8-K

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                       -----------------------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE

                         SECURITIES EXCHANGE ACT OF 1934


        Date of report (Date of earliest event reported): November 12, 2002


                           HANOVER COMPRESSOR COMPANY
               (Exact Name of Registrant as Specified in Charter)

            Delaware                     1-13071                 76-0625124
(State or Other Jurisdiction        (Commission File           (IRS Employer
        of Incorporation)                Number)            Identification No.)

      12001 North Houston Rosslyn
         Houston, Texas                                            77086
(Address of Principal Executive Offices)                         (Zip Code)

       Registrant's telephone number, including area code: (281) 447-8787




Item 5.   Other Events.

On November 12, 2002, Hanover Compressor Company was informed by our largest
stockholder, GKH Investments, L.P. ("GKH"), that GKH has advised its limited
partners that it is extending the winding-up process of the Partnership for an
additional twelve months from January 25, 2003 until January 25, 2004. A copy of
the letter sent by GKH to the Company is attached to this report as Exhibit
99.1.



Item 7.  Financial Statements and Exhibits

         (a)      Financial Statements of Business Acquired.

                  Not applicable.

         (b)      Pro Forma Financial Information.

                  Not applicable.

         (c)      Exhibits.

         99.1     Letter from GKH Partners, L.P. to Mark S. Berg, Senior Vice
                  President and General Counsel of Hanover Compressor Company
                  dated November 12, 2002.



                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        HANOVER COMPRESSOR COMPANY

Date:  November 14, 2002                By:    /s/ Mark S. Berg
                                           ---------------------------------
                                           Name:  Mark S. Berg
                                           Title: Senior Vice President-
                                                  General Counsel



                                      EXHIBIT INDEX

Exhibit
Number            Description
- -------           -----------

99.1      Letter from GKH Partners, L.P. to Mark S. Berg, Senior Vice President
          and General Counsel of Hanover Compressor Company dated November 12,
          2002.

EX-99.1

                                                                    EXHIBIT 99.1

                               GKH PARTNERS, L.P.
                                November 12, 2002

                                                      Melvyn N. Klein
                                                      Managing General Partner

Mark S. Berg. Esq.
Senior Vice President and General Counsel
Hanover Compressor Company
12001 N. Houston Rosslyn

Houston, TX  77086

Dear Mark:

     I am writing to let you know that the General Partner of GKH Investments,
L.P. has notified its limited partners today that it is extending the winding-up
process of the Partnership for an additional twelve months (i.e., from January
25, 2003 until January 25, 2004).

     It needs to be emphasized, however, that no decision has been made as to
when or how the Hanover Compressor shares held by the Partnership will be
distributed. The General Partner reserves the right to distribute some or all of
the shares at any time. Therefore, no inference should be drawn from the
extension of the life of the Partnership that the Partnership will, in fact,
avail itself of the extension.

                                           Sincerely,

                                           /s/ Melvyn N. Klein

                                           Melvyn N. Klein

MNK/sb