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    Bijupir and Salema fields achieve first oil

    Projects and Operations // September 1, 2003
    MODEC International LLC, a consolidated subsidiary company of MODEC Inc, has initiated production from the Bijupir* and Salema fields offshore Brazil for Shell Brasil Ltda.

    The contract included the supply the of a Floating, Production, Storage andOffloading (FPSO) vessel, external turret mooring system, flowlines, risersand five Subsea manifolds. The EPCI contract also includes 13 years ofoperations that will be undertaken by MODEC.

    The FPSO Fluminense has an oil processing capacity of 81,000 barrels of oil per day, gas handling of 75 million cubic feet per day, water injection of 92,000 barrels per day and storage capacity of 1.2 million barrels.

    The Bijupir* and Salema fields are located adjacent to each other in theCampos Basin, some 175 miles from Rio de Janeiro, in water depths rangingfrom approximately 470m to 800m. Artificial lift is required to raisethe reservoir fluids to the surface for processing. Reservoir pressure willbe maintained by injection of seawater at high pressure to assist oilrecovery.

    "We are pleased to have successfully completed this EPCI, full fielddevelopment contract," said Shashank Karve, President and CEO - MODECInternational LLC. "We look forward to working with Shell and the localBrazilian industry in the successful operations of the FPSO Fluminense for the next 13 years."

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