Honeywell's UOP Technology Selected By Petrobras For Offshore Natural Gas Processing In Brazil

  Honeywell's UOP Technology Selected By Petrobras For Offshore Natural Gas
                             Processing In Brazil

Chemical-free membrane systems will be used to safely clean natural gas aboard
up to eight new Floating Production, Storage and Offloading (FPSO) vessels
operated by Petrobras

PR Newswire

DES PLAINES, Ill., Nov. 28, 2012

DES PLAINES, Ill., Nov. 28, 2012 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE:
HON) company, announced that its technology has been selected by Petrobras to
process natural gas aboard up to eight Floating Production, Storage and
Offloading (FPSO) vessels.

Honeywell's UOP Separex^™ membrane systems will be installed on the new FPSOs
that will operate in the Lula oil field. Each Separex membrane system will
remove carbon dioxide and water from as much as 6  million standard cubic
meters of natural gas per day.

"The continued selection of our gas processing membrane systems extends a long
business relationship with Petrobras," said Rebecca Liebert, vice president
and general manager for gas processing and hydrogen at Honeywell's UOP. "UOP
Separex technology offers high hydrocarbon recovery, a solvent-free process
and low operating costs."

Petrobras awarded the units in October 2011, and Honeywell's UOP is slated to
deliver the units between 2013 and 2017. Commissioning will take place between
2014 and 2017. The new UOP Separex systems for Petrobras join two units
already installed aboard FPSOs owned and operated by a third party in the Tupi
and Guara fields.

Honeywell's UOP, which opened a sales office in Rio de Janeiro in 2011 to
better serve the growing oil and natural gas sectors in Latin America, will
fabricate a significant portion of the membrane system locally in Brazil.

Separex technology upgrades natural gas streams by removing carbon dioxide and
water vapor. These contaminants must be removed to meet the quality standards
specified by pipeline transmission and distribution companies, as well as end
users of the natural gas. Within systems designed to a compact footprint,
Separex membranes are the thinnest in the industry, yet have the longest
membrane life in natural gas service. Separex membranes eliminate the need for
solvents, which could spill and damage the marine ecosystem.

Honeywell's UOP technology operates with very high on-stream factors for
difficult-to-treat gas streams in remote locations. Systems can be used
onshore or offshore, at the wellhead or at gathering facilities. To date, more
than130 of Honeywell's UOP membrane systems have been installed worldwide.

This year, Honeywell's UOP acquired a 70 percent stake in Thomas Russell Co.,
a leading provider of technology and equipment for natural gas processing and
treating. With the acquisition, Honeywell's UOP expands its offering of key
technologies and products that allow shale and conventional natural gas
producers to remove contaminants from natural gas and recover high-value
natural gas liquids used for petrochemicals and fuel.

In 2011, Honeywell's UOP expanded its portfolio of natural gas treatment
technologies through an exclusive marketing alliance with the
Netherlands-based Twister B.V.The company now offers the Twister supersonic
gas separation technology, which is used to remove water and heavy
hydrocarbons present in natural gas when it comes out of the ground. Read more
about Honeywell's UOP gas processing technologies at
www.uop.com/gasprocessing.

Located in the pre-salt development area of the Santos Basin off the coast of
Brazil, the Lula field is operated by Petrobras in partnership with BG Group
(United Kingdom), Repsol (Spain) and Galp (Portugal).

Petrobras, a publicly traded corporation, is a Brazilian global energy company
leading the sector in the implementation of the most advanced deep-water
technology for oil production.

UOP LLC, headquartered in Des Plaines, Illinois, USA, is a leading
international supplier and licensor of process technology, catalysts,
adsorbents, process plants, and consulting services to the petroleum refining,
petrochemical, and gas processing industries. UOP is a wholly-owned subsidiary
of Honeywell International, Inc. and is part of Honeywell's Performance
Materials and Technologies strategic business group. For more information, go
to www.uop.com.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and
manufacturing leader, serving customers worldwide with aerospace products and
services; control technologies for buildings, homes and industry;
turbochargers; and performance materials. Based in Morris Township, N.J.,
Honeywell's shares are traded on the New York, London, and Chicago Stock
Exchanges. For more news and information on Honeywell, please visit
www.honeywellnow.com.

This release contains "forward-looking statements" within the meaning of
Section 21E of the Securities Exchange Act of 1934. All statements, other than
statements of fact, that address activities, events or developments that we or
our management intend, expect, project, believe or anticipate will or may
occur in the future are forward-looking statements. Forward-looking statements
are based on management's assumptions and assessments in light of past
experience and trends, current conditions, expected future developments and
other relevant factors. They are not guarantees of future performance, and
actual results, developments and business decisions may differ from those
envisaged by our forward-looking statements. Our forward-looking statements
are also subject to risks and uncertainties, which can affect our performance
in both the near- and long-term. We identify the principal risks and
uncertainties that affect our performance in our Form 10-K and other filings
with the Securities and Exchange Commission.

SOURCE Honeywell

Website: http://www.uop.com
Contact: Krystal Hughes, +1-847-391-3561, krystal.hughes@honeywell.com
 
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