HOUSTON (AP) -- Dresser-Rand Group Inc., which makes equipment for the petroleum industry, said Monday it will supply more than $120 million of advanced machinery to three separate customers.
The machinery is for four floating production, storage and offloading vessels, known as FPSO vessels. Three will go to the Santos Basin off Brazil's coast and one to the U.K. sector of the North Sea.
Shares closed up 51 cents at $32.63.
