Compressco Partners said its fleet utilization rate was 85% in the third-quarter, sustained by production from the shale plays.
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.
Kevin O’Sullivan has moved from president and CEO to chairman of Miratech Group, and Dean Glover has been named CEO.
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.
After receiving the required approvals, Triton has legally finalized its acquisition of GEA Heat Exchangers as part of a so-called closing procedure.
Rolls-Royce said BG Group has selected the Trent 60 DLE industrial gas turbine as the driver for the main refrigeration compressors in the proposed Lake Charles LNG Export project in Louisiana.
The Energy Information Administration (EIA) says exports of liquefied natural gas (LNG) from the United States inevitably would increase natural gas prices for domestic consumers.
Uwe Lauber has been named chairman of the executive board of MAN Diesel & Turbo.