The $357 million transaction is expected to be immediately accretive to Archrock’s earnings per share and cash available for dividend per share “We’re excited to announce our agreement to acquire NGCS ...
Archrock, Inc. has successfully completed its acquisition of Natural Gas Compression Systems, Inc. and NGCSE, Inc., enhancing its operations and market positioning in the natural gas compression ...
NEW YORK, April 21, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a ...
Statoil and its partners have brought on stream two different subsea compression systems in Gullfaks and Asgard fields offshore Norway, marking the first deployment of subsea compression technology to ...
Commissioning of gas compression systems on two Petrobras-owned floating production, storage and offloading units will be concluded by mid-March following delays that slowed down the production curve, ...
HOUSTON--(BUSINESS WIRE)--Northwind Midstream Partners LLC (“Northwind” or the “Company”) today announced that it has constructed and put into service 150 million cubic feet per day (MMcf/d) of ...
A major cyberattack has hit a gas compression facility, forcing it to shut it down for two days as it struggled to recover. A major cyberattack has hit a gas compression facility, forcing it to shut ...
Much of future offshore oil and gas production will come from complex reservoirs in deep water with ever-longer tiebacks, Providing subsea technologies the opportunity to replace traditional surface ...
HOUSTON and TRAVERSE CITY, Mich., March 10, 2025 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) and Natural Gas Compression Systems, Inc. (“NGCSI”), a high-quality provider of contract ...
HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Archrock, Inc. (AROC) (“Archrock” or the “Company”) today announced it has completed its previously announced acquisition of Natural Gas Compression Systems, ...
Business includes approximately 351,000 horsepower, comprised of 316,000 operating horsepower and a 35,000 horsepower backlog of contracted new equipment Aligns with Archrock’s focus on large ...