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Archive of: Compressor News

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November 2014

Exterran Spins Off Foreign, Fabrication Ops

Exterran Holdings Inc. is separating its international contract operations, international aftermarket services and global fabrication businesses into a standalone, publicly traded company (SpinCo), resulting in two independent companies.

GE Technology For Floating LNG Facility November 2014

GE Technology For Floating LNG Facility

GE Oil & Gas will supply a gas turbine-driven compressor train and mechanical drive technology to Malaysia’s national oil and gas company, Petronas, for a second floating liquefied natural gas (FLNG) facility being developed off the coast of East Malaysia.

November 2014

Rexnord To Acquire Euroflex

Rexnord Power Transmission (RXN) has entered into a definitive agreement to acquire Euroflex Transmissions (India) Pvt. Ltd.

November 2014

T.F. Hudgins Acquires Jamison Products

T.F. Hudgins Inc. has completed the acquisition of Jamison Products, a Houston, Texas-based provider of engineered pipeline and filtration products.

November 2014

MSHS Opens New Orleans Engine Service Facility

Motor-Services Hugo Stamp Inc. (MSHS) has expanded its service facility in New Orleans, Louisiana.

November 2014

Compressco Notes 85% Fleet Utilization

Compressco Partners said its fleet utilization rate was 85% in the third-quarter, sustained by production from the shale plays.

November 2014

GE to Expand Lufkin Foundry

GE Oil & Gas will spend US$60 million to expand and modernize a Lufkin, Texas, foundry that makes iron castings used in pump and power transmission equipment.

Dean Glover Joins Miratech As CEO November 2014

Dean Glover Joins Miratech As CEO

Kevin O’Sullivan has moved from president and CEO to chairman of Miratech Group, and Dean Glover has been named CEO.

November 2014

Exterran’s Fabrication Backlog Grows

Exterran Holdings Inc. has reported that its fabrication backlog grew to US$840 million on Sept. 30, compared to US$818 million on June 30 and US$619 million on Sept. 30, 2013.

November 2014

Acquisition Of GEA Finalized

After receiving the required approvals, Triton has legally finalized its acquisition of GEA Heat Exchangers as part of a so-called closing procedure.

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