Mero floating production storage and offloading project – Libra block, Brazil – update
Name of the Project
Mero floating production storage and offloading (FPSO) project – Libra block.
Location
The project is located 180 km off the coast of Rio de Janeiro, Brazil, in the prolific presalt area of the Santos basin.
Project Owner/s
The Mero unitised field is operated by Petrobras (38.6%), in partnership with TotalEnergies (19.3%), Shell Brasil (19.3%), China National Petroleum Corporation (9.65%), China National Offshore Oil Corporation (9,65%) and Pré-Sal Petróleo SA, or PPSA (3.5%), representing government in the noncontracted area.
Project Description
The Mero field has been in preproduction since 2017.
The project comprises the construction of four FPSOs (Mero-1, Mero-2, Mero-3 and Mero-4), each with a liquid processing capacity of 180 000 bbl/d.
The project will deliver more than 650 000 bbl/d of oil equivalent in 2026.
Potential Job Creation
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Production startups are scheduled between 2023 and 2025.
FPSO Marechal Duque de Caxias (Mero-3) started production in October 2024.
The FPSO Sepetiba (Mero-2), announced first production in December 2023. The FPSO Guanabara (Mero-1) started production in May 2022.
Latest Developments
Shell Brasil announced the start of production of the FPSO Marechal Duque de Caxias in the Mero field, in the presalt area of the Santos basin, on October 31, 2024.
Key Contracts, Suppliers and Consultants
Malaysia International Shipping Corporation Berhad (chartering and provision of the FPSO to be installed at the Mero 3 development); and SBM Offshore (chartering and provision of the FPSO to be installed at the Mero 4 development).
Contact Details for Project Information
TotalEnergies media relations, tel +33 1 47 44 46 99 or mail presse@totalenergies.com.
TotalEnergies investor relations, tel +44 207 719 7962 orir@totalenergies.com.
Shell Brasilmedia international, tel +44 207 934 5550.
China National Offshore Oil Corporation, tel +55 21 2104 2900.
China National Petroleum Corporation, tel +86 10 5998 4538 or email admin_eng@cnpc.com.cn.
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