Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Angola Raises Diesel Price by 33 Pct, Third Increase This Year

July 4, 2025

‘Politically Homeless’ Sam Altman Is Unhappy With Democrats

July 4, 2025

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Wait For OPEC+ Production Decision

July 4, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » First oil achieved from Mero-4 field in Santos basin, offshore Brazil
Executive Moves

First oil achieved from Mero-4 field in Santos basin, offshore Brazil

omc_adminBy omc_adminMay 26, 2025No Comments1 Min Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link



Oil production has started from the fourth development phase of the Mero field off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos basin. The field is operated by Petrobras (38.6%), with TotalEnergies and Shell Brasil each holding 19.3% working interest. 

Launched in August 2021, this new phase called “Mero-4” will connect 12 wells to the new Alexandre de Gusmão FPSO (Floating Production, Storage and Offloading) unit, with a production capacity of 180,000 barrels of oil per day (bpd). This project has been designed to minimize greenhouse gas emissions, with reinjection of the associated gas into the reservoir and zero routine flaring.

This startup brings Mero’s total production capacity to 770,000 bpd through five FPSOs.

“The start-up of Mero-4 marks the end of the development of this world-class field — with the commissioning of four FPSOs in three years — and the start of a long-term production phase generating robust free cash flow,” commented Nicolas Terraz, President E&P of TotalEnergies. “This is a great achievement for the Libra consortium and a major milestone for TotalEnergies in Brazil, a key growth country for our company.”

 Image provided by SBM Offshore



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

U.S. House passes Trump’s tax bill in move that reverses much of Biden’s clean energy push

July 4, 2025

EnerMech lands multi-year contract for Triton FPSO in North Sea

July 3, 2025

PETRONAS signs 20-year LNG purchase deal with Venture Global

July 3, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20254 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

U.S. House passes Trump’s tax bill in move that reverses much of Biden’s clean energy push

By omc_adminJuly 4, 2025

Erik Wasson, Steven T. Dennis and Maeve Sheehey, Bloomberg July 04,…

UK Local Authorities Plan £67 Billion in Climate Projects: CDP Report

July 4, 2025

Luxembourg Stock Exchange Launches Transition Finance Gateway Using Net Zero Tracker Data

July 4, 2025

Turkey Sets 2030 Target to Cut Aviation Emissions by 5% Using Sustainable Fuel

July 4, 2025
Top Trending

Phlair, Carbon Removal to Develop Largest DAC Carbon Removal Project in Europe

By omc_adminJuly 4, 2025

Extreme heatwaves may cause global decline in dairy production, scientists warn | Extreme heat

By omc_adminJuly 3, 2025

Impact Investor responsAbility Appoints Nadia Nikolova as New CEO

By omc_adminJuly 3, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

‘Politically Homeless’ Sam Altman Is Unhappy With Democrats

July 4, 20250 Views
Our Picks

Angola Raises Diesel Price by 33 Pct, Third Increase This Year

July 4, 2025

U.S. House passes Trump’s tax bill in move that reverses much of Biden’s clean energy push

July 4, 2025

OPEC Moves Meeting to Saturday as Group Weighs Another Hike

July 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.