Cameron wins $100m Iraq oil contract
Houston, June 27, 2012
Cameron, a leading provider of flow equipment products, systems and services to the oil, gas and process industries, said it has won a supply contract worth $100 million from Rumaila Operating Organization (ROO) in Iraq.
The ROO is a joint venture between the state owned South Oil Company (SOC), BP and the China National Petroleum Corporation (CNPC).
As per the contract, Cameron will provide equipment for new wells and rehabilitation of existing wells along with the associated aftermarket services for the next three years.
This award from the ROO is further confirmation of Cameron's continuing support for the country of Iraq, BP and CNPC, said a top official.
'We are proud to be an integral part of the Rumaila development which is so important for the Iraq community and the ongoing efforts to rebuild the country,' remarked Jack B. Moore, the chairman, president and CEO of Cameron.
'We will be supporting this important contract with parts, service, equipment storage and deployment from our new Iraq facility,' he added.-TradeArabia News Service