Petrobras completes first phase of its Mero field

RIO DE JANEIRO, May 3, 2022 – Brazil’s Petrobras has begun commercial production on the first stage of development of the pre-salt Mero field in the Santos Basin, partner TotalEnergies announced on Monday.

The first phase began in late 2017 and now includes the Guanabara FPSO with a production capacity of 180,000 bopd and 12 mcm (424 mcf) per day of gas.

Previously pre-production was handled by the 50,000-bopd Pioneiro de Libra FPSO.

The entire project consists of four FPSOs, each with a production capacity of 180,000 bopd, with production on additional phases starting between 2023 and 2025.

The field is located more than 150 kilometres offshore Rio de Janeiro. It is operated by Petrobras with a 38.6% stake in partnership with TechnipFMC with a 19.3% stake, Shell Brasil with 19.3% stake, China National Petroleum Corporation with a 9.65% stake, China National Offshore Oil Corporation with a 9.65% stake and the additional 3.5% stake controlled by the government.

“The production start-up of the first permanent FPSO in Libra block is a new milestone for TotalEnergies in Brazil,” said Patrick Pouyanné, chairman and CEO of TotalEnergies.

“This start-up, along with the entry into Atapu and Sépia fields, officially signed on April 27, will increase TotalEnergies production in the pre-salt Santos Basin, a key growth area for the company, by 30,000 bpd in the second quarter and by 60,000 bpd in Q4 2022 to reach 120,000 bpd by the end of 2022.”

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