Cameron Receives $90 Million Order

Cameron CAM has received a contract valued at approximately $90 million from Statoil for the provision of high temperature, high pressure (HPHT) surface wellhead and Christmas trees for the Norwegian Gudrun platform with further options for the Valemon and Brynhild platform developments. The seven-year agreement also includes aftermarket services with the option for two-year extensions continuing through the lifetime of the field.