Who is Exterran Energy Solutions?

Exterran Energy Solutions, L.P. operates as an oil and gas company. The Company offers gas processing and compression, water treatment, air emissions, and project integration services, as well as provides site installation, designs, and fabricate equipment. Exterran Energy Solutions serves customers worldwide.

Who owns Exterran Corporation?

Exterran Corporation was acquired by Enerflex Ltd. on October 13, 2022. Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions.

Who has awarded 'Station C' contract to Exterran Corporation?

The contract has been awarded by OQ, and forms part of the Bisat early oil production facility project. Credit: MEED. Oman’s national energy holding company OQ has awarded a package known as ‘Station C’, which is part of the Bisat early oil production facility project, to US oil and gas contractor Exterran Corporation.

When was Exterran formed?

Exterran was formed when Universal Compression (1954) merged with Hanover (1990) in 2007. Universal Compression went public in 2000 and then acquired Weatherford, Global and Gas Compression Services, KCI, LCM and TCS. Hanover acquired APSI and POI to enter the gas processing business, and reorganized into GBU concept before the merger.

Is Exterran a self-financed company?

While product sales are largely self-financed through customer progress payments, the projects themselves are subject to construction and execution risk. Exterran operates primarily in international markets, with North American revenues representing less than 10% of its consolidated total.

Does Exterran have a working capital requirement?

Exterran has experienced start up delays in the construction of a sizeable, 250 million cubic feet per day natural gas processing project in the Middle East, which has added to the working capital financing requirement.