Archrock completed the acquisition of a minority stake in Ecotec.

Archrock, an energy infrastructure company, completed the acquisition of Ecotec, a company which provides a comprehensive ecosystem of methane solutions for its customers. Financial terms were not disclosed. “We are excited to partner with ECOTEC and advance our shared vision for helping the oil and gas industry decarbonize. The expansion of our services to include direct emissions detection, management and mitigation is a significant step in our strategy to develop a suite of solutions that supports our customers’ sustainability goals. ECOTEC’s management team has an impressive track record of building emissions management businesses in other sectors and this partnership connects their proven technology with our leading U.S. natural gas compression infrastructure and customer network. This investment provides a unique opportunity to deliver value for our customers and shareholders as we position Archrock to reduce emissions across the oil and gas industry,” Brad Childers, Archrock President and Chief Executive Officer.