MCO Receives Order for Six Compressor Packages

Press Release
Wednesday, March 14, 2012

Tokyo - Mitsubishi Heavy Industries Compressor Corporation (MCO), a wholly-owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order for six compressor packages, to be installed on a floating production, storage and offloading system (FPSO), which Tupi BV plans to operate in the area of BM-S-11 at Brazil's coast. The compressor packages are the core unit of equipment to export natural gas extracted from oil fields.
MCO received the order from MODEC Offshore Production System (Singapore) Pte Ltd., a subsidiary of MODEC Inc. MCO will be responsible for the design, procurement, manufacture and yard test of the compressor packages.
The FPSO, with compressor package on board, is slated to arrive at Cernambi South area, approximately 300 kilometers south of Rio de Janeiro, in the third quarter of 2014. The FPSO will have a capacity to produce 150,000 barrels (approximately 24,000 cubic meters) of crude oil and 280 million standard cubic feet (approximately 8,000,000 cubic meters) of gas per day.
Previously, MCO delivered compressors in 2011 for a FPSO, which Petrobras is deploying for use at the Sapinhoá field. MCO believes its design, manufacturing and engineering capability, including engineering services for various gas compression systems, contributed to the awarding of this order.

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