First oil is not expected from the giant pre-salt block, just auctioned this month to a Petrobras-led consortium, until 2020 with ramp-up to continue over four years, chief executive Maria das Gracas Foster said last week.

Field development contracting is years away and impossible to predict at present, Philippe Levy, Brazil country director at SBM Offshore, told Upstream on the sidelines of OTC Brasil.

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