This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cameron Awarded Order For 25,000 Psi Blowout Preventer

HOUSTON, March 27, 2014 /PRNewswire/ -- Cameron (NYSE:CAM) announced today that it has received an order from Freeport-McMoRan Oil & Gas to supply a 25,000 psi blowout preventer stack and 25,000 psi manifold.

Cameron delivered the industry's first and only 13-5/8" 25,000 psi blowout preventer to Freeport-McMoRan in 2011.  After successful and extensive use in the Gulf of Mexico, Freeport-McMoRan has decided to place this second order with Cameron for high pressure activity planned to begin in 2015.

Chairman and CEO of Cameron, Jack Moore, commented " Cameron has long been committed to leading the industry in this ultra-high pressure space.  We will continue to provide customers the technology they need to safely recover oil and gas from challenging, high pressure fields.  Cameron has now sold four 20,000-plus psi blow out preventers, establishing ourselves as a proven leader in this emerging market."

Cameron is a leading provider of flow equipment products, systems and services to worldwide oil, gas and process industries.

SOURCE Cameron

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs