CANRAN Technology/Investments Ltd. was established in 1983 in Alberta, Canada. The primary goal was to offer the services of the Canadian Oilfield Resource Sector in introducing state-of-the-art engineering, equipment, expert services and support of CANRAN's associate manufacturing/service and oil & gas producing companies to the Middle East and C.I.S. countries.

In the last three decades, CANRAN has achieved its goals and expanded its resources to North America, European and Far Eastern countries.