A continuing commitment
to our customers.
Valerus has been reorganized as two companies that will continue to deliver
industry-leading safety and service with a new focus on the core capabilities of each.
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Our field solutions business lines have been acquired by
Kentz and will operate under the Valerus name. Valerus is a worldwide leader in
the sale of integrated oil and gas handling and processing solutions, including reciprocating
compressor packages, production equipment, gas processing solutions, liquid
separation systems and a variety of professional field services.
The contract, aftermarket, and producer services business lines have been renamed as Axip. Axip provides contract compression and contract production equipment, pre-engineered
wellpad solutions, pipelines, and full gathering, processing and treating facilities
on a fee basis for upstream and midstream oil and gas operators, as well as the
COMMAND™ performance optimization offering. A global team of experienced technicians
supports Axip's compression fleet and production facilities.