Cameron Awarded Subsea Contract for Van Gogh Project

Cameron was awarded a contract worth approximately $100 million to provide equipment for Apache Energy Ltd.'s Van Gogh project offshore Western Australia. Under the contract, Cameron will provide engineering and project management services, 13 wellhead and subsea tree systems, control systems, two subsea manifold structures with the associated flow line connection system and related equipment. Initial delivery and installation of wellheads and trees is scheduled to begin in July 2007, with additional trees, controls, manifolds and other equipment deliveries to continue through 2008.

Cameron President and Chief Operating Officer Jack B. Moore said, "We are pleased to have the opportunity to work with Apache on this important project and continue Cameron's long history of providing equipment and services in this region."

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