Libra Consortium to Deploy Mero-4 FPSO in Brazilian Pre-salt
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Libra Consortium to Deploy Mero-4 FPSO in Brazilian Pre-salt

By IndraStra Global News Team

The File photo of Pioneiro de Libra FPSO (IMO: 9063067)

Image Attribute: The file photo of Pioneiro de Libra FPSO (IMO: 9063067)

Shell Brasil Petróleo Ltda. (Shell Brasil) announced today a final investment decision taken by the Libra consortium, operated by Petrobras, to contract the Mero-4 floating production, storage, and offloading (FPSO) vessel to be deployed at the Mero field in the Santos Basin offshore Brazil.

The Consortium operates production in the Libra block 170 km south of Rio de Janeiro, led by Petrobras – with a 40% stake – in partnership with Shell Brasil (20%), TotalEnergies (20%), CNPC (10%), and CNOOC Limited (10%). Petrobras initially declared the commercial viability of the Mero oilfield in November 2017. First oil is expected to be achieved from the field in 2021.

MERO Field in Brazilian Pre-Salt

This is the fourth production system to be deployed in the Mero field. Final investment decisions were previously taken for the Mero 1, Mero 2, and Mero 3 FPSOs.  Each unit has a daily operational capacity rate of 180,000 barrels of oil/day. The Pioneiro de Libra FPSO (IMO: 9063067) (50,000 barrels of oil/day) has been producing at Mero since 2017 and is a key source of information for the Libra consortium to aid further development and optimize the productivity of the field, reservoir, and wells.

"As a replication of previous FPSOs for the Brazilian pre-salt, Mero 4 is a testimony to the way the Libra Consortium partners are working together in an integrated way to streamline and make our processes more efficient," said Wael Sawan, Upstream Director, Royal Dutch Shell. "We are proud to continue working alongside our partners to leverage our collective expertise to develop the country's resources in a competitive and responsible manner."

NOTE: Petrobras signed a letter of intent with SBM Offshore for the charter and provision of services for the FPSO to be installed at Mero 4.

About Mero oilfield

The Mero oilfield was discovered by the 2-ANP-2A-RJS appraisal well that was drilled in 2010. The drilling was conducted as part of the Libra oilfield appraisal in the north-western part of the giant Libra block. A total of ten appraisal wells were drilled in the Mero field area to determine the commercial viability of the field, while two more are planned to be drilled in 2018. The wells discovered oil columns as thick as 410m.

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