Dresser-Rand Company News

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Results 31 articles shown

Leading through Change: Judy Marks Shares Her Experiences
Dresser-Rand's EVP shares how she has been able to lead through an ever-changing market.
8:00 PM EST | June 16, 2016
Dresser-Rand Plans to Close Facility and Lay Off 72 Workers in Houston
Houston's Dresser-Rand is closing its support facility and laying off 72 workers.
7:00 PM EST | December 22, 2015
Siemens To Buy Dresser-Rand To Tap US Shale Gas Boom
Siemens agrees to buy US oilfield equipment maker Dresser-Rand Group for $7.6 billion in a move that would significantly boost its oil and gas business in North America.
8:00 PM EST | September 21, 2014
Dresser-Rand Welcomes New CFO
Dresser-Rand Group Inc. announces that Jan Kees van Gaalen will become executive vice president and chief financial officer.
8:00 PM EST | April 02, 2013
Dresser-Rand to Steer Turbo Machines Field Services
Dresser-Rand has signed an agreement to acquire the assets of Turbo Machines Field Services ("TMFS"). Closing is expected to occur in early May 2010.
8:00 PM EST | April 26, 2010
Dresser-Rand Clinches 4 FPSO Turbomachinery Orders
Dresser-Rand will supply advanced turbomachinery for four floating, production, storage and offloading vessels, three of which are destined for offshore Brazil, and the other for the UK North Sea.
8:00 PM EST | April 05, 2010
Dresser-Rand Boasts Record Sales, Net Income for 2009
"Despite the worldwide recession and lagging economy, we set records for sales, operating income, net income, earnings per share, and worldwide safety performance," commented Dresser-Rand CEO Vincent R. Volpe Jr.
7:00 PM EST | February 25, 2010
Dresser-Rand Supplies Equipment for Aseng FPSO
Dresser-Rand will supply advanced turbomachinery for the FPSO vessel destined for Noble Energy's Aseng Field offshore Equatorial Guinea.
7:00 PM EST | November 15, 2009
Grenland Group Builds Generator Sets for Petrobras' P-55
Grenland Group has signed a contract with Dresser-Rand for the assembly of four generator sets for Petrobras' P-55 production unit.
8:00 PM EST | August 24, 2009
Saudi Aramco Selects Dresser-Rand for Strategic Cooperation Agreement
Dresser-Rand will open and operate a new facility to serve as a center of excellence for manufacturing, repairs, service, technical expertise and training as part of a joint venture in Saudi Arabia.
8:00 PM EST | March 24, 2009
Grenland Group Gears Up to Assemble Generator Sets for BP
Grenland Group has signed a new contract with Dresser-Rand for the assembly of four generator sets for BP's floating production ships bound for Block 31 in Angola.
7:00 PM EST | January 26, 2009
Dresser-Rand Secures Work on Nord Stream, Petrobras' P-55 Platform
Dresser-Rand has received two awards totaling over $200 million, one of which is for a power generation package and services for the P-55 semisubmersible production platform.
7:00 PM EST | January 12, 2009
Dresser-Rand to Service FPSO at BP's Angola Block 31
Dresser-Rand's subsidiary will supply four power generation packages for a FPSO vessel as part of BP's Angola development program. The first contract's sales are estimated at $75 million.
8:00 PM EST | October 20, 2008
Dresser-Rand to Supply Equipment for Total Pazflor FPSO
Dresser-Rand Group Inc. will supply advanced turbomachinery for a floating, production, storage and offloading vessel for the Pazflor Field offshore Angola.
7:00 PM EST | January 08, 2008
Dresser-Rand Signs $50 Million Blanket Purchase Order With PEMEX
Dresser-Rand Group has signed a blanket purchase order with Petroleos Mexicanos (PEMEX) valued at approximately $50 million.
7:00 PM EST | December 18, 2007
Dresser-Rand Looks to TransCanada for Supersonic Ejector Technology
Dresser-Rand has signed a MOU with TransCanada for the rights to manufacture, use and market Supersonic Ejector Technology.
8:00 PM EST | October 14, 2007
Dresser-Rand Updates Outlook for Third Quarter and Year 2007
Dresser-Rand's operating income for the third quarter 2007 is expected to be between $32 million and $36 million.
8:00 PM EST | October 03, 2007
Dresser-Rand Appoints Mai VP, General Counsel and Secretary
Dresser-Rand has appointed Mark F. Mai as Vice President, General Counsel and Secretary, effective October 1, 2007.
8:00 PM EST | September 30, 2007
Dresser-Rand Amends Revolving Credit Facility
Dresser-Rand Group has amended its Senior Secured Credit Facility. "We are pleased with the increased size, added flexibility and lower costs provided by this amended facility", said Robert J. Saltarelli, Dresser-Rand's VP and treasurer.
8:00 PM EST | August 30, 2007
Dresser-Rand to Supply Compression Equipment to Statoil
Dresser-Rand has entered into two, five-year frame agreements with Statoil to supply new compression and power generation equipment, and to supply aftermarket parts and service for existing turbo machinery.
8:00 PM EST | July 31, 2007
Dresser-Rand to Supply Its First ICS for Petrobras' Offshore Platform
Dresser-Rand was selected to supply its first Integrated Compression System(TM) to boost the gas compression capacity on the Petrobras P-18 semi-submersible platform which operates in the Marlin oil field offshore Brazil
8:00 PM EST | July 31, 2007
BP Awards Dresser-Rand $154 Million Equipment Contract
Dresser-Rand Group will supply advanced turbomachinery for the FPSO on BP's Skarv Field located offshore Norway.
8:00 PM EST | July 31, 2007
Dresser-Rand Names Executive VP and CFO
Dresser-Rand announces Mark E. Baldin to be named EVP and CFO effective August 24, 2007.
8:00 PM EST | July 16, 2007
Medgaz to Use Dresser-Rand Compressor Trains
Dresser-Rand will supply three high-efficiency DATUM compressor trains for the new Medgaz sub-sea pipeline planned to transport natural gas beneath the Mediterranean Sea from Algeria to Spain.
8:00 PM EST | June 26, 2007
Dresser-Rand Acquires Gimpel from Tyco
Dresser-Rand Group Inc. has acquired the Gimpel business from Tyco Flow Control, a reporting unit of Tyco International.
8:00 PM EST | April 08, 2007
Dresser-Rand to Supply Turbomachinery for Gjoa
Dresser-Rand Group Inc. will supply advanced turbomachinery for Statoil's semi-submersible production platforms to be located in the Gjoa field, approximately 50 kilometers off southwest Norway.
8:00 PM EST | March 29, 2007
Dresser-Rand Signs Microturbine Deal with Ingersoll Rand
Dresser-Rand Company said that it has signed an agreement with Ingersoll Rand Energy Systems, under which D-R will be a global distributor and provide a service support network in the oil and gas market for the microturbine product line.
8:00 PM EST | August 13, 2006
Dresser-Rand Group Begins Secondary Offering of Common Stock
Dresser-Rand Group has commenced a secondary offering of up to 20,000,0000 shares of its common stock to be sold by its direct parent, D-R Interholding, LLC.
8:00 PM EST | April 18, 2006
Dresser-Rand Reports Strong Fourth Quarter , Year 2005 Results
Dresser-Rand Group reported net income of $32 million, or $0.38 per diluted share, for the fourth quarter 2005. This compares to net income of $10.4 million, or $0.15 per diluted share for the third quarter 2005.
8:00 PM EST | April 04, 2006
Dresser-Rand's Le Havre Facility Adding LNG Test Facility
Dresser-Rand intends to extend its test capabilities by constructing a new LNG (liquefied natural gas) test facility in Le Havre, France.
7:00 PM EST | March 08, 2006
Dresser-Rand Introduces In-Line Electric Motor-Driven Compressor
For equipment operators in natural gas pipeline applications where quiet, emission-free operations are essential, Dresser-Rand has introduced the DATUM Model C (DATUM-C) electric motor-driven compressor.
7:00 PM EST | December 28, 2005