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Cameron (CAM -0.9%) signs an agreement with Cnooc (CEO) for the supply of subsea production...

Cameron (CAM -0.9%) signs an agreement with Cnooc (CEO) for the supply of subsea production systems in support of the Panyu 35-1/2 deepwater gas field developments in the South China Sea, in a contract valued at ~$100M. "This award further cements Cameron's strategy to take a leading position in China," Cameron CEO Jack Moore says.
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