Expansion in the Mero Field: second phase of production initiated by TotalEnergies

Significant progress in the Santos Basin

TotalEnergies, one of the leaders in the energy sector, celebrates an important milestone with the start of production of the second phase of development of the Mero Field. Located in the Libra block, more than 180 kilometers off the coast of Rio de Janeiro, Campo de Mero is a crucial point in the pre-salt area of ​​the Santos Basin. The second phase, known as “Mero 2”, promises to be a watershed in the Brazilian oil sector, reinforcing Brazil's strategic position in the global energy market.

Innovation and sustainability in Mero 2

Mero Phase 2 includes the FPSO Sepetiba, a Floating Production, Storage and Offloading unit, designed to produce 180.000 barrels of oil per day. The FPSO stands out for its commitment to sustainability: it was designed to operate without routine burning, thus minimizing greenhouse gas emissions. This is achieved by reinjecting associated gas back into the reservoir, a practice that underlines TotalEnergies' commitment to responsible environmental practices.

With the completion of Mero 2, the total production capacity of the Mero field will reach 410.000 barrels per day. In addition, two more phases, Mero 3 and Mero 4, are under construction, each with an additional capacity of 180.000 barrels per day, bringing TotalEnergies' share of the field's production to more than 100.000 barrels per day.

Strategic growth of TotalEnergies in Brazil

Patrick Pouyanné, President and CEO of TotalEnergies, highlights that the start of production of Mero 2 represents a significant milestone for the company in Brazil, a region seen as key to the company's growth. The Mero Field, with its world-class productivity and vast resources, offers oil production that is both low-cost and low-emission, perfectly aligning with the company's global strategy.

The Mero Unitized Field is operated by Petrobras, in partnership with Shell Brasil, CNPC, CNOOC Limited and Pré-Sal Petróleo S.A (PPSA), demonstrating a robust and diversified collaboration in the energy sector.

Strengthened presence of TotalEnergies in Brazil

TotalEnergies, present in Brazil for almost 50 years, has significantly expanded its operations in the country. The company employs more than 3.500 people in diverse areas, including exploration and production, gas, renewable energy (solar and wind), lubricants, chemicals and distribution. With a diversified portfolio, TotalEnergies has an average production of approximately 140.000 barrels of oil equivalent per day in the country.

Furthermore, TotalEnergies is investing heavily in the renewable energy segment in Brazil. The partnership with Casa dos Ventos, a leader in renewable energy, aims to develop a 12 GW renewable energy portfolio, showing a strong commitment to clean energy sources.

In the fuel distribution market, TotalEnergies operates approximately 240 filling stations, in addition to several storage facilities for petroleum derivatives and ethanol, consolidating its position as one of the main energy companies operating in Brazil.

Conclusion

The start of the second phase of development of Campo de Mero by TotalEnergies marks an era of innovation and sustainable growth in the Brazilian energy industry. With its sustainability and efficiency-oriented approach, TotalEnergies is positioned not only as a leader in the oil market, but also as a driver in the transition to cleaner and more renewable energy sources in Brazil.

Source: TotalEnergies Press, FSB Comunicação.