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Libra Consortium Takes Final Investment Decision In Brazil’s Pre-Salt

Gasoil News - Published on Mon, 17 Jun 2019

Image Source: Shell
Libra Consortium announced the final investment decision to contract the Mero-2 floating production, storage and offloading vessel to be deployed at the Mero field offshore Santos Basin in Brazil. The FPSO will have a capacity to process up to 180,000 barrels of oil per day. The consortium plans four new production systems to be deployed in the Mero field. Mero-2 is the second, with first oil expected in 2022.

Mr Andy Brown, Upstream Director, Royal Dutch Shell, said that “Shell is the largest foreign producer in Brazil, which has become a heartland for us. Mero-2 is the latest in a series of FPSOs that will come online. From production to development, appraisal and exploration, we have a full funnel of long-life, resilient growth opportunities in the country, which is home to some of the best deep-water basins in the world.”

Source :

Posted By : Sanju Moirangthem on Mon, 17 Jun 2019
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