Name

Levare

Legal name

Levare International Limited

Website

https://levare.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Oilfield Artificial Lift Equipment

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Pump and Compressor Manufacturing (33391), Fluid Power Pump and Motor Manufacturing (333996), Measuring, Dispensing, and Other Pumping Equipment Manufacturing (333914)

SIC

Oil & Gas Field Machinery & Equipment (3533), Pumps & Pumping Equipment (3561), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Artificial lift systems
• Electric submersible pumps
• Permanent magnet motors
• Horizontal pump systems
• Oilfield production equipment

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Others

Revenue model

1. ESP Systems and Components: Sale of electric submersible pumps including pumps, motors, seals, gas handling devices, downhole sensors, and power cables. Components sold as complete systems or individual replacement parts for maintenance and repair operations.
2. Horizontal Pump Systems (HPS): Surface pumping solutions for injection, lift, and transfer applications including modular horizontal centrifugal pump systems sold for various industrial and energy applications.
3. Field Service and Support: 24/7 technical field service, maintenance programs, and site-ready delivery of all units. Includes installation, monitoring, and optimization services.
4. Permanent Magnet Motors: Sale of PMM technology including downhole motors for ESP and PCP applications. Over 22,000 PMM installations representing significant revenue stream.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Levare manufactures and supplies artificial lift equipment for oil and gas extraction, including Electric Submersible Pump (ESP) systems, Permanent Magnet Motor (PMM) Progressive Cavity Pumps, Horizontal Pump Systems (HPS), Variable Speed Drives, power cables, and downhole sensors. The company also offers field-proprietary engineering design software (ProLift), real-time monitoring systems (RTS Alert), 24/7 well surveillance, and field service and production optimization to operators worldwide.

Product overview

Levare offers a vertically integrated portfolio of artificial lift products and services for the oil, gas, geothermal, and water industries. The core product lines include ESP Systems, Horizontal Pump Systems (HPS), Power Cable, Downhole Sensors, Variable Speed Drives (VSD), and PMM PCP Systems. These are complemented by specialized sub-brands: TerraGenix for mine dewatering, AquaGenix for potable water production, and ThermaGenix for geothermal applications. Software offerings include ProLift engineering design software and RTS Alert monitoring system. The company pioneered permanent magnet motor technology for ESP applications, deploying over 22,000 PMM units globally. The product architecture combines modular components (pumps, motors, seals, sensors, cables, drives) that can be configured for diverse applications from conventional oil production to SAGD, geothermal, and water management.

Differentiator

Problem solved

Functional benefit

Brands

• AquaGenix: Potable water pump system line featuring NSF-61 certified ESP and HPS solutions for water production applications, delivering up to 2,350 GPM with permanent magnet motors reducing energy consumption by up to 20%.
• TerraGenix
• ThermaGenix
• ProLift
• RTS Alert

