Cameron bags Transocean deals

HOUSTON, December 22, 2016 – Schlumberger subsidiary Cameron on Wednesday said it had been awarded two 10-year contracts for work in the Gulf of Mexico.

The agreements will see Cameron execute equipment management services for Transocean. One contract calls for storage, maintenance, inspection, repair, recertification and data-driven riser management for Transocean’s Cameron risers. Work included in the scope of the second contract will centre on the company’s nine ultra-deepwater and harsh environment drilling rigs in the Gulf. For example, Cameron will service the blowout preventer systems and pressure control systems.

“This agreement leverages the core competencies of Transocean and Schlumberger’s capabilities as an original equipment manufacturer, the latter’s drilling division president, Hunter Jones, said in a press release. Combined, the value of the two agreements exceeds USD 350 million.

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