Cameron Invests US$30 Million in R&D in Brazil; Signs MoU with Petrobras

摘要

Officials with Cameron announced March 15 that they've signed a Memorandum of Understanding (MoU) with Petrobras, confirming Cameron's intent to enhance its research and development efforts in Brazil through a US$30-million investment in R&D facilities at two locations. Cameron's Jacarei plant in Sao Paulo State will add leading-edge testing capabilities, including a hyperbaric chamber, along with a high-pressure flow loop for use in testing and qualifying compact separators and measurement equipment, according to the announcement.