Cameron Subsea Systems

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For leading deepwater oil and gas producers, Cameron's Subsea Systems is the systems expert that helps you continuously raise performance through its global manufacturing and service network, project management and proven technical expertise.

CAMFORCE

Imagine the presence and power of Cameron, brought to life in subsea processing. Imagine no more. Now you have Cameron quality, experience and reliability, together with technical innovation, to bring you the tools, the expertise, the systems approach to make it all happen. Confidently. Reliably. And, all the while, saving you money. [More]

CameronDC System Spotlight

Cameron has been awarded a contract by Total E&P Nederland B.V. for the supply of world's first all-electric subsea production system. Scope of supply includes CameronDC all-electric trees and an all-electric control system for a two-well development known as K5F in the Dutch Sector of the North Sea. The control system is configured for expansion to four wells. Deployment is planned for mid-2007 with production to start in late 2007. This unique all-electric system, powered by direct current, dramatically improves reliability, availability and maintainability. The system has no batteries, hydraulics or accumulators and much of the conventional electro-hydraulic equipment has been simplified or eliminated.

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NEWS & HIGHLIGHTS

CAMERON REACHES AGREEMENT WITH DEPARTMENT OF JUSTICE CLEARING WAY FOR COMPLETION OF NATCO ACQUISITION
HOUSTON (November 17, 2009) – Cameron (NYSE: CAM) has reached an agreement with the Department of Justice that will allow the Company to close on its previously announced acquisition of NATCO Group Inc. Under the agreement, Cameron will divest its Edge™ refinery desalter business and will license, on a non-exclusive basis, NATCO’s DUAL FREQUENCY refinery desalter products. The combined revenues of these businesses would have represented less than two-hundredths of one percent of Cameron’s 2008 revenues. Cameron expects to close the acquisition as soon as practicable following the approval by NATCO’s shareholders at a special meeting held on November 18.

Cameron (NYSE: CAM) is a leading provider of flow equipment products, systems and services to worldwide oil, gas and process industries.

In addition to the historical data contained herein, this document includes forwardlooking statements regarding the closing, and timing thereof, of the acquisition, made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Because the information herein is based solely on data currently available, it is subject to change as a result of changes in conditions over which the Company has no control or influence, and should not therefore be viewed as assurance regarding the Company’s future performance. Additionally, the Company is not obligated to make public indication of such changes unless required under applicable disclosure rules and regulations.

Website: www.c-a-m.com

Natco Website: www.natcogroup.com

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