HOUSTON, Nov. 5, 2003 — Dresser-Rand has established RECON, a performance and condition monitoring solution to keep rotating equipment operating at peak efficiency. RECON’s knowledge-based system ...

First Reserve Corp. and Odyssey Investment Partners LLC have agreed to acquire Halliburton Co.'s Dresser Equipment Group in a transaction worth $1.55 billion in cash and assumed liabilities.

Dresser-Rand has completed and delivered power generation equipment for the Shell Appomattox deep-water oil and gas combined-cycle floating production platform. The 150-MW platform 80 miles off the ...

Halliburton, the world's largest oil-field services company, said Wednesday it has agreed to sell its Dresser Equipment Group for $1.55 billion, completing its exit from equipment manufacturing. The ...

Dresser-Rand will supply advanced turbomachinery for SBM Offshore (SBM) floating, production, storage and offloading (FPSO) vessel destined for Noble Energy’s Aseng Field offshore Equatorial Guinea.

GE said Wednesday it is buying Dresser Inc. for $3 billion, giving the Addison natural gas equipment maker a platform for international growth. The purchase from private equity companies Riverstone ...