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 »

Schlumberger To Acquire Cameron

Schlumberger and Cameron have jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction.

Siemens Supplying 10 Compressor Trains For LNG Project

Siemens has received a contract to supply the first 10 compressor trains for an LNG project in the United States. The customer, Mangolia LNG, is developing the mid-scale LNG facility on 115 acres of land in the Port of Lake Charles, Louisiana.

Compressor Station Reaches Full Capacity

A new gas-lift compressor station in the shallow area of the Guneshli field in the Azerbaijani sector of the Caspian Sea reached full capacity in mid-August.

EIA: Natural Gas Price Dip, Storage Jumps

Natural gas prices dropped at most market locations across the country during the Aug. 12 to Aug. 19 report week, according to the U.S. Energy Information Administration (EIA).

GE Takes To The Cloud

GE is set to enter the cloud services market with Predix Cloud, a cloud platform designed for industrial data and analytics.