FPSO OSX-1 Mooring System Enroute to Brazil

Maritime Activity Reports, Inc.

September 15, 2011

The disconnectable buoy that comprises the mooring system of the FPSO OSX-1 (floating production, storage and offloading unit for oil and gas) belonging to OSX, an EBX Group company, has already departed Batam in Indonesia and will arrive in Rio de Janeiro in September. It will be used for producing the first oil by OGX at Waimea in the Campos Basin. This is a large scale piece of equipment, with a height of approximately 17m, a diameter of 14m and weighing over 700 tons. The buoy will be responsible for interconnecting the OSX-1 to well OGX-26 via flexible piping and umbilicals. Production estimates for this well is for up to 20,000 barrels of oil per day already in 2011. The mooring chain, piles and steel wire rope of the FPSO OSX-1 are already in Brazil.The prior installation of this mooring system in Rio de Janeiro will allow for quick connection of the unit, reducing the time required between the arrival of the OSX-1 and the start of its operation.
www.osx.com.br

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