TotalEnergies reaches first oil at 180,000-bopd Brazil project

RIO DE JANEIRO, October 30, 2024 – TotalEnergies is celebrating first oil at the third phase of its Mero field project off the coast of Brazil, the company announced on Wednesday.

The Mero field is located in the Libra block, around 180 kilometres offshore of Rio de Janeiro.

The Mero-3 project includes 15 wells connected to the Marechal Duque de Caxias FPSO, which has a production capacity of 180,000 bopd. Its start-up will raise the overall production capacity of Mero field to 590,000 bopd.

A fourth development phase, also of 180,000 bopd, is under construction, with start-up expected in 2025.

The Mero field is operated by Petrobras (38.6%), in partnership with TotalEnergies (19.3%), Shell Brasil (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré-Sal Petróleo S.A (PPSA) (3.5%) representing the government in the non-contracted area.

TotalEnergies’ share of the field’s production at full capacity is expected to reach more than 100,000 bopd.

“The production start-up of Mero-3, less than a year after the start-up Mero-2, is a new milestone for TotalEnergies in Brazil, a key growth area for our company,” TotalEnergies president of exploration and production Nicolas Terraz said.

“With its vast resources and world-class productivity, the Mero field delivers low-cost and low-emission oil production, in line with the strategy of our company.”

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