Petrobras awards $127-million subsea system contract to Cameron

Petrobras awards $127-million subsea system contract to Cameron
Petrobras has awarded Cameron a $127-million contract for subsea systems for the offshore Brazil Gas Production Anticipation Plan (Plangas). Under the contract, Cameron will provide 22 subsea christmas trees, control systems, and related equipment. The trees will be manufactured in Cameron’s facility in Taubate, Brazil. Delivery and installation is slated to begin in 2Q 2008, with additional deliveries of subsea trees and equipment to continue through 2009.

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