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Cameron Bags $600 Mln Subsea Tree And Equipment Order From Petrobras

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."

by RTTNews Staff Writer

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