Petrobras Approves Second Phase of Mero Field Development

Written by Paulo Nogueira

Published on 11/06/2019 at 10:06

Updated on 11/06/2019 at 10:07

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Petrobras and Its Partners Have Made the Investment Decision for the Second Phase of the Mero Project (Block Libra), Located 180 Kilometers Off the Coast of Rio de Janeiro, in the Pre-Salt Area of the Santos Basin in Brazil.

The Libra Consortium is operated by Petrobras (40%) as part of an international partnership, including Total (20%), Shell (20%), CNOOC Limited (10%), and CNPC (10%). Pré-Sal Petróleo (PPSA) manages the Libra Production Sharing Contract.

Total reported on Tuesday that the investment decision follows the start of production at the field in November 2017 (Early Production System) and the launch of the first phase of the project (Mero 1) approximately a month later.
The Mero 2 FPSO will have a liquid treatment capacity of 180,000 barrels per day and is expected to start in 2022, Total said.
“The decision to launch Mero 2 comes as a new milestone in this large-scale project that will develop the giant petroleum resources of the Mero field, estimated at 3 to 4 billion barrels,” said Arnaud Breuillac, President of Exploration and Production at Total.

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Petrobras Approves Second Phase of Mero Field Development

Petrobras and Its Partners Have Made the Investment Decision for the Second Phase of the Mero Project (Block Libra), Located 180 Kilometers Off the Coast of Rio de Janeiro, in the Pre-Salt Area of the Santos Basin in Brazil.

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Petrobras Approves Second Phase of Mero Field Development

Petrobras and Its Partners Have Made the Investment Decision for the Second Phase of the Mero Project (Block Libra), Located 180 Kilometers Off the Coast of Rio de Janeiro, in the Pre-Salt Area of the Santos Basin in Brazil.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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