Cameron Receives $100 Million Subsea Systems Order from BP
Cameron has received an order worth approximately $100 million for the supply of subsea production systems for BP subsea tieback projects in the Gulf of Mexico. The current scope includes four subsea trees, production control systems, a manifold, flowline connection systems, engineering and project management services and related equipment. Engineering work and procurement of materials began in the second quarter of 2008, and deliveries are scheduled to begin in the fourth quarter of 2009 and continue throughout 2010.
Cameron President and Chief Executive Officer Jack B. Moore said, “This is the first in a series of orders to be placed under our 2006 Gulf of Mexico frame agreement with BP, and reflects the result of a joint standardization and engineering effort with BP over the past two years.”
Cameron is a leading provider of flow equipment products, systems and services to worldwide oil, gas and process industries.
