADIPEC exhibition, Sigma Enterprises (part of Mazrui Energy Services) and Levare International Limited announced a strategic partnership with ADNOC. Through the signing of the Strategic Partnership Agreement (ESP UAE), this collaboration aims to deliver advanced solutions for production optimization and contribute to the UAE’s 2030 vision for energy efficiency and sustainability.
Leadership Representation
The partnership was formalized with the presence of key representatives:
Sigma Enterprises Company LLC:
- Olaf Grimm, General Manager of Sigma;
- Danny Fournel, Director of Mazrui Energy Services;
- Mohammed Mazrui, Shareholder of Mazrui International;
- Tox Udolisa, Technology & Service Manager of Sigma;
- Gurmeet Singh Sodhi, Business Unit Manager of Sigma.
Levare International Limited:
- Vladislav Kondratiev, EVP of Business Development;
- Kyle Chapman, EVP of Global Operations;
- Paddy Clanwilliam, Advisor to the Board;
- Wesam Al-Heureithi, Director of Business Development.
Driving Innovation and Sustainability
The partnership will prioritize several strategic goals to drive impactful results in the UAE’s energy sector:
- Expanding engagement in future ESP (Electric Submersible Pump) projects
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Introducing cutting-edge technologies tailored to the needs of UAE clients
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Supporting ADNOC’s production optimization strategies
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Contributing to the UAE’s drive for energy efficiency and sustainable development as outlined in its 2030 vision
By leveraging the combined expertise of Sigma Enterprises and Levare International, alongside ADNOC’s leadership in the energy sector, this partnership represents a significant step toward reshaping the future of energy in the UAE. The collaboration reflects a shared commitment to innovation, sustainability, and delivering measurable value for the nation’s energy ambitions.
For more information about Sigma Enterprises, please visit https://sigmaoilfield.ae.
About Sigma Enterprises Company: Sigma Enterprises Company, established in Abu Dhabi in 1990 and part of Mazrui Energy Services, is a prominent commercial partner in the Middle East's energy industry. The company offers a wide selection of products and services, including advanced oilfield equipment, clean energy solutions, and digitalization technologies. With over 30 years of experience, Sigma leverages strong partnerships with world-renowned energy service providers to deliver exceptional operational support to its clients across the UAE region, driving them towards operational excellence.
| INVESTOR RELATIONS CONTACT:
Olaf Grimm, General Manager Sigma Enterprises Company LLC +971 56 5089037 olaf.grimm@sigma.ae |
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About Levare International Limited: 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.
| PUBLIC RELATIONS CONTACT:
Robert Navo Levare International Limited pr@levare.com |
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INVESTOR RELATIONS CONTACT:
Michelle Pham Levare International Limited Investor.relations@levare.com |
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Levare International Limited opens Mexico facility expanding global reach
Levare International Debuts at ADIPEC 2024 showcasing Advanced Artificial Lift Solutions
Pete Miller – Rebrand Q&A
1. What was the rationale behind the rebrand to Levare International?
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.
2. Why did you choose the name Levare?
“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.
3. What differentiates Levare International from its competitors? And, has the rebrand changed that in any way?
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.
4. What changes will your existing customers see? For example, new name, new logo, but other than that…business as usual?
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.
5. What benefit(s) will the new Monterrey, Mexico manufacturing facility provide your customers?
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.
6. As a thought leader in the industry, how is Levare investing in product development, as well as keeping an eye on sustainability?
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.