Cameron International: "All indications are that the opportunity will be great," said Ricardo Monico, general manager of Brazil for Cameron, a Houston company that makes subsea drilling systems.
The Tupi field alone could require installation of about 600 subsea "trees" that regulate the flow of fluids at the wellhead, roughly double the number of trees in all of Brazil's offshore fields today, he said.
And Cameron, whose business is rapidly growing with Petrobras, hopes to get more of the work, Monico said.
Petrobras is well-liked among its suppliers because it is open to new ideas and willing to experiment with different technology, said Chuck Chauviere, president of Hydril, a maker of high-tech pressure-control products used in offshore drilling that was purchased by GE Oil and Gas in April.
chron.com
But we think we've found a sleeper.
Cameron International (ticker: CAM), a Houston-based rig specialist with nearly $5 billion in annual revenue, is well positioned to profit as the search for oil takes on added urgency. About two-thirds of its revenue comes from making custom underwater and surface oil-drilling and production systems
online.barrons.com
a posting like this opens a window for at least 3 for ethanol :-) |
