November 2009 Vol. 236 No. 11

Projects

French Companies Merge to Create Global Solution for Oil and Gas Flow Management

Countum, the French-based holding company of the Satam company, completed its purchase of Meci Co. as part of its effort to create a major player on the oil and gas market.

Meci specializes in liquid and gaseous hydrocarbon custody transfer measurement. The company has strong engineering expertise in the management of gas and petroleum flow as well as in automation and supervisory systems.

Countum says with Meci it now has become the French leader in industrial and custody transfer energy flow measurement solutions, addressing large depot management and energy operations including logistics solutions and stocking of liquid and gaseous hydrocarbons.