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Press release from PR Newswire

Cameron Awarded Order For Drillship Package

Monday, November 26, 2012

Cameron Awarded Order For Drillship Package07:30 EST Monday, November 26, 2012HOUSTON, Nov. 26, 2012 /PRNewswire/ -- Cameron (NYSE:CAM) announced today that it has received an order from STX Offshore & Shipbuilding Co., Ltd., totaling approximately $275 million, to supply a complete drilling equipment package for a 12,000 foot ultradeepwater drillship. STX Offshore & Shipbuilding Co., Ltd. has a contract to build a new drillship from Sigma Drilling Ltd., of which Vantage Drilling Co. is a partner.  This order represents Cameron's first complete rig package for a newbuild drillship.Chairman and CEO of Cameron, Jack Moore, commented, "After TTS Energy's successful completions of several full equipment packages for jackup drilling rigs, we now welcome the opportunity to provide a complete drilling equipment package for a drillship. We look forward to showcasing our capabilities on this project." Cameron is a leading provider of flow control equipment products, systems and services to worldwide oil, gas and process industries.  SOURCE CameronFor further information: Jeff Altamari, Vice President Investor Relations, +1-713-513-3344