Petrobras lets subsea systems contract to Cameron

Petrobras let a $127 million contract to Cameron for the supply of subsea systems for the Gas Production Anticipation Plan project, which aims to increase "significantly" domestic natural gas production in southeastern Brazil.

By OGJ editors
HOUSTON, Apr. 16 -- Petroleo Brasileiro SA (Petrobras) let a $127 million contract to Cameron for the supply of subsea systems for the Gas Production Anticipation Plan (Plangas) project, which aims to increase "significantly" domestic natural gas production in southeastern Brazil, Petrobras said.

Cameron's contract scope covers the supply of 22 subsea christmas trees, control systems, and related equipment.

Initial delivery and installation is expected to begin in second quarter 2008, with additional deliveries to continue through 2009.

The trees for the project will be manufactured in Cameron's facility in Taubate, Brazil, Cameron said.

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