Search results for: cameron

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  • 11 September 2015
    Business & Finance

    Cameron has officially opened its new services facility in Gateway Business Park, Aberdeen. Oil & Gas UK Chief Executive Deirdre Michie Thursday formally opened the new Aberdeen base for Cameron Flow Control Technology (UK) Ltd. Accompanied by Cameron’s Regional Vice President, Global Vice-President for Services, Regional Manager and Business Development Director, Michie toured the new […]

  • 10 July 2014

    The U.S. Department of Energy (DOE) approved changes in control of Cameron LNG’s FTA authorization, and its conditional non-FTA authorization. On February 18, 2014, Cameron LNG, a unit of Sempra, filed an application with the Office of Fossil Energy (FE) of the DOE to transfer indirect control of two DOE/FE export authorizations that it currently holds. These […]

  • 4 August 2014
    Business & Finance, Equipment

    The co-star of the James Cameron’s latest film is not your typical Hollywood starlet. She’s 24-feet long, bright green and weighs approximately 11.8 tons. The one-of-a-kind, deep-diving submersible DEEPSEA CHALLENGER will travel from its home at the Woods Hole Oceanographic Institution (WHOI) to the American Museum of Natural History in Manhattan, on Mon., Aug. 4, […]

  • 28 July 2017

    Peterson has signed a letter of intent to lease some 1.2 million square feet of rental space in Port Cameron Logistics Center in Louisiana, a project being developed to serve offshore installations in the Gulf of Mexico. The letter of intent which was signed on Thursday follows a consultancy agreement Peterson had signed earlier this […]

  • 11 September 2015
    Research & Development

    Oil & Gas UK Chief Executive Deirdre Michie formally opened new Aberdeen base for Cameron Flow Control Technology (UK) Ltd. Accompanied by Cameron’s Regional Vice President, Global Vice-President for Services, Regional Manager and Business Development Director, Deirdre toured the new facility, which will increase Cameron’s capacity for repairs and rental services, customer storage and inventory management […]

  • 16 December 2011

    KBR Inc. announced the election of Jack B. Moore as member of the KBR Board of Directors, effective January 1, 2012. Mr. Moore is Chairman, President and Chief Executive Officer of Cameron International Corporation. He was named President and Chief Executive Officer in April 2008 and became Cameron’s Chairman of the Board in May 2011. […]

  • 22 October 2015

    Cameron, a provider of flow equipment products, systems and services to worldwide oil and gas industries, on Thursday posted a net income of $187 million for the third quarter of 2015, a drop when compared to $225 million in the same period last year.  Cameron reported fully diluted earnings per share, excluding discontinued operations and other costs, […]

  • 3 June 2014

    GE said that it has completed its acquisition of Cameron’s Reciprocating Compression division for $550 million USD. The division provides reciprocating compression equipment and aftermarket parts and services for oil and gas production, gas processing, gas distribution and independent power industries. Cameron’s Reciprocating Compression division has approximately 900 employees and operates from 20 global locations. Cameron’s […]

  • 28 March 2016

    Cameron, a provider of flow equipment products, systems and services to the oil and gas industry, has elected to express no opinion and remain neutral toward the offer by Schlumberger on March 22, 2016 to purchase up to $1.2 billion aggregate principal amount of the outstanding senior notes of Cameron. Cameron’s announcement arrives after Chinese Ministry of […]

  • 15 March 2011
    Business & Finance, Project & Tenders, Research & Development

      Cameron  has signed a Memorandum of Understanding (MOU) with Petrobras, confirming Cameron’s intent to enhance its research and development efforts in Brazil through a $30 million investment in R&D facilities at two locations. Cameron’s Jacarei plant in Sao Paulo State will add leading-edge testing capabilities, including a hyperbaric chamber, along with a high-pressure flow […]

  • 25 October 2011
    Business & Finance, Operations & Maintenance

    Cameron has elected Rodolfo Landim to the Company’s Board of Directors, effective October 18, 2011. Landim, 54, is currently the chief executive officer of YXC Óleo e Gás and Controlling Partner and Managing Director of Mare Investimentos S.A. Prior to that, he was president and chief executive officer of OSX Brazil, chief executive officer of […]

  • 1 September 2011
    Business & Finance

    Cameron has agreed to acquire LeTourneau Technologies Drillings Systems and Offshore Products divisions from Joy Global Inc.  for approximately $375 million in cash. The boards of Cameron and Joy Global Inc. have unanimously approved the transaction, which is subject to customary closing conditions. Closing is scheduled during the 4th quarter of 2011. LeTourneau is a […]

  • 31 August 2015

    Singapore’s Keppel Offshore & Marine (Keppel O&M) will buy Cameron’s offshore rigs business, which comprises the LETOURNEAU TM jack-up rig designs, rig kit business, and aftermarket services for $100 million. The designs Keppel is acquiring, which include theLETOURNEAU™ Super 116E, WORKHORSE, Super Gorilla XL and Jaguar, will add to Keppel’s offerings in the jack-up rig […]

  • 5 June 2012
    Business & Finance, Equipment

    Cameron has signed an agreement with CNOOC for the supply of subsea production systems in support of the “Panyu 35-1/2” deepwater gas field developments in the South China Sea. The contract is valued at approximately $100 million and the scope of supply includes six subsea production trees, production controls, one manifold, associated subsea equipment, rental […]

  • 27 November 2013
    Business & Finance, Human Capital

    Maersk Training has appointed Stuart Cameron as UK Managing Director. Mr. Cameron, who was previously managing Maersk Training in Newcastle, will now oversee both UK training centres in Aberdeen and Newcastle, and will be responsible for driving further the company’s expansion plans in the growing UK Oil & Gas, Maritime and Offshore Wind sectors. Stuart […]

  • 26 November 2012
    Business & Finance, Equipment

    Cameron announced 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. […]

  • 11 October 2011
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Cameron announced that it has signed an agreement with Det Norske for the supply of subsea production systems for the Jette development located in blocks 25/7 and 25/8 in the Norwegian sector of the North Sea. The scope of supply for this fast track development includes wellheads, trees, flow bases, electro-hydraulic multiplexed controls, connections, pipeline […]

  • 13 January 2014
    Business & Finance

    Cameron announced the retirement of John Carne as Chief Executive Officer of OneSubsea effective February 28, 2014. Carne has served as CEO of OneSubsea since the Cameron and Schlumberger joint venture was formed in June 30, 2013. Previously, Carne served Cameron for over 40 years in several senior level management positions, including Cameron’s Chief Operating Officer. Scott […]

  • 18 November 2015

    Schlumberger, the world’s largest oilfield services provider, and Cameron International Corporation jointly announced on Tuesday that the U.S. Department of Justice has cleared their proposed merger. The merger, announced in August 2015,  was cleared without any conditions, granting early termination of the waiting period required by the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect […]

  • 15 March 2011
    Business & Finance

      Cameron  has signed a Memorandum of Understanding (MOU) with Petrobras, confirming Cameron’s intent to enhance its research and development efforts in Brazil through a $30 million investment in R&D facilities at two locations. Cameron’s Jacarei plant in Sao Paulo State will add leading-edge testing capabilities, including a hyperbaric chamber, along with a high-pressure flow […]

  • 18 November 2015
    Business & Finance, Equipment, Operations & Maintenance

    The U.S. Department of Justice has approved the proposed merger of Schlumberger and Cameron without any conditions, granting early termination of the waiting period. The closing of the proposed merger remains subject to approval by Cameron stockholders and the satisfaction or waiver of the other closing conditions contained in the merger agreement between Schlumberger and […]

  • 2 December 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Cameron has been awarded a multi-year contract by ExxonMobil Canada Properties for wellhead equipment and production trees for the Hebron project, a 52-well development located offshore Newfoundland. Cameron will supply large-bore, high-pressure equipment including wellheads, production trees and risers. The contract also includes installation and commissioning services. Cameron Chairman and Chief Executive Officer, Jack Moore, […]