The invention relates to the use of variable speed control of the cooling fan on a variable speed oil-injected screw compressor. A screw compressor (11) comprises at least one stage of compression, each with a pair of rotors, variable speed compressor drive means (12), an oil reclaimer (13) from the compressed air and cooling apparatus (17) for cooling the oil extracted from the compressed air. The cooling apparatus comprises a heat exchange device and a fan (18) driven by a motor (19) which can be run at different speeds.