Cameron Signs Agreement to Supply Equipment for Jette Development

Cameron announced that it has signed an agreement with Det Norske for the supply of subsea production systems for the Jette development located in blocks 25/7 and 25/8 in the Norwegian sector of the North Sea.

The scope of supply for this fast track development includes wellheads, trees, flow bases, electro-hydraulic multiplexed controls, connections, pipeline end manifolds and other associated subsea equipment. Deliveries are scheduled to commence in early 2012, and will represent $56 million in revenue to Cameron.

Cameron is working in close alignment with Det Norske in executing this project. The project is groundbreaking for Det Norske as it is their first field development as operator, and for Cameron as it represents our first full subsea system supply in the Norwegian sector of the North Sea.” said Jack Moore, Chairman and CEO of Cameron.

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


Source: Cameron , October 11, 2011;