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Ariel Corporation was awarded a contract by Rover Pipeline LLC, a subsidiary of Energy Transfer Partners, to supply 39 natural gas compressors for the $4.2 billion Rover natural gas pipeline. The contract is estimated at more than $34 million.
USA Compression Partners will acquire Energy Transfer Partners' compression business, CDM, adding 1.6 million horsepower of gas compression fleet. The transaction is valued at about $1.8 billion, including $1.225 billion in cash consideration to ETP.