This agreement follows the CAMSERV aftermarket services contract previously signed in 2007.
The subsea aftermarket service agreement is expected to create about $150m in revenue to Cameron over the next three years.
Cameron will manage the agreement from its service center in Macae which is undergoing an extensive capital expansion program.
Petrobras operations will get benefited by the facility with inspection, maintenance, repair and remanufacturing, storage and offshore installation services.
Cameron is a provider of flow equipment products, systems and services to worldwide oil, gas and process industries.
