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

Digital Product Passports Are Coming, and 2026 Is When the Real Work Begins

March 2, 2026

Saudis Pulled Deeper into War after Strike around Key Refinery

March 2, 2026

Brent Crude Oil Analysis: $95 Target Reinforced, Double Bottom Intact

March 2, 2026
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 » Mero Partners Start Up Fourth Development in Brazilian Field
Middle East

Mero Partners Start Up Fourth Development in Brazilian Field

omc_adminBy omc_adminMay 27, 2025No Comments4 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Petróleo Brasileiro SA (Petrobras) and its co-venturers have started oil production at the fourth project in Mero, raising the deepwater field’s capacity to 770,000 barrels per day (bpd).

Mero-4 will connect 12 wells to the new Alexandre de Gusmão floating production, storage and offloading (FPSO) facility, which has an output capacity of 180,000 bpd. The fourth development will also enable 12 million cubic meters (423.78 million cubic feet) of gas compression a day. The consortium approved the project August 2021.

“In order to maximize production, the wells are equipped with intelligent well completion technology, which enables the remotely [sic] switching between production and injection wells via platform”, co-owner CNOOC Ltd. said in an online statement.

“Mero4 project is also equipped with resources to operate the HISEP (High Pressure Separator), which allows underwater separation between the extracted oil and the associated gas and reinjects the gas into the reservoir. The HISEP will simultaneously boost production and reduce emission”, the Chinese state-backed company added.

Mero is part of the Libra block. Brazil’s state-owned Petrobras operates the field with a 38.6 percent stake. Shell PLC and TotalEnergies SE each own 19.3 percent. China National Petroleum Corp. and CNOOC each hold 9.65 percent. The Brazilian government’s Pré-Sal Petróleo SA has the remaining 3.5 percent. The Libra production sharing contract was awarded December 2013.

The newest FPSO sits 180 kilometers (111.85 miles) off the coast of Rio de Janeiro in the pre-salt area of the Santos Basin. The vessel’s location has a water depth of about 2,000 meters (6,561.68 feet), according to Shell.

Mero now has four operational FPSOs. Guanabara (Mero-1) came onstream 2022, followed by Sepetiba (Mero-2) in 2023 and Marechal Duque de Caxias (Mero-3) in 2024.

“Mero-4 is the latest example of how we are working with our partners to unlock value from world-class reservoirs, sustaining material liquids production and providing for the world’s current energy needs”, Shell upstream president Peter Costello said in a separate press release.

Mero-4 is part of Shell’s pledge earlier this year to deliver a total peak production of over one million barrels of oil equivalent a day (boed) from upstream and integrated gas projects between 2025 and 2030.

“Our Brazil portfolio features long-life assets with high flow rates, resulting in some of our most competitive barrels on both operating cost and carbon footprint”, Costello added.

Shell says it is the second-biggest oil and gas producer in Brazil, behind Petrobras.

TotalEnergies said separately Mero-4 will contribute to its goal of growing production by three percent between 2024 and 2030. Brazil contributed 153,000 boed to the French company’s production last year. TotalEnergies says it has 11 licenses in the South American country, four of which are operated.

To contact the author, email jov.onsat@rigzone.com


What do you think? We’d love to hear from you, join the conversation on the

Rigzone Energy Network.

The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy.

element
var scriptTag = document.createElement(‘script’);
scriptTag.src = url;
scriptTag.async = true;
scriptTag.onload = implementationCode;
scriptTag.onreadystatechange = implementationCode;
location.appendChild(scriptTag);
};
var div = document.getElementById(‘rigzonelogo’);
div.innerHTML += ” +
‘RIGZONE Empowering People in Oil and Gas‘ +
”;

var initJobSearch = function () {
//console.log(“call back”);
}

var addMetaPixel = function () {
if (-1 > -1 || -1 > -1) {
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);

/*End Meta Pixel Code*/
} else if (0 > -1 && 86 > -1)
{
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);
/*End Meta Pixel Code*/
}
}

// function gtmFunctionForLayout()
// {
//loadJS(“https://www.googletagmanager.com/gtag/js?id=G-K6ZDLWV6VX”, initJobSearch, document.body);
//}

// window.onload = (e => {
// setTimeout(
// function () {
// document.addEventListener(“DOMContentLoaded”, function () {
// // Select all anchor elements with class ‘ui-tabs-anchor’
// const anchors = document.querySelectorAll(‘a .ui-tabs-anchor’);

// // Loop through each anchor and remove the role attribute if it is set to “presentation”
// anchors.forEach(anchor => {
// if (anchor.getAttribute(‘role’) === ‘presentation’) {
// anchor.removeAttribute(‘role’);
// }
// });
// });
// }
// , 200);
//});



Source link

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

Related Posts

Saudis Pulled Deeper into War after Strike around Key Refinery

March 2, 2026

Talos Losses Deepen | Rigzone

March 1, 2026

Tankers Halt Near Hormuz After Attacks

February 28, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Global oil prices may spike in next few days but calm down in longer term

By omc_adminMarch 2, 2026

Kurt Abraham, Editor-in-Chief, World Oil Well, just when you thought that the global oil market…

Global oil prices may spike in next few days but calm down in longer term

March 2, 2026

Oil tankers attacked near Strait of Hormuz as Iran conflict disrupts shipping

March 1, 2026

OPEC+ to boost oil production 206,000 bpd as Iran conflict threatens supply

March 1, 2026
Top Trending

Digital Product Passports Are Coming, and 2026 Is When the Real Work Begins

By omc_adminMarch 2, 2026

ESG Today: Week in Review

By omc_adminMarch 1, 2026

Winter getting shorter in 80% of major US cities, new data shows | US weather

By omc_adminFebruary 27, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Saudis Pulled Deeper into War after Strike around Key Refinery

March 2, 2026

PDVSA, African Energy Chamber sign MoU to boost oil and gas investment

March 1, 2026

Talos Losses Deepen | Rigzone

March 1, 2026

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
© 2026 oilmarketcap. Designed by oilmarketcap.

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