Cameron (CAM +3.4%) sees its deal with Schlumberger (SLB +1.2%) to jointly develop and...

|About: Cameron International Corpo... (CAM)|By:, SA News Editor

Cameron (CAM +3.4%) sees its deal with Schlumberger (SLB +1.2%) to jointly develop and manufacture products for the subsea oil and gas market as “game-changing," and analysts are just as effusive. “Improving recoveries from reservoirs has been the holy grail forever, and if there was a better marriage to find that holy grail, it’s hard to figure out what it is," Credit Suisse says.