TotalEnergies announces the start of Mero-2 in Brazil

Sanctioned in June 2019, this second development phase Mero-2 included the Sepetiba Floating Production, Storage and Offloading unit (FPSO) with a production capacity of 180 000 bbl./d. The FPSO has been designed for zero routine flaring to minimise greenhouse gas emissions, with the associated gas re-injected into the reservoir.

Thanks to Mero-2, the Mero field will reach a production capacity of 410 000 bbl./d. Two additional development phases of 180 000 bbl./d each, Mero-3 and Mero-4, are currently under construction, with start-ups expected by 2025. At full capacity, production from the Mero field is expected to amount to more than 100 000 bbl./d in TotalEnergies share.

“The production start-up of Mero-2 is a new milestone for TotalEnergies in Brazil, a key growth area for the company. With its vast resources and world-class productivity, the Mero development delivers low cost and low emission oil production, in line with the strategy of our company”, said Patrick Pouyanné, Chairman and CEO of TotalEnergies.

The Mero field is a unitised field, 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%).

Read the article online at: https://www.tanksterminals.com/terminals/03012024/total-energies-announces-the-start-of-mero-2-in-brazil/