The
project
promises
to
be
twice
as
big
as
the
$1
billion
Sapinhoa
(Guara)-Lula
Northeast
contract,
awarded
to
Subsea
7
in
early
2011.
Two
of
the
riser
systems
will
be
deployed
on
chartered
FPSOs
that
will
be
used
as
pilot
production
projects
on
the
Guara
North
and
Cernambi
fields
and
discoveries
on
blocks
BM-S-11
and
BM-S-9.
First
production
on
these
units
is
scheduled
for
July
2014
and
October
2014,
respectively.
The
other
two
riser
systems
will
handle
production
on
FPSOs
to
be
deployed
on
Lula
Alto
and
Lula
Central.
These
are
part
of…