Underscoring its commitment to the small-scale liquefied natural gas (LNG) industry, GE Oil & Gas has agreed to acquire substantially all of the assets of Schertz, Texas-based Salof Companies, a designer of small–scale LNG technologies.

Privately held Salof is world renowned for its cryogenic plant design and fabrication for small LNG and CO2 applications. GE, a leader in large-scale LNG technologies, recently launched LNG solutions with a significantly smaller footprint and capacity that are complementary to Salof’s offerings.

Adding Salof to the portfolio will add additional capabilities and manufacturing footprint, while Salof can draw upon GE’s breadth and global operations, positioning both companies for growth in this sector. The transaction is subject to customary closing conditions, including regulatory approval.

Tags: GE Oil & Gas