AMEC wins deepwater P63 FPSO contract offshore Brazil

31/01/2010


Houston, United States (01 February 2010) – AMEC, the international engineering and
project management company, today announced that it has been selected by Brazilian
company, QUIP, to perform basic engineering services for the topsides of the P-63
floating production, storage and offloading (FPSO) vessel, to be operated on behalf of
Petrobras, Brazil’s national oil company.

The contract, the value of which has not been announced, begins immediately and will
run until mid-2010.

The P-63 FPSO will develop the Papa Terra heavy oil field in the Campos Basin,
offshore Brazil. The field is located about 68 miles (110 kilometres) off Rio de Janeiro in
water depths of up to 3,940 feet (1,200 metres).

-We are very pleased to continue our collaboration with QUIP and Petrobras,” said Terri
Ivers, president of AMEC’s Houston-based oil and gas business. -AMEC has completed
similar project work in the region including Petrobras’ P-7 and P-9 semi-submersibles,
and their P-19 and P-31 FPSO vessels. This award further strengthens AMEC’s position
and experience portfolio in the development of deepwater facilities following on from
recent awards in the Gulf of Mexico and deepwater Angola.”

The P-63 FPSO will have about 16 topsides modules with a total weight of over 14,000
metric tons. The topsides facilities include three oil processing modules; one gas
compression module; three electrical power generation modules; two water treating and
injection modules; one electrical building module; three utilities modules; one flare
system module; and two manifold modules. In addition, a pipe rack over 200 metres long
will be designed to incorporate a material handling trolley.

The FPSO topsides facilities will be designed to process approximately 140,000 barrels
per day (BPD) of crude oil, 35 million standard cubic feet per day of gas and
325,000 BPD of produced water. Facilities to inject approximately 340,000 BPD of
seawater are also included.

Engineering for the P-63 FPSO topsides will be managed from AMEC’s Houston offices.
Fabrication and integration will be conducted at QUIP’s facility in Rio Grande, Brazil.

- Ends -

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