Cameron Cinches Deal to Provide Subsea Systems Offshore Angola

Cameron has entered into a frame agreement for the supply of subsea production systems, including wellheads, trees, control systems, manifolds and chokes to a major development program offshore West Africa.

The order for the first phase of development under the agreement is worth approximately $800 million and includes 40 subsea trees and related equipment. Deliveries are scheduled to begin in the second half of 2009.

Cameron will expand its existing infrastructure in Angola to provide local machining and assembly operations in support of Cameron's commitment to local content for these developments.