Australia: subsea systems contract

Cameron has been awarded a contract worth USD 110 million to provide 13 subsea trees, manifolds and related equipment for BHP Billiton’s Pyrenees project offshore NW Australia. Under the contract, Cameron will provide engineering and project management services, 13 wellhead and subsea tree systems, control systems, several subsea manifolds and the associated flowline connection system, chokes and related equipment. Initial equipment delivery and installation is scheduled for the fourth quarter of 2008, with additional deliveries of trees, manifolds and associated equipment to continue through 2010. In addition, further expansion of the Pyrenees field beyond the initial 13 wells is expected in the future.
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