Products and services

• ESP Systems Electric Submersible Pump systems for oil production, available in multiple series (272, 338, 400, 538, 675, 1100) covering flow rates from 500 to 80,000 bpd with compression and floater pump configurations. Used by oil and gas operators globally.
• Horizontal Pump Systems (HPS) Multistage horizontal centrifugal pump systems for surface pumping applications including fluid injection, lift, and transfer. Standard flow offering of 1,050-46,000 bpd with power up to 2,000 HP for industrial and energy operators.
• Power Cable ESP power cables in round and flat profiles including SL-212, SL-285, SL-450 series with temperature ratings from 212°F to 450°F for artificial lift systems. Manufacturing capacity of approximately 10,000 km annually.
• Downhole Sensors (ViewPoint II/SPTX) Next-generation downhole gauge system providing real-time monitoring of intake pressure/temperature, motor temperature, vibration, current leakage, and optional discharge pressure for ESP installations.
• Variable Speed Drives (VSD) Precision surface control systems for induction and permanent magnet motors including Axiom II, Intellek, and Model-15 VSDs with advanced control algorithms such as gas lock ride thru, current limit, and pump unfreeze functions.
• PMM PCP Systems Permanent Magnet Motor driven Electric Submersible Progressing Cavity Pump systems eliminating rod components, handling up to 50% free gas and 0.6 g/l solids. Speed range of 100-1,500 rpm and torque up to 1,670 lb-ft.
• ProLift Engineering Software Web-based ESP design software enabling collaboration between Levare engineers and customers for artificial lift design projects with comprehensive equipment catalog and PDF report generation.
• RTS Alert System Continuous deployment monitoring system for ESP installation and retrieval operations that acquires downhole and surface measurement data and helps reduce personnel exposure to PMM-related electric shock hazards.
• TerraGenix Rugged duty electric submersible pumping systems and horizontal pumps for mine dewatering applications, featuring robust construction with tungsten carbide bearings and modular design.
• AquaGenix NSF-61 certified ESP and HPS solutions engineered for potable water production applications, powered by permanent magnet motors reducing energy consumption by up to 20%, delivering up to 2,350 GPM.
• ThermaGenix Geothermal-specific ESP systems and HPS for hot thermal water production from deep geothermal wells, capable of operating in bottom-hole temperatures up to 250°C with permanent magnet motors delivering up to 20% energy savings.
• LESP System Linear Electrical Submersible Pump system with Linear Permanent Magnet Motor eliminating rod components for improved efficiency and reliability in low-production wells.
• Slimline ESP System Ultra-slim ESP solutions (272/319 series) designed for restricted spaces including 3.46 inch casings and 4.5 inch applications for unconventional oil production.
• Project Helios (SAGD Systems) ESP systems for Steam Assisted Gravity Drainage (SAGD) with 300°C operating temperature rating, featuring compression Ni-Resist pumps and metal bellow motor seals with diamond-coated friction surfaces.
• Field Service and Production Optimization 24/7 technical field service, maintenance programs, installation, monitoring, and production optimization services delivered by Levare experts for artificial lift installations.

Quantifiable outcome

• 214-274% improvement in run life for ESPCP systems vs conventional PCP in Colombian field testing
• +8 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Sigma Enterprises (Mazrui Energy Services)coreStrategic or Co-development Partner · 5 November 2024Strategic partnership formalized at ADIPEC 2024 with Sigma Enterprises and ADNOC through a Strategic Partnership Agreement (ESP UAE). Collaboration aims to deliver advanced solutions for production optimization and contribute to UAE's 2030 vision for energy efficiency and sustainability. Key Levare representatives include Vladislav Kondratiev (EVP Business Development) and Kyle Chapman (EVP Global Operations).

Scale indicators14 records

Recent moves11 records

Expansion highlights4 records

Broad incumbents

• Halliburton: Diversified oilfield services provider with ESP and artificial lift capabilities as part of its Completion and Production Solutions, competing with Levare for ESP contracts with national oil companies and IOCs.
• Schlumberger (SLB): World's largest oilfield services company; competes with Levare through its REDA ESP systems and broader Production segment, with global reach and bundled offerings across drilling, completions, and digital.
• Baker Hughes: Major oilfield services incumbent whose Centrilift brand is one of the longest-established ESP lines globally, directly overlapping with Levare's ESP, PCP and artificial lift portfolio across conventional and unconventional wells.
• Flowserve: Global manufacturer of pumps, valves, and seals serving oil & gas, power, water and chemical markets; relevant comparable for Levare's HPS, ESP components, and broader industrial pump portfolio.
• Weatherford International: Oilfield services and equipment provider with a meaningful ESP and artificial lift franchise and a strong footprint in the Middle East and Latin America where Levare also competes; multiple Levare executives previously held senior roles at Weatherford.
• Sulzer: Swiss industrial pump and rotating equipment manufacturer with applications across oil & gas, water, and general industry; competes with Levare's HPS line and offers broader pump aftermarket services.

Direct peers

• PCM Group: Industrial pumps and ESP manufacturer serving upstream oil and gas with motor-driven pumping systems comparable to Levare's ESP and HPS offerings, particularly in Europe and the Middle East.
• Novomet: Russian-headquartered manufacturer of ESPs and permanent magnet motor systems for oil production, with overlapping technology, customer base, and end markets with Levare.
• Borets: Original parent of Borets International (now Levare), Borets is a global manufacturer of ESPs and PMM systems, particularly strong in Russia and the CIS, making it the closest direct competitor in core ESP and PMM technology.

Emerging players

• Canadian Advanced ESP: Smaller North American-focused ESP manufacturer targeting unconventional shale plays with technology and customer overlap in the Permian and other tight oil basins where Levare competes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/levare-international-limited

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Levare