Edit ModuleShow Tags

Valerus Compression Services Renamed ‘Axip’

Rebranding required by earlier sale of Valerus Field Solutions


Published:

Axip Energy Services is the new name for Valerus Compression Services, which began operating as a stand-alone company on Jan. 3 when Valerus Field Solutions was sold to Kentz Corp. for US$435 million.

Axip will provide contract compression, contract production and processing solutions, fee-based gathering, processing and pipeline solutions, and after-market field services globally. Axip also retains the Command equipment monitoring/control system that was introduced in late 2013.

Axip’s 700 employees include Valerus contract services and aftermarket services personnel plus support services personnel. The current Valerus Compression Services management team will continue with Axip and oversee the transition and growth of the company.

Edit ModuleShow Tags

Archive »Archive »

U.S. Gas Reserves Jumped 10% in 2013

Proved natural gas proved reserves in in the U.S. jumped 31 Tcf (878 x 109 m3) to a record 354 Tcf (10 x 1012 m3) last year, the Energy Information Administration (EIA) has reported.

Holt Cat Expands San Antonio Facility

Holt Cat has completed a US$11 million, 40,000 sq.ft. (3700 m2) heavy equipment service and rebuild facility at its San Antonio, Texas, complex.

GE Centrifugals Set for Canadian LNG Plant

Mexico Finishes First Los Ramones Pipeline

Mexican President Enrique Peña Nieto has inaugurated the first phase of the Los Ramones gas pipeline system in a ceremony at a compressor station near Los Ramones in Nuevo León state.

Shale Surpasses Conventional Gas

The U.S. Energy Information Administration (EIA) has reported that shale gas was the largest source of the record 82 Bcfd (2.3 x 109 m3/day) of U.S. natural gas withdrawals in 2013.