I will review some of the additional comments regarding our business unit performance in Q2. Our Valves & Measurement business had a record quarter across the board in bookings, revenues and profits. The big driver for our bookings -- our record bookings of $550 million came from projects both on onshore infrastructure and deepwater.Our Engineered and Process Valves business saw another record quarter with a number of sizable project bookings in the North Sea, Australia, U.S. and Canada, and we continue to track a long list of projects that cover both upstream and downstream opportunities, several of which were gazed in the early feed spaces at this time. Given this visibility, we remain very confident of our ability to build on the success we have had in the first half of 2012 well into the second half. And with all of the noise in North America, our Distributed Valves orders saw a sequential decline of just 2% in Q2.
Cameron International Management Discusses Q2 2012 Results - Earnings Call Transcript
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