Cameron Signs a Memorandum of Understanding for Future Technology Cooperation With Petrobras

By Benzinga Staff
March 15, 2011 7:39 AM

Symbols: CAM, MOU

Cameron (NYSE: CAM) has signed a Memorandum of Understanding (MOU) with Petrobras, confirming Cameron's intent to enhance its research and development efforts in Brazil through a $30 million investment in R&D facilities at two locations.

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Cameron Signs a Memorandum of Understanding for Future Technology Cooperation With Petrobras

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