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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

UOP Separex™ process technology to clean natural gas aboard four new Floating
Production, Storage and Offloading (FPSO) vessels operated by Petrobras

PR Newswire

DES PLAINES, Ill., June 26, 2013

DES PLAINES, Ill., June 26, 2013 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE:
HON) company, announced today that its technology has been contracted by PNBV,
a subsidiary of Petrobras, to supply UOP Separex™ membrane systems to process
natural gas aboard four Floating Production, Storage and Offloading (FPSO)
vessels.

The vessels will process natural gas extracted from Petrobras' Lula pre-salt
oil reserves, one of the largest and most significant worldwide oil
discoveries in recent years.

Honeywell's UOP Separex membrane systems will be installed aboard the FPSOs to
remove carbon dioxide and water from 7 million standard cubic meters of
natural gas per day. Earlier this year, Honeywell's UOP announced a similar
project with Petrobras for eight FPSO units to be operated in Brazil's Santos
basin oil fields.

"The high levels of carbon dioxide, space limitations, and extreme
environmental conditions make natural gas clean-up in the Brazilian pre-salt
fields a challenge, but UOP Separex technology was designed to excel under
these circumstances," said Rebecca Liebert, senior vice president and general
manager for Honeywell's UOP gas processing and hydrogen business unit.
"Separex systems are compact and solvent-free, and are often ideal for
difficult-to-treat gas streams in remote locations, making it well-suited for
offshore gas processing. We are pleased Petrobras has once again accepted this
technology."

In addition to providing Separex technology, Honeywell's UOP will provide
ongoing offshore technical support and staff training for the project, which
is expected to start up throughout 2016 and 2017.

Honeywell's UOP opened a sales office in Rio de Janeiro in 2011 to better
serve the growing oil and natural gas sectors in Latin America. A significant
portion of the membrane systems for this project will be fabricated locally in
Brazil.

Honeywell's UOP 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. UOP has utilized
Honeywell's advanced polymer technology capabilities to continue innovating
Separex membranes for higher flux and higher selectivity. Higher flux means
operators can process more gas using the same elements. Higher selectivity
allows operators to maintain more high-value hydrocarbons during processing,
which increases the customer's bottom line.

Separex membranes eliminate the need for solvents, which present challenges in
marine applications. Separex 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.

Last year, Honeywell's UOP expanded its natural gas offerings by acquiring 70
percent stake in Thomas Russell Co., a leading provider of technology and
equipment for natural gas processing and treating, and by establishing the UOP
Russell product line. The UOP Russell line includes technology and modular
equipment that allows shale and conventional natural gas producers to remove
contaminants from natural gas, and to recover high-value natural gas liquids
used for petrochemicals and fuel.

In 2011, Honeywell's UOP expanded its portfolio of natural gas hydrocarbon
management technologies through a 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.
Honeywell's UOP also has a marketing alliance with Ortloff Engineers Ltd. for
natural gas separation technology to recover NGLs. Read more about Honeywell's
UOP gas processing technologies at www.uop.com/gasprocessing.

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 certain statements that may be deemed "forward-looking
statements" within the meaning of Section 21E of the Securities Exchange Act
of 1934. All statements, other than statements of historical fact, that
address activities, events or developments that we or our management intends,
expects, projects, believes or anticipates will or may occur in the future are
forward-looking statements. Such statements are based upon certain assumptions
and assessments made by our management in light of their experience and their
perception of historical trends, current economic and industry conditions,
expected future developments and other factors they believe to be appropriate.
The forward-looking statements included in this release are also subject to a
number of material risks and uncertainties, including but not limited to
economic, competitive, governmental, and technological factors affecting our
operations, markets, products, services and prices. Such forward-looking
statements are not guarantees of future performance, and actual results,
developments and business decisions may differ from those envisaged by such
forward-looking statements. 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.honeywell.com
Contact: Krystal Hughes, +1-847-391-3561, krystal.hughes@honeywell.com
 
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