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View Full Version : Cameron to supply offshore subsea systems


MoneyGuy
July 28th, 2008, 07:30 AM
NEW YORK (MarketWatch) -- Cameron said Monday that it entered an agreement to supply subsea production systems to a development program offshore Angola. The Houston oil-service firm estimated the value of the first phase of the order at about $800 million and said it expects to begin deliveries in the second half of 2009. Shares of Cameron closed Friday at $47.98.

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Fotno
July 28th, 2008, 07:36 AM
I used to work with these guys a lot.
They have some very expensive toys that I used to get to play with from time to time.
I own some of their stock,any Oil service stock is a good buy right now.IMO.

Guru
July 28th, 2008, 09:56 AM
Unless it's in Russia ;)