Oct 16 - Brazil's Petrobras Standardizes on Intergraph SmartPlant

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Brazil's Petrobras Standardizes on Intergraph SmartPlant

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HUNTSVILLE, AL, Oct 16, 2008 - Petroleo Brasileiro SA (Petrobras) (NYSE: PBR/PBRA), the Brazilian international energy company, has standardized on Intergraph offshore engineering and management software for the 3D design, production and life cycle optimization of its offshore platforms and floating production, storage and offloading (FPSO) vessels.

The world’s eighth largest oil company and a longtime Intergraph customer, Petrobras will completely adopt SmartPlant 3D modeling and visualization, engineering and schematics, information and materials management, and project controls solutions to enable Petrobras to more quickly and efficiently develop, operate and maintain its fixed offshore drilling platforms, semi-submersibles and FPSOs.

Petrobras has already used Intergraph solutions for 10 FPSOs, four semisubmersible floating production platforms, one gas platform and one re-pumping platform. Sisgraph, Intergraph’s Brazil-based distribution partner, will continue to support Intergraph offshore engineering solutions for Petrobras.

“Intergraph solutions have played a vital role in Petrobras’ drilling platform and FPSO development,” said Claudio Vianna, Petrobras engineering manager. “We are currently planning the full implementation of Intergraph technologies, which will help us to reduce costs and shorten project schedules so that we can more quickly and efficiently reach our objectives and increase oil production.”

A pioneer and leader in large scale drilling platforms and FPSOs, Petrobras is aggressively expanding its capacity to produce offshore structures and vessels so that it may tap the rich potential of a new discovery in the Gulf of Mexico and the ultra-deep Tupi and Santos Basin megafields off the coast of Brazil, which are among the largest in the world. The new ultra-deep megafields will push existing offshore technology to its limits and require platforms with exceptionally dense and complex structural and outfitting designs for which Intergraph’s next-generation offshore engineering solutions are uniquely suited.

Halsey Wise, Intergraph president and CEO, said, “We are proud to have an integral role in helping Petrobras realize the wealth of its highly significant oil discoveries. With global oil demand on the rise, every new find can help ease the burden placed on existing reserves.”

Reid French, Intergraph executive vice president and COO, said, “The potential of Petrobras’ new ultra-deep megafields discoveries is extremely relevant to the world today, and we look forward to providing the advanced engineering solutions to help this industry leader bring needed new energy resources to market.”

About Petrobras

Petrobras is a Brazil-based international energy company that performs in a profitable manner, with social and environmental responsibility. The eighth largest oil company and the eighth most respected company in the world, Petrobras operates in 27 countries. The 54-year old company produces more than 2 million barrels of oil per day and is traded on the world’s major stock exchanges.

For more information, visit www.petrobras.com.

About SISGRAPH

SISGRAPH has been providing Intergraph solutions to Brazil since 1980. SISGRAPH, which is headquartered in Sao Paulo, provides exclusive sales, consulting, implementation and training services - in its Training Center or in its customers’ facilities as well - for all Intergraph Process, Power & Marine products in Brazil and for all Intergraph Security, Government & Infrastructure products in Latin America and the Caribbean. SISGRAPH’S technical team of more than 100 engineers and specialists has deep knowledge of Intergraph products, its applications and the markets to which they are destined.

For more information, visit www.sisgraph.com.br.

About Intergraph

Intergraph is the leading global provider of engineering and geospatial software that enables customers to visualize complex data. Businesses and governments in more than 60 countries rely on Intergraph’s industry-specific software to organize vast amounts of data into understandable visual representations and actionable intelligence. Intergraph’s software and services empower customers to build and operate more efficient plants and ships, create intelligent maps, and protect critical infrastructure and millions of people around the world.

Intergraph operates through two divisions: Process, Power & Marine (PP&M) and Security, Government & Infrastructure (SG&I). Intergraph PP&M provides enterprise engineering software for the design, construction and operation of plants, ships and offshore facilities. Intergraph SG&I provides geospatially-powered solutions to the defense and intelligence, public safety and security, government, transportation, photogrammetry, utilities, and communications industries.

For more information, visit www.intergraph.com.

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