The company says it simply didn’t see the market demand justify the continued production of what was one of the only dedicated natural gas-fueled consumer vehicles.
In third-quarter 2015, Exterran plans to separate its international contract operations, international aftermarket services and global product line businesses into a standalone company, resulting in two independent companies.
The companies will jointly fund an enhancement of the 13-11-62-27W5M Simonette facility. A shallow cut refrigeration system and sales connection to TransCanada Corp.'s NGTL pipeline system will be added.
Mitsubishi Heavy Industries Compressor International Corp. started operations at its Pearland Works facility, which will handle packaging, shipping, storage, service and maintenance of compressors and mechanical drive steam turbines.
Exterran Holdings Inc. (NYSE: EXH) and Exterran Partners LP (NYSE: EXLP) announced April 20 that Exterran Partners acquired assets from Exterran Holdings for consideration valued at $102.3 million.
Wentworth will be sold to Pentagon Energy LLC. The CNG will be exported to Latin America. Two Morgan Stanley managers involved with Wentworth will become Pentagon principals, sources told Reuters.
Exterran Holdings Inc. is providing compressor valve rebuild and replacement services through its new valve and repair center in Gaylord, Mich.
Mansfield Opens CNG Station In Georgia
EnLink Midstream LLC dropped down its equity interests in E2 Appalachian Compression LLC and E2 Energy Services LLC to EnLink Midstream Partners LP.
Regency Energy Partners LP and American Energy—Midstream LLC (AE-MidCo) entered into a joint venture (JV) agreement for construction and operation of Regency’s previously announced Utica Ohio River project.
Axip Energy Services LP agreed to sell its aftermarket services (AMS) business to Arkos Holdings LLC and certain of its affiliates.
Compressco Partners LP entered into a definitive agreement to purchase all outstanding shares of Compressor Systems Inc. (CSI) from Warren Equipment Co. for $825 million in cash, subject to working capital and other adjustments.