Natural Gas Services Group has expanded its oil patch footprint. The company has acquired Flatrock Compression Holdings for $120 million, consisting of $110 million in cash and $10 million in newly ...

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Natural Gas Services (NGS) said pre-market Monday it acquired Flatrock Compression Holdings, a provider of rental compression services with operations in the Permian Basin and Eagle Ford, for $120M, ...

The compression equipment company on Monday said the deal diversifies its customer base and builds its operational footprint across the Permian Basin and Eagle Ford. The purchase price consists of ...

$120 million cash and stock acquisition is immediately and materially accretive Diversifies NGS's customer mix while adding multiple new large customers Strategic acquisition deepens NGS’s operational ...

Saipem has been awarded a new onshore contract for the Uthmaniyah Gas Compression Plant project in Saudi Arabia, with the company’s share of the contract valued at approximately €900 million. The ...

Aramco has let an EPC contract to Saipem for the Uthmaniyah Gas Compression Plant project in Saudi Arabia. The contract’s duration is about 42 months and is worth about 900 million euro. Saudi Aramco ...

The Uthmaniyah Gas Plant in eastern Saudi Arabia is slated for expansion through a new gas compression facility under a more than $1 billion EPC contract awarded to the SNSH joint venture, a ...

June 4 (Reuters) - Innio's shares closed up 23% on Thursday in a strong start for the gas engine manufacturer, as a red-hot streak of new listings from AI infrastructure-linked companies continued.

Good afternoon, and thank you for joining us today. I'm Michael Feniger, the Machinery, Engineering and Construction analyst at Bank of America. I'm excited to host Caterpillar to discuss the Power ...

There has never been a time when so much power was needed so fast. Driven by the artificial intelligence (AI) revolution, more data center capacity is in development or under construction now than has ...