QGOG and BW Offshore Provide Operational Services to PAPA TERRA FPSO

QGOG Constellation S.A. (“QGOG Constellation”) announces that Queiroz Galvão Óleo e Gás S.A. (“QGOG”), together with BW Offshore do Brasil Ltda., began providing operational services to the PAPA TERRA FPSO (P-63) on June 18, 2013.

The unit is owned by Papa-Terra BV and was built by a joint venture formed by QUIP and BW Offshore. The FPSO-63 will soon be mobilized to Papa Terra field in the Campos Basin. The field is operated by Petrobras, together with Chevron, and is located 110 kilometers off the Brazilian cost. QGOG’s technical staff assisted in the integration and commissioning of the unit. The operation contract will have a duration of three years.

FPSO-63, which has capacity to process 140 thousand barrels of oil per day and 1 million cubic meters of gas per day, is one of the most modern FPSOs in the world in terms of heavy oil processing.

Press Release, June 21, 2013; Image: Petrobras