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Stock Market & Financial Investment News

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July 1, 2011
09:15 EDTCAMCameron shares inexpensive, says Susquehanna
Susquehanna said Cameron's diversified business model will offset subsea and pressure control concerns. The firm views shares as inexpensive and reiterates its Positive rating and $64 price target.
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March 20, 2015
07:31 EDTCAMOneSubsea delivers first subsea multiphase compressor to Statoil
OneSubsea, a Cameron (CAM) and Schlumberger (SLB) company, has delivered the world's first subsea Multiphase Compressor to Statoil (STO) for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating the need for an upstream separation facility or an anti-surge system, making it the industry's only true wet gas compressor. It is expected to increase the recovery rate for the Gullfaks South Brent reservoir by 22M barrels of oil equivalent.

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