USA: Cameron Wins $90 Million Subsea Equipment Order from Statoil

Cameron 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.

Cameron is a leading provider of flow equipment products, systems and services to worldwide oil, gas and process industries.

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Source: Cameron, January  21, 2011