Project Profile
Value: US$12,000 million
Location: Block BM-S-11, Santos Basin
Water depth: 2,126 m
Production: 651,700 bpd (April, 2017)
729,500 bpd of oil and 31.6 mcm per day of gas (January, 2017)
800,000 bpd of oil and 32 mcm per day (200,000 boepd) of gas (july, 2017)
Start-up year: August 2013
The exploration block with the target being deep sub-salt plays. Block BM-S-11 lies 250 km off the south coast of Rio de Janeiro. The Lula well, also known as Tupi, is located in water depth of 2,126 m and holds an estimated 5B-8Bb of recoverable oil and natural gas. The gravity of the oil is 28º API. The discovery has estimated reserves of 12 billion to 30 billion barrels of oil equivalent of recoverable light oil and natural gas. The Lula field lies below the ocean under almost 3,048 m of sand and rocks and a layer of salt some 1,981 m thick. The salt formation in this region is over 800 km long, extending along the coast of southeastern Brazil below waters that are 1524 to 3048 m deep. The find is particularly important because it will provide a source of light crude for Brazilian refineries, which were built before Brazil started producing oil and are not made to handle the country’s heavy crude. Peak production at Lula will probably reach 1 million to 1.2 million bpd between 2022 and 2024.
Petrobras has begun the start-up of the Lula Central production system, with the interconnection of the first production well (8-LL-81D-RJS) to FPSO Cidade de Saquarema and the production stabilization at around 30 Mbpd. (July, 2016)
Operators:
Petrobras: Operator with 65% interest
Shell: 25% interest
Petrogal - a JV comprising of Galp (70%) and Sinopec (30%)- 10% interest
Contractors:
Aker Solutions: EPC for topside seawater treatment and sulphate removal module/ Also a pair of contracts to provide subsea equipment
Allseas: EPC for pipeline development
Baker Hughes: Drilling system
Bohai Oil Marine Engineering & Supply Company (Bomesc): EPC for sulphur removal unit, electric housing, pipe rack, fuel gas system and chemical injection system
BW Offshore: FPSO for production test
CGGVeritas: 3D survey
CompactGTL: Gas-to-liquids technology
Consortium for pipeline EPC:
Corus UK Ltd.
TenarisConfab
Consortium for FPSO hull EPC:
Engevix
GVA Consultants (KBR Company)
Consortium for Cidade de Paraty FPSO charter and EPC:
SBM Offshore (50.5%)
QGOG - Queiroz Galvao (20%)
Nippon Yusen Kabushiki Kaisha (9101.TO) (17.5%)
Itochu Corporation (8001.TO) (12%)
Honeywell: Provide natural gas processing membrane systems
Modec Inc.: FPSO Cidade de Angra dos Reis MV22 (Marubeni, Mitsui and Mitsui OSK Lines invested in a charter for this vessel March 2012)
Noble Drilling: Drilling contractor
Oceaneering: Umbilicals contract
Rolls-Royce: 32 RB211 gas turbine power generation packages, including waste-heat recovery units
Saipem: Engineering, procurement, construction and installation contract for an export trunkline as well as a new E&C contract
SBM Offshore: Two floating production storage and offloading vessels own and operated with partner Queiroz Galvão Óleo e Gás S.A.
Sembcorp Marine: Construction of 8 modules and module integration works for 2 FPSO vessels
Sofec Inc.: Spread mooring
Steuer Nederland: Provide bulk stainless steel pipes, fittings, and flanges
Subsea 7: Four riser systems and installation of flexible lines
Technip: Flexible pipeline and EPC for pipelay development and supply flexible pipes for the Iracema Sul field. And in March 2015 a contract estimated to be above US$556 million covering the supply of around 200 kilometres of flexible pipes and associated equipment, including gas lift, gas and water injection, gas export and production lines.
Wärtsilä Hamworthy: Supply its flare gas recovery packages to four FPSO units under construction
Wellstream: Pilot flexible risers
Balltec: Contract to provide the first Buoy Supported Riser (BSR) system for the Guara project
Sub Contractors:
ABB: Electrical module
BMT Scientific Marine Services (BMT): Provide riser monitoring systems for two Free Standing Risers and four Steel Lazy Wave Risers for Saipem
Cameron: Supply shipbuilder SBM Offshore with gas-processing packages for the FPSO vessel
China Offshore Oil Engineering Company (COOEC)
COSCO: Convert an VLCC tanker, Sunrise IV, to an FPSO vessel for MODEC
Dalian Shipbuilding Industry Co Ltd.: Hull and marine system EPC for Modec\'s
DOF Subsea: Survey and positioning services for Technip
Dresser-Rand: Compressors
Fluke Engenharia: Fabricate 27 suction piles
Keppel FELS Ltd.: Upgrade of FPSO for BW Offshore
Lankhorst Euronete: Provide the polyester mooring lines for the FPSO Cidade de Itaguaí MV26 awarded by SOFEC
Oil States International: Steel catenary riser terminations
Parker Hannifin: Steel wire tether system
Sulzer Pumps: Supply 42 pumps for two FPSOs deployed to the presalt Iracema cluster areas for Keppel FELS
Cougar Automation: Development and commissioning of an innovative control system for Balltec to use on the first Buoy Supported Riser (BSR) system installed on Brazil’s Guara-Lula Project. Cougar Automation was commissioned by Balltec to design a dedicated control and automation system consisting of a surface-mounted primary control that would control the movement of the buoy support system via tether adjustment, using a linear chain tensioner. This was required in order to manage the tension in the risers.