Cameron Receives $74 Million Order from Petrobras
Thursday, January 13, 2011
Cameron has received an order from Petrobras for 27
subsea trees and related equipment, worth approximately $74 million, for use in
their developments offshore Brazil.
The order represents the remaining trees under a 138-tree
frame agreement announced in September 2009. Cameron received a purchase order for the initial 111 trees and
associated equipment at the time the frame agreement was signed. Deliveries of the trees are scheduled to
begin during 2011 and continue over a four-year period. More…
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