Cameron Gets PDVSA Contract

Cameron, the NYSE listed provider of flow equipment products, systems and services to worldwide oil, gas and process industries, has won a PDVSA contract worth more than $190m. It will provide subsea equipment and services to the Venezuelan national oil company, starting in Q1. The contract is part of the development plan for PDVSA’s Mariscal Sucre Project, which involves the exploitation of four large natural gas fields offshore Venezuela.