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FPSO Cidade de Itajaí www.teekay.com

Teekay Petrojarl FPSO Cidade de Itajai (Fact Sheet)

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The Cidade de Itajai is owned and operated by Teekay and Odebrecht Oil & Gas in a 50/50 Joint Venture and is the third FPSO introduced into the Brazil offshore market by Teekay and its publicly traded subsidiary, Teekay Offshore Partners L.P. (Teekay Offshore). The Cidade de Itajai FPSO has a storage capacity of 650,000 barrels, a processing capacity of 80,000 barrels of oil per day (bopd) and compression capacity of 2 million cubic meters of natural gas per day. The Cidade de Itajai FPSO conversion took place at Sembcorp Marine's Jurong Shipyard in Singapore.

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Page 1: Teekay Petrojarl FPSO Cidade de Itajai (Fact Sheet)

FPSO Cidade de Itajaí

www.teekay.com

Page 2: Teekay Petrojarl FPSO Cidade de Itajai (Fact Sheet)

Teekay Petrojarl AS

Beddingen 16

N-7014 Trondheim

Norway

Tel: +47 73 98 30 00

Design

Contract

First Oil

Contract Status

Client

Duty Holder

Status

Field Location

Country

Water Depth

New/Conversion

Mooring Type

Riser Slots

Accommodation

Storage Capacity

Oil Production

Produced Water

Total Liquids

Gas Handling

Water Injection

Unit Name FPSO Petrojarl Cidade de Itajaí

Ship Shape

Time Charter

Q1 2013

Q4 2021 + options, (1 x 6 years)

Petrobras

Petrobras

Under conversion at Jurong Yard, Singapore

Tiro e Sidon Field

Brazil

70 - 1000m

Conversion

Spread Mooring / 16 lines

34

70

650,000 bbls

80,000 bopd

76,000 bwpd

80,000 bpd

76 mmscfd

96,000 bwpd