Additional Work Completed on P-63 FPSO

Additional Work Completed on P-63 FPSO

With a capacity to process 140 thousand barrels of oil and compress one million m3 of gas per day, the unit connects the production system in the Papa Terra field, in the Campos Basin post-salt

The P-63 platform-vessel ended being temporarily located in Ilha de Santana, in Macaé (RJ) on Friday (August 23), after being finished, strictly within the set period, additional works resulting from a change in the underwater layout of the wells was carried out to adhere to environmental licensing conditions. The P-63, which is scheduled to start production on October 23, is among the new units coming on stream in 2013, contributing to an increase in the Company’s oil production as well as reaching production targets forecast in the 2013-2017 Business and Management Plan.

With a capacity to process 140,000 barrels/day of oil and compress one million m3/day of gas, the unit continues on its journey, with the help of tugs, to its final destination in the Papa-Terra field in the post-salt Campos Basin, operated by Petrobras (62.5%) in partnership with Chevron (37.5%).

The P-63 was converted into an FPSO (Floating Production, Storage and Offloading) from the tanker BW Nisa at the Cosco Shipyard in China, with the latter stages of construction carried out at the QUIP/Honorio Bicalho construction site in Rio Grande (RS). The services were carried out by the Quip consortium (Queiroz Galvão, UTC, Iesa and Camargo Correa) and BW Offshore and employed about 1,500 workers at peak construction.

Technical Data

Hull Dimensions (length x width. x height) 340m x 58m x 28m

Accommodation: for 110 people

Total topside weight (deck/modules): 18,500 tons

Local Content of the Stationary Production Unit: 65%

Oil Production: 140,000 barrels per day

Gas Compression: One million m3 per day

Water Injection: 340,000 barrels per day

Investment: US$ 1.3 billion

Press Release, August 26, 2013