Lex Company

Lex is an international oilfield technology company founded in 2016 that focuses on transforming artificial lift systems for the modern energy sector. The company designs and deploys ultra-high-speed electric submersible pump (UHS ESP) technologies engineered to increase oil well productivity, enhance operational reliability, and lower environmental impact. Leveraging aerospace-inspired engineering innovations, Lex provides customized solutions for complex onshore and offshore wells, including remote monitoring, automated production management, and rigless deployment systems. Its technology is used across operational oil fields in Europe, Central Africa, Southeast Asia, and North America. The company also emphasizes sustainability by helping operators reduce carbon emissions and energy overconsumption while improving overall production efficiency.

Total Funding: 4500000
Founded Date: 2015-01-01
Industry: Energy Efficiency Platforms
Employee Number: 51-100
Last Funding Date: 2022-06-01
Funding Status: private
Headquarters: Dubai
Super Industry: Energy and Resources
Last Funding Total Value: 4500000
Country: United Arab Emirates
City: Dubai
Founders: Anton Shakirov