Cameron Multi-Million Dollar Award for Subsea Systems

Tuesday, January 25, 2011

Cameron (NYSE: CAM) has received an order for the supply of subsea production systems for a deepwater and offshore gas processing and pipeline project in the South China Sea.  The project will include subsea equipment, as well as an agreement to provide additional services across the life of the field.  Deliveries are scheduled to begin in late 2011 and continue through 2012.

Cameron President and Chief Executive Officer Jack B. Moore said, "At water depths of nearly 5,000 feet, this represents the deepest prospect to date in the Asia-Pacific region. We are pleased to have the opportunity to provide Cameron's equipment and technology in support of this important development.  This is the first major subsea project in China for Cameron, and it represents a significant market opportunity."

Moore noted that in conjunction with the award, Cameron will construct a new aftermarket facility in China to provide CAMSERV aftermarket services for this and future projects in the region.

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Horizon Delivers Second 80’ Towboat to FMT

Horizon Shipbuilding, Inc. announced the delivery of another 80’ Inland River Towboat, the M/V Chip Stiebing, to Florida Marine Transporters (FMT) of Mandeville, La.

SFL Acquires Eight Bulk Carriers from Golden Ocean

Ship Finance International Limited (SFL) has entered an agreement to acquire eight Capesize dry-bulk carriers from subsidiaries of Golden Ocean Group Limited, the company announced today.

Northrop Grumman Navigation Systems for Canadian Navy

Northrop Grumman Corporation's Sperry Marine business unit has been selected to design and supply gyrocompass navigation systems for 12  Kingston Class coastal

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1103 sec (9 req/sec)