GE has successfully completed its acquisition of
Camerons reciprocating compression division for $550
million, officials confirmed on Tuesday.
The division provides reciprocating compression equipment and
aftermarket parts and services for oil and gas production,
gas processing, gas distribution and independent power
Camerons reciprocating compression business has
approximately 900 employees and operates from 20 global
The division will now become part of downstream technology
solutions within GE Oil
& Gas and will allow the company to better serve clients
in the downstream and distributed gas segments.
The business is designed to deliver products, services and
packaged solutions for both the traditional downstream and
the evolving unconventional oil and gas space.