[Editor's note: This story has been updated from a previous version posted at 8:03 a.m. CT Nov. 3.]
Dresser Natural Gas Solutions, a leading provider of measurement, instrumentation and piping solutions to the natural gas distribution and transmissions markets, has acquired Flow Safe, a leading manufacturer of spring-operated and pilot-operated high-performance pressure relief devices based in Orchard Park, NY, on Nov. 2.
The Flow Safe product line focuses on applications for gas utilities, aerospace, marine, industrial gases and other liquid and gas process applications.
“Dresser NGS is excited about Flow Safe joining the family," David Evans, president and CEO of Dresser NGS, said. "The acquisition will enable Dresser NGS to provide over-pressure protection for our gas utility clients. In addition, we look forward to helping Flow Safe reach new customers, and Flow Safe will help us strengthen our working relationships with gas utility risk managers, systems engineers, over-pressure protection specialists, measurement managers and technicians, all of whom realize value from Flow Safe’s industry-leading over pressure protection solutions.”
“Flow Safe is excited to be a part of the Dresser NGS team," Ryan Gannon, president of Flow Safe, said. "We look forward to the many opportunities for collaboration with the Dresser NGS team to enhance our offerings to our clients and access to a broader platform will benefit the growth and professional development of our employees.”
Recommended Reading
Valaris Updates Fleet Status
2024-02-19 - The backlog of these contracts and extensions is valued at $1.2 billion.
After 4Q Struggles, Transocean’s Upcycle Prediction Looks to Pay Off
2024-02-21 - As Transocean executives predicted during third-quarter earnings, the company is in the middle of an upcycle, with day rates and revenues reaching new heights.
TotalEnergies Fénix Platform Installed Offshore Argentina
2024-02-13 - First gas from the TotalEnergies-operated project is expected in fourth-quarter 2024.
Transocean Releases Fleet Status Report
2024-02-15 - Transocean’s total backlog for its fleet is approximately $9 billion.
E&P Highlights: Feb. 5, 2024
2024-02-05 - Here’s a roundup of the latest E&P headlines, including an update on Enauta’s Atlanta Phase 1 project.