OneSubsea, a Cameron (NYSE: CAM) and Schlumberger (NYSE: SLB) company, has been awarded a contract totaling more than $60 million for the BP-operated Shah Deniz Two development offshore Azerbaijan, a news release said.
The scope of the new contract includes the supply of the second of three planned batches of subsea production trees and ancillaries. Deliveries are expected to commence in 2016, according to the release.
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