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 »

GE Breaks Ground On Welland Facility

GE has started constructing its multimodal facility in Welland, Ontario, Canada.

Roberto Chellini

It is with great sadness that we report the passing of Roberto Chellini recently in Florence, Italy. He was 82 years old.

Nat Gas Output Expected To Grow 62%

Worldwide natural gas production is expected to increase 62% by 2040, according to the U.S. Energy Information Administration’s (EIA’s) International Energy Outlook 2016 and Annual Energy Outlook 2016.

Capstone Puts Its Signature On New Order

Capstone Turbine Corp. received an order for two Signature Series microturbines (the C1000S and C600S) for an oil and gas platform off the California coast.

A New Way For Bently

New Way Air Bearings has acquired the assets of Bently Pressurized Bearing Co., Minden, Nevada.