Product category:
Oil & Gas Fiscal Flowmetering systems
News Release from: Cameron Measurement Systems
Edited by the Processingtalk Editorial
Team on 16 May 2008
Cameron Measurement Systems acquires
Jiskoot
Cameron Measurement Systems has acquired Jiskoot, a world leader in the design, manufacture and commissioning of sampling, blending and multiphase systems for the global oil and gas industry
According to divisional Vice President Pat Holley, the deal is clearly a win-win situation for both Cameron and Jiskoot "Over the past three years Cameron has executed a strategy to strengthen its ability to deliver solutions to the full spectrum of the oil and gas industry including exploration, production, processing, transportation and distribution
This article was originally published on Processingtalk on 20 Jul 2004 at 8.00am (UK)
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By acquiring the business that created the Cameron Measurement Systems Division in 2005 (formerly knopwn as NuFlo Measurement Systems), it established a high-quality and well-respected foundation in measurement and control.
Subsequent acquisitions, such as Caldon, have allowed the Division to expand its technical capability to include fiscal as well as more highly engineered applications.
The Jiskoot acquisition is a logical - and highly valuable - progression of this strategy" he explained.
For Jiskoot, the power and capital behind a company the size and reputation of Cameron allows the operation to take advantage of emerging global opportunities for larger projects and engineered sampling systems.
The acquisition also serves to combine the Jiskoot market leadership with the reputation and product portfolios of the current Cameron sampling brands, Clif Mock and True Cut.
"Without question, this merger of technologies and products positions Cameron as the dominant provider of sampling, blending and multi-phase solutions across the entire oil and gas value chain," said Mark Jiskoot.
Going forward, Mark Jiskoot will assume the leadership responsibilities for all sampling activities within the Measurement Systems Division.
See http://www.processingtalk.com/news/jis/jis000.html.
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