The predictability of the atmosphere at short and long time scales, associated with the coupling to the ocean, is explored in a new version of the Modular Arbitrary-Order Ocean-Atmosphere Model (MAOOAM), based on a 2-layer quasi-geostrophic atmosphere and a 1-layerreduced-gravity quasi-geostrophic ocean. This version features a new ocean basin geometry with periodic boundary conditions in the zonal direction. The analysis presented in this paper considers a low-order version of the model with 40 dynamical variables. First the increase of surface friction (and the associated heat flux) with the ocean can either induce chaos when the aspect ratio between the meridional and zonal directions of the domain of integration is small, or suppress chaos when it is large. This reflects the potentially counter-intuitive role that the ocean can play in the coupled dynamics. Second, and perhaps more importantly, the emergence of long-term predictability within the atmosphere for specific values of the friction coefficient occurs through intermittent excursions in the vicinity of a (long-period) unstable periodic solution. Once close to this solution the system is predictable for long times, i.e. a few years. The intermittent transition close to this orbit is, however, erratic and probably hard to predict. This new route to long-term predictability contrasts with the one found in the closed ocean-basin low-order version of MAOOAM, in which the chaotic solution is permanently wandering in the vicinity of an unstable periodic orbit for specific values of the friction coefficient. The model solution is thus at any time influenced by the unstable periodic orbit and inherits from its long-term predictability.