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Released November 01, 2024 | SUGAR LAND
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Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Petrobras's (NYSE:PBR) (Rio de Janeiro, Brazil) Marechal Duque de Caxias floating production, storage and offloading (FPSO) vessel has begun producing oil and gas in the Mero field of the offshore Santos Basin, the company said this week. The platform vessel has a production capacity of 12 million cubic meters of gas per day and 180,000 barrels of oil per day (BBL/d), which will bring Mero's field oil production capacity to 590,000 BBL/d.

The platform is connected to eight producing oil wells and seven water and gas injector wells. It is located 180 kilometers (40.7 miles) off Brazil's coast. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project and Plant databases can click here for the project report and click here for the plant profile.

Petrobras is the operator of the Mero field with 38.6% of the shares, followed by Shell Brasil (19.3%), TotalEnergies (19.3%), China National Offshore Oil Corporation CNOOC (9.65%), China National Petroleum Corporation CNPC (9.65%) and Pré-Sal Petróleo S.A (PPSA) (3.5%).

In September, the Mero oil field produced 374,000 BBL/d, making it the third-largest producing oil field in Brazil behind Buzios and Tupi, based on information from the Brazilian National Agency of Petroleum Natural Gas and Biofuels (ANP).

"The FPSO Marechal Duque de Caxias has characteristics that are very well suited to Petrobras' current project, which involves maintaining high levels of production, prioritizing decarbonization technologies and caring for the environment. The FPSO will be the third of its size to be installed in the Mero field in the last 30 months, which will increase its installed capacity to 590,000 barrels of oil per day in a short period of time," said Sylvia Anjos, Petrobras' director of exploration and production.

Petrobras foresees 14 FPSOs beginning production between 2024 and 2028 as part of its strategic plan. Only Marechal Duque de Caxias was expected to come online in 2024, although the company recently reported first oil from the Maria Quiteria FPSO in the Jubarte field ahead of its scheduled start in 2025.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).

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