Question-and-Answer Session
Operator
(Operator instructions). Thank you. Our first question is coming from Jeff Tillery of Tudor, Pickering & Holt.
Jeff Tillery -- Tudor, Pickering & Holt
Hi, good morning guys.
Chuck Sledge
Good morning, Jeff.
Jack Moore
Good morning, Jeff.
Jeff Tillery -- Tudor, Pickering & Holt
Jack, I wondered if you could talk just a little bit more about your commentary on the order front, little bit more optimism about subsea and valves in the second half of the year. On the subsea side, is that more one-off type awards kind of now get what you had most in the first half of the year or do you see any larger projects other than the Petrobras award shaking those?
Jack Moore
Well, I think we said from the very beginning in the year that we just felt our customers were going to sit on hold for a while, just because of oil price uncertainty, falling service costs, I think that a lot of our customers felt that the longer they wait, the better value they could extract out of the supply chain, and that would push us into the second half of the year to see some of these awards. We saw just recently because on the sea, satellites, it looks as though Vetco has been awarded that. That was a large project and I think it's important to see some of these projects we get let whether you win them or not, because I think it underscores the conviction that we all have that our servicing this deepwater market into the long-term outlook that we're so positive about. Second half, we felt that there is several projects out there, the Chevron Jacksey [ph] model project is still out there, up for grabs, that could happen this year. The Petrobras orders as I said, they are going to be meaningful and they're big. Now they are not systems orders but they are big numbers and they will make a big impact on the backlog of those who book them, so there is the club project for Total [ph] it looks like it's moved into 2010 now. I mean there's a ton of projects that we track and all of them for the most part have moved to the right, even the Petrobras orders have moved to the right. I think they are taking a little longer to put in to the net than we all thought. But we're all still very optimistic at Cameron about the general direction of where the subsea markets going to take us.
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