Cameron Issues Safety Alert for High Pressure Accumulator

On January 10, 2005, an employee of Cameron Controls in our Celle, Germany facility was fatally injured during a routine disassembly of a high pressure accumulator used in subsea and related production control systems.

Internal experts and external authorities have initiated a full investigation to determine the cause of this tragic accident.

A Safety Alert has been issued to all customers who are known to have purchased a production control system from Cameron that contains one of the accumulators in question. While we do not believe there is a safety risk associated with the normal operation or routine maintenance of these units, we have asked that clients refrain from disassembling these accumulators until our investigation is complete.

Cameron continues to be committed to the highest standards of health, safety and environmental protection and will vigorously pursue appropriate steps to improve our safety procedures with pressure containing devices.

On behalf of Cameron, I would like to express our sincere sympathy to the family, friends and colleagues of the deceased in their time of loss.