Mero (Libra Noroeste) is a producing conventional oil field located in ultra-deepwater in Brazil and is operated by Petroleo Brasileiro. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Libra and Mero, with water depth of 6,822 feet. Buy the profile here.
Two expansion projects are associated with the Mero (Libra Noroeste) conventional oil field, namely the Mero 3 and the Mero 4. The expansion projects are currently in the commissioning and construction stage, targeting start-up during 2024 – 2025.
Field participation details
The field is owned by China National Offshore Oil, China National Petroleum, Petroleo Brasileiro, Pre-Sal Petroleo, Shell and TotalEnergies.
Production from Mero (Libra Noroeste)
The Mero (Libra Noroeste) conventional oil field recovered 6.44% of its total recoverable reserves, with peak production expected in 2026. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056. The field currently accounts for approximately 7% of the country’s daily output.
See Also:
Contractors involved in the Mero (Libra Noroeste) conventional oil field
Some of the key contractors involved in the Mero (Libra Noroeste) project as follows.
Main EPC: Subsea 7, Siemens Energy and TechnipFMC
EPC Contractors: Subsea 7 and SBM Offshore
Other Contractors: Halliburton, Aker Solutions, Acteon Group, China International Marine Containers (Group) and Ocyan
About Petroleo Brasileiro
Petroleo Brasileiro SA (Petrobras) is an integrated oil & gas company. Its major businesses include exploration and production, refining, marketing, trade, and transportation of oil and gas. The company also conducts biofuel, natural gas, petrochemical, electricity, and chemical businesses, and oil product distribution. It is a major crude oil producer and refiner in Brazil and the South American continent. It also participates in the domestic power market through investments in thermoelectric power plants and renewable energy. Through its subsidiaries and affiliates, Petrobras markets its products in North America, South America, Africa, and Asia. Petrobras is headquartered in Rio de