Shell Global Solutions to provide expertise for new Oilmoz Refinery in Mozambique

06/05/2009

Oilmoz Ltda. (Oilmoz) has signed an agreement with Shell Global Solutions International B.V. (Shell Global Solutions) for a configuration and feasibility study for Oilmoz's new greenfield refinery in Mozambique.

In addition, Shell Global Solutions will prepare a Basis of Design (BOD) for the 350,000 barrels per day refinery in the Maputo province. The agreement is intended to form the start of a longer-term relationship between Oilmoz and Shell Global Solutions on this Greenfield refinery project.
Shell Global Solutions' study will help Oilmoz choose the best possible refinery design to meet future energy demand and environmental regulations. The BOD will be the basis for the development of the refinery construction project's basic design packages.
Shell Global Solutions will focus on the following:

• Defining the most cost-efficient configuration for the refinery based on the projected business environment;
• Optimizing the integration of the design and operation process;
• Providing a solid foundation in the study, enabling an efficient and seamless transition to the subsequent design phases; and
• Delivering a basis of design that will be the foundation for the further development of the greenfield refinery project.

Ed Daniels, VP Commercial, Shell Global Solutions International B.V., said: "Our mission for Oilmoz is to enable a robust and sustainable operation, from day one, with world-class performance. From our experience on projects like this, we understand that the safe implementation and operation, smooth start-up and assurance of integrity and reliability of the assets are vital for a sustainable production over the life cycle of the project."
Dr. Leonardo Simão, Chairman, Oilmoz, said: "We believe in Shell Global Solutions' expertise and long-standing experience in similar large projects. We look forward to building this relationship and are certain that Shell will help us achieve operational excellence."

Fausto Cruz, CEO, Oilmoz, said: "We trust that with Shell Global Solutions, Oilmoz will achieve a professional feasibility study, including, but not limited to a BOD "Basis of Design" / BOP or BEP and further agreements are under discussions as Oilmoz intend to establish a long term relationship with Shell Group, which include crude oil supply and product off-take agreements with Shell's affiliate STASCO, management and know-how, project support in the form of technical services, advice throughout the project, during the commissioning and start-up of the units and also continuing thereafter during operations."