Edit ModuleShow Tags

GE Acquiring Camerons Recip Division


Published:

Cameron has agreed to sell its reciprocating compression division to GE Oil & Gas for US$550 million and, at press time, was considering the sale of its centrifugal compression business.

The company’s recip business provides reciprocating compression equipment and aftermarket parts and services for oil and gas production, gas processing, gas distribution and independent power industries.

The division, which generated sales of about US$355 million in 2012, has 900 employees and operates from 20 global locations. If U.S. regulatory agencies approve, the acquisition is expected to close during the third quarter.

Read the full story in the March Issue of COMPRESSORtech2!

Updated: GE Finalizes Camerons Recip Purchase

Edit ModuleShow Tags

Archive »Archive »

MTU Maintenance Extends Statoil Contract

MTU Maintenance has extended its contract with Norwegian oil and gas company Statoil for its GE (LM series) industrial gas turbines.

To Russia With Compressors

GE Oil & Gas announced that it will supply UEC-Gas Turbines JSC with three compressor trains equipped with its HPRC units, which include gearboxes and dry gas seal consoles.

Doyle To Aid Shale Play Efforts In Pennsylvania

Huntley & Huntley, an oil and natural gas reserve producer, has hired M. Christopher Doyle to lead its development and expansion efforts of its Marcellus and emerging core Utica plays in southwestern Pennsylvania.

References: Centrifugal Compressor Rotordynamics In Wet Gas Conditions

References: Systematic Parametric Design/Calculation Of The Piston Rod Unit