Profile: Cameron International Corp (CAM)
22 May 2015
Cameron International Corporation (Cameron), incorporated on November 10, 1994, provides flow equipment products, systems and services to global oil, gas and process industries through three business segments, Drilling and Production Systems (DPS), Valves & Measurement (V&M) and Process & Compression Systems (PCS). The DPS segment includes businesses that provide systems and equipment used to drill, control pressures and direct flows of oil and gas wells. The V&M segment includes businesses that provide valves and measurement systems primarily used to control, direct and measure the flow of oil and gas as they are moved from individual wellheads through flow lines, gathering lines and transmission systems to refineries, petrochemical plants and industrial centers for processing. The PCS segment includes businesses that provide standard and custom-engineered process packages for separation and treatment of impurities within oil and gas and compression equipment and aftermarket parts and services to the oil, gas and process industries. In 2013, Cameron and Schlumberger Limited joined together to form OneSubsea, a venture established to manufacture and develop products, systems and services for the subsea oil and gas market. Cameron is a 60% owner and manager of OneSubsea.
Drilling & Production Systems Segment
The products within this segment include drilling equipment packages, blowout preventers (BOPs), drilling risers, top drives, draw works, complete wellhead and Christmas tree systems for onshore and offshore applications, subsea production systems and manifolds and aftermarket parts and services. In addition, the DPS segment designs and manufactures structural components for land and offshore drilling rigs. The segment’s businesses also manufacture elastomers, which are used in pressure and flow control equipment and other petroleum industry applications, as well as in the petroleum, petrochemical, rubber molding and plastics industries. The businesses included in this segment are: Drilling Systems is one of the global suppliers of integrated drilling systems for onshore and offshore applications. These products are marketed under the Cameron, Guiberson, H&H CUSTOM, H&H Melco, LeTourneau, Lewco, OEM, Sense and Townsend brand names; Surface Systems designs and manufactures complete wellhead and Christmas tree systems for onshore and offshore applications – from conventional to high-pressure, high temperature systems, to specialized systems for dry completions and heavy oil. Surface Systems provides a complete portfolio of API 6A valves, chokes, actuators and artificial lift technologies marketed under the Cameron, Camrod, IC, McEvoy, Precision, SBS, Tundra, Willis and WKM brand names; OneSubsea is a provider of subsea production systems, subsea processing, controls, manifolds & wellheads. OneSubsea markets its products under the Cameron, Mars, McEvoy and Willis brand names.
Valves & Measurement Segment
The products in this segment include gate valves, ball valves, butterfly valves, Orbit valves, double block & bleed valves, plug valves, globe valves, check valves, actuators, chokes and aftermarket parts and services, as well as measurement products such as totalizers, turbine meters, flow computers, chart recorders, ultrasonic flow meters and sampling systems. The businesses included in this segment are: Distributed Valves provides a wide variety of valves used in the exploration, production and transportation of oil and gas. Distributed valves are marketed under the brand names AOP, Demco, Douglas Chero, Dynatorque, Maxtorque, Navco, Newco, Nutron, OIC, Techno, Texstream, Thornhill Craver, Wheatley and WKM; Engineered Valves provides a range of customized ball, gate and check valves serving the oil and gas production, pipeline, subsea and liquefied natural gas (LNG) markets. Products are marketed under the brand names Cameron, Entech, Grove, Ledeen, Ring-O, TK, Tom Wheatley and WKM; Process Valves provides valves under the brand names of General Valve, Orbit and TBV for use in critical service applications that are often subject to extreme temperature conditions, particularly in refinery, power generation (including nuclear), chemical, petrochemical, gas processing and liquid storage terminal markets, including LNG; Measurement Systems designs, manufactures and distributes measurement products, systems and solutions to the global oil and gas, process and power industries. The group’s main product brand names include Barton, Caldon, Clif Mock, Jiskoot, Linco and Nuflo; Aftermarket Services provides preventative maintenance, OEM spare parts, repair, field service, asset management and remanufactured products for valves and actuators.
Process & Compression Systems Segment
The products in this segment include oil and gas separation equipment, heaters, dehydration and desalting units, gas conditioning units, membrane separation systems, water processing systems, integral engine-compressors, separable reciprocating compressors, two and four-stroke cycle gas engines, turbochargers, integrally-geared centrifugal compressors, compressor systems and controls. Aftermarket services include spare parts, technical services, repairs, overhauls and upgrades. The businesses included in this segment are: The Process Systems & Reciprocating Compression (PRC) division represents a combination of the Company’s Process Services & Equipment (PSE) business and its Reciprocating Compression operations. Reciprocating Compression products and services are marketed under the Ajax, Cooper-Bessemer, CSI, Enterprise, Superior, Texcentric and TSI brand names; The Custom Process Systems (CPS) business provides custom-engineered process packages to oil and gas majors, national oil companies, independent operators and engineering, procurement and construction companies worldwide for separation and treatment of oil, gas, water and solids. The Company’s custom and standard and traditional process systems products are marketed under the Cameron, Consept, Cynara, Hydromation, KCC, Metrol, Mozley, NATCO, Petreco, Porta-test, Unicel, Vortoil and Wemco brand names; Centrifugal Compression manufactures and packages integrally geared centrifugal compressors and provides aftermarket services to customers across the world. Centrifugal plant air compressors, used primarily in industrial applications, are sold under the trade name of Turbo-Air.
The Company competes with Aker Solutions, Balon Corporation, Circor International, Inc., Dover Corporation, Dril-Quip, Inc., Emerson Process Management, FlowServ Corp., FMC Technologies, Inc., GE Oil & Gas Group, Stream-Flo Industries Ltd., National Oilwell Varco Inc., PBV-USA, Inc., Flotek Industries, Inc., Pibiviese, Robbins & Myers Fluid Management Group, SPX Corporation’s, Tyco International Ltd. and Weatherford, Ltd.
Cameron International Corp
STE 1700, 1333 WEST LOOP SOUTH
HOUSTON TX 77027