Cameron inks services pact for offshore oil work of Brazil's Petrobras
Cameron has renewed an agreement with Petrobras for the supply of aftermarket services and support for their developments in offshore Brazil.
This agreement is a continuation to the CAMSERV aftermarket services contract previously signed in 2007 and is expected to generate more than $150 million in revenue to Cameron over the next three years, the company said.
Cameron will manage the agreement from its service center in Macae, which is undergoing an extensive capital expansion program.
The facility will support Petrobras operations with inspection, maintenance, repair and remanufacturing, storage and offshore installation services.
“We are pleased to continue our work with Petrobras as part of our worldwide commitment to CAMSERV aftermarket services, particularly in the expanding Brazilian market”, said Jack Moore, Cameron’s CEO.
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