Jack Burke

3 days ago | compressortech2.com | Jack Burke

Haskel, a global leader in high-pressure fluid and gas handling systems, has appointed Alain Wald as its new global General Manager. Wald will oversee operations for Haskel as well as sister brands BuTech and Hartell under the Specialty division of Ingersoll Rand. In his new role, Wald is tasked with setting strategic direction and delivering financial performance across the three brands, with an emphasis on innovation, operational efficiency, and sustainable growth in international markets.

4 days ago | compressortech2.com | Jack Burke

Woodside Energy has reached a major milestone in its flagship Louisiana LNG facility and is nearing a final investment decision on the project, according to company CEO Meg O’Neill. She said the sale of a 40% stake in the project to private equity firm Stonepeak includes a $5.7 billion capital commitment, providing an immediate boost to project returns while easing Woodside’s near-term capital burden.

5 days ago | compressortech2.com | Jack Burke

EQT Corp. has announced a definitive agreement to acquire the upstream and midstream assets of Olympus Energy for $1.8 billion, a move that significantly strengthens EQT’s position in the core of the Marcellus Shale. The deal includes 90,000 net acres adjacent to EQT’s existing holdings in Southwest Pennsylvania, currently producing approximately 500 million cubic feet of natural gas per day.

5 days ago | compressortech2.com | Jack Burke

Despite a cautious start to 2025 driven by geopolitical tensions, volatile trade policy, and a softening oil market, Baker Hughes is reporting continued strength in natural gas and LNG-related activity, particularly in long-cycle infrastructure and compression projects. In a recent earnings call, CEO Lorenzo Simonelli pointed to macroeconomic headwinds, including tariff concerns and reduced upstream investment, while highlighting the company’s resilience through its gas-focused portfolio.

6 days ago | compressortech2.com | Jack Burke

Hydrogen Valley project in Giammoro, Sicily Duferco Energia and Ansaldo Green Tech have signed a strategic agreement to supply and commission a 1 MW electrolyser for the Giammoro Hydrogen Valley project in Sicily. The initiative marks a significant step in the development of Italy’s hydrogen value chain and supports European decarbonization targets, the companies said..