The invention which relates to a protection coating for petroleum equipment and a construction method thereof belongs to the technical field of chemical engineering coatings. The protection coating comprises, by mass, 70-99% of polyaryletherketone, 1-30% of a fluororesin, and 0-6% of an inorganic filler. The construction method comprises the following steps: 1, sand-blasting the surface of a workpiece; 2, spraying a powdery pure polyaryletherketone coating on the surface of the workpiece by utilizing an electrostatic spraying technology; 3, placing the workpiece in an oven to fuse the powdery pure polyaryletherketone coating; 4, spraying a powdery composite polyaryletherketone coating while hot by utilizing the electrostatic spraying technology, and fusing the powdery composite polyaryletherketone coating; and 5, cooling to 220-300DEG C, maintaining the temperature for 30-90min, and cooling to room temperature. According to the invention, the process flow can be reasonably controlled, and the operation is simple; and the obtained coating layer has the advantages of strong adhesion force, and excellent resistance, abrasion resistance and non-stick performance, so the service life of the petroleum equipment can be increased, thereby the oil extraction cost reduction purpose is reached.