Petrobras and its partners have taken the final investment decision (FID) for the fourth phase of the Mero project (Libra block), located deep offshore, 180 km off the coast of Rio de Janeiro, in the pre-salt area of the Santos Basin in Brazil. The Libra Consortium includes by Petrobras (40%, operator), TotalEnergies (20%), Shell Brasil (20%), CNOOC Limited (10%) and CNPC (10%).
The Mero 4 Floating Production Storage and Offloading (FPSO) unit will have a liquid treatment capacity of 180,000 bbl/d and is expected to enter operations by 2025. It follows investment decisions for Mero 1 (startup expected in 2022), Mero 2 (startup expected in 2023) and Mero 3 (startup expected in 2024) FPSOs. All of them have a liquid processing capacity of 180,000 bbl/d. The Mero field has been in pre-production since 2017 with the 50,000 bbl/d Pioneiro de Libra FPSO.