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Subsea Contract for Papa-Terra Field in Brazil

21 October 2010

Technip has been awarded by Papa Terra BV a contract for the supply of Integrated Production Bundles (IPB) for the Papa-Terra field. This field is located at a water depth of 1,200 meters in the Campos Basin, approximately 110 kilometers offshore Brazil.

The contract includes the engineering, procurement, manufacturing and supply of 27 kilometers of IPB risers and flowlines, and an electrical and monitoring module that will be installed on the P-63 floating production, storage and offloading unit (FPSO).

Technipís IPB technological solution will be used in the heavy oil Papa-Terra field to increase the temperature of the produced fluid after long shut-downs in order to reduce its viscosity, thus enabling well production restart. A new and innovative monitoring system, using the distributed temperature sensor (DTS) technology, has been specially developed for this application and will be incorporated in the IPB for the first time.

Technip's operating center in Rio de Janeiro, Brazil will perform this contract. The IPBs will be manufactured at the Groupís manufacturing plants and the electrical and monitoring module will be designed and procured by Technip Brazil. The delivery of the modules and the IPBs are respectively scheduled for the 1st quarter and the end of 2012.