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Levare International Debuts at ADIPEC 2024 showcasing Advanced Artificial Lift Solutions
November 7, 2024
Dubai, UAE — November 7, 2024 — Levare International Limited, one of the market leaders in artificial lift technology, made its debut with a dedicated booth at ADIPEC 2024, the world-renowned energy industry event held annually in Abu Dhabi. This marked the company’s first appearance as an independent exhibitor, showcasing its cutting-edge solutions designed to transform energy production and efficiency within the oil, gas, and geothermal sectors.
At the event, Levare featured its pioneering technologies, including the latest advancements in electric submersible pumps (ESP), permanent magnet motors (PMM), electric submersible progressing cavity pump systems (ESPCP) and horizontal pump systems (HPS) for surface fluid transportation. The Levare team engaged with industry leaders, partners, and potential clients, offering hands-on demonstrations and technical insights that highlighted the company's innovative approach to artificial lift and energy solutions.
Levare’s participation at ADIPEC 2024 comes as the company expands its presence in the global market, specifically the Middle East. Supported by a dedicated team across manufacturing, repair, and service centers worldwide, Levare is advancing its technologies to improve operational efficiency and environmental sustainability towards energy production.
The four-day ADIPEC event provided Levare with valuable opportunities to connect with other industry innovators, align with new industry standards, and explore collaboration opportunities that drive the future of energy.
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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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.