Cameron International wins $100 million contract

By Associated Press
June 25, 2008
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Oil and gas services company Cameron International Corp. said Wednesday it won a contract worth $100 million to supply components for offshore oil-well equipment to Petrobras.

Under the deal, the company will provide 25 subsea components known as "Christmas trees" to Petrobras for use in its Campos Basin developments offshore Brazil. The trees are an assembly of components for oil wells.

Initial delivery is expected in the second quarter of 2009.

Shares of Cameron fell 3 cents to $54.03 in after-hours trading after falling 65 cents to close at $54.17 during the regular trading session.
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