Cameron International Corp. (CAM), on Tuesday said it received an order from Petrobras to supply 47 subsea trees and associated equipment for Pre-Salt and Post-Salt areas offshore of Brazil. The company added that the order totaled about $600 million.
Chief Executive Officer, Jack Moore stated, "Cameron welcomes the opportunity to continue to support Petrobras. This order will be supported by the expansion of our manufacturing capabilities in Brazil, completed this quarter."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.