Leading Oil Drilling and Production Equipment Manufacturer Chooses GE Fanuc as Critical Controls Supplier for Newly Enhanced Subsea System

Leading Oil Drilling and Production Equipment Manufacturer Chooses GE Fanuc as Critical Controls Supplier for Newly Enhanced Subsea System
CHARLOTTESVILLE, Va. ¾ July 8, 2002 ¾ Cameron, a division of Cooper Cameron Corporation and a leading international manufacturer of oil and gas pressure control equipment, has chosen GE Fanuc Automation North America, Inc., as the critical controls supplier for its enhanced CAMTROL™ Subsea Production Control Systems product line. The CAMTROL system is currently operating subsea in major installations in Asia Pacific, Europe and West Africa for such companies as ChevronTexaco and Amerada Hess. The first CAMTROL system incorporating the GE Fanuc controls will be installed later this year in the Asia Pacific.

"Cameron Controls chose the GE Fanuc automation because of reliability certifications from independent agencies, simplicity of programming, and the capability of the application logic built into the processors,” said Don Schortgen, vice president of Cameron Controls. “GE provides hardware to various segments within the subsea market, and we are confident of rapid customer acceptance. The GE network of global support is also critical to the overall support of our customers.”

Anthony George, CEO of Optivelo Corporation, which specified and integrated the control components, said, “We work with controls from a variety of manufacturers and felt that GE Fanuc offers the best mix of critical control products and expertise, which are crucial in this application.”

Cameron’s CAMTROL systems will incorporate GE Fanuc’s reliable Series 90™-70 Critical Control TÜV SIL 3 Certified GMRÒ Solution PLCs and CIMPLICITY® HMI Plant Edition Version 6.0 software, which offer such capabilities as advanced diagnostics, remote monitoring, design modularity and increased redundancy. The worldwide support of GE will also enhance Cameron’s global network of CAMSERV™ Service Centers for aftermarket service.

“Incorporating GE Fanuc’s TÜV SIL 3-certified critical control solution into Cameron’s subsea system is an excellent fit from both product functionality and corporate philosophy standpoints,” said Kevin O’Connor, vice president of GE Fanuc. “Both GE Fanuc and Cameron have implemented Six Sigma programs extensively and are committed to using this methodology to achieve the highest quality products and services that provide a competitive advantage to customers.”

About Cameron
Cameron is a manufacturer of drilling and production equipment, valves, and related products. Product lines include Cameron®, W-K-M®, Demco®, McEvoy®, Willis®, Foster®, Orbit®, and Thornhill Craver™. Cameron has manufacturing facilities worldwide. Cooper Cameron is also a leading international manufacturer of centrifugal air compressors, integral and separable gas compressors, and turbochargers.

About Optivelo
Optivelo delivers integrated production solutions to Global 1000 industrial clients. The engineering services company designs, builds and installs industrial automation and control systems using Distributed Control Systems (DCS), Programmable Logic Controllers (PLC) and Hybrid Distributed Control Systems. Optivelo's primary markets are energy, petrochemical and refining.

About GE Fanuc Automation
GE Fanuc Automation North America, Inc., is a leading global supplier of automation solutions and is a joint venture between GE and FANUC, LTD of Japan. GE Fanuc products and services include CIMPLICITY® collaborative production management software, nano to high-end PLCs, a wide range of CNCs, motion control, operator interfaces, industrial computers, critical control and safety systems, lasers, and a wide range of integration and customer support services. Headquartered in Charlottesville, Va., GE Fanuc is part of GE Industrial Systems. For more information, visit www.gefanuc.com.

About GE Industrial Systems
GE Industrial Systems spans the globe as an industry leader in integrated industrial equipment, systems and services. The business brings to customers the latest technological products used to distribute, protect and control electrical power and equipment, and provides innovative product and service solutions for commercial, industrial, residential and utility applications. Headquartered in Plainville, Connecticut, USA, GE Industrial Systems (www.geindustrial.com) is one of the major businesses of the General Electric Company.

For more information, visit www.gefanuc.com or contact:
GE Fanuc Information Center
P.O. Box 8106
Charlottesville, VA 22906
e-mail: gefanuc@gefanuc.com
Phone: (800) 648-2001
Fax: 434-978-5205
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