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Valerus Selected To Provide Compression Equipment And Services For Iraq Processing Facilities

- Valerus becomes largest compression solutions provider in Iraq

HOUSTON, Dec. 17, 2012 /PRNewswire/ -- Valerus, (www.valerus-co.com), one of the world's leading providers of oil and gas handling and processing services and equipment, has been awarded a contract to provide more than 45,000 bhp of compression and onsite supervisory services for processing facilities being developed in Iraq.

The award positions Valerus as Iraq's largest supplier of reciprocating compression equipment and services. Valerus has installed large compression facilities throughout the Middle East, including in Kuwait and Bahrain and is one of the world's largest providers of compression, production, and processing and treating equipment.

"This is a tremendous win for Valerus and a testament to our ability to rapidly and effectively meet our clients' global demands," said Shelton McMath, vice president of the Eastern Hemisphere for Valerus. "Our customers trust us to provide the comprehensive solutions they need regardless of scale and geography."

About Valerus
Valerus is a worldwide leader in integrated oil and gas handling and processing. Products and services include reciprocating compressor packages, production equipment, gas processing solutions, liquid separation systems and a variety of professional field services. Its mission is to develop tailored solutions for its customers by combining the most experienced people with innovation and quality equipment. Valerus is committed to achieving the highest standards in health, safety and environmental responsibility. More information is available at www.valerus-co.com.

CONTACT:

Chris Wailes
Pierpont Communications
Houston, Texas
+1-713-627-2223
+1-713-585-5144 (mobile)

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