Petrobras orders 47 more subsea trees from Cameron

Cameron (NYSE: CAM) has received an order totaling approximately $600 million to supply 47 subsea trees and associated equipment to Petrobras.

Offshore staff

HOUSTON –Cameron (NYSE: CAM) has received an order totaling approximately $600 million to supply 47 subsea trees and associated equipment to Petrobras. The deliveries for the equipment, destined for presalt and postsalt areas offshore Brazil, will commence in 2014.

“This order will be supported by the expansion of ourmanufacturing capabilities in Brazil, completed this quarter,” said Jack B. Moore, chairman, president, and CEO of Cameron.

3/14/2013

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