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AZURITE

January 29, 2009

First FDPSO leaves Keppel

The world's first Floating, Drilling, Production, Storage and Offloading vessel (FDPSO), which is owned by Prosafe Production, left Keppel Shipyard in Singapore on January 24, 2009. After a short stay at anchorage, it will head for the Republic of Congo where it will be deployed at Murphy West Africa Ltd's (a subsidiary of Murphy Oil Corporation) deepwater Azurite development in the Mer Profonde Sud Block.

Named the Azurite, this first of its kind FPSO with drilling capabilities is equipped with a modular drilling package that can be removed and reused elsewhere when the production wells have been drilled. The Azurite has a storage capacity of 1.4 million barrels of oil and a process capacity of 60,000 bfpd/40,000 bopd and will be spread-moored at a water depth of 1,400 meters.

Prosafe Production has been responsible for the FPSO conversion, while Murphy West Africa Ltd (Murphy) has been responsible for the drilling scope. After conversion, Prosafe Production is responsible for the operation and maintenance of the vessel, while Murphy is responsible for drilling operations.


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