Compass To Acquire Exterran U.S. Compression Assets

By DJ Slater25 August 2020

Compass Energy Systems Ltd. signed an agreement to acquire Exterran Corp.’s U.S. natural gas compression assets.

The acquisition, expected to close in the fourth quarter of this year, supports Compass’ plans for growth and expansion into the United States and will improve the company’s international presence.

“This acquisition will significantly increase our U.S. footprint and our ability to provide top-quality compression and process equipment to clients across the United States,” said Compass President John Forgeron. “In addition to Exterran’s Brittmoore Road facility in Houston, this acquisition includes an established customer base and experienced compression employees. Our collective expertise will extend and enhance our product offerings as well as our reach into U.S. and international markets.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, CompressorTech² News features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
SIADMI commissions reliquefaction plant
Industrial operations started in October
North Dakota gas producers slash gas flaring
Captured gas reaches 92.5% of produced gas
Baker Hughes wins major LNG turbomachinery order
Gas turbines, compressors for Pluto Train 2 in Australia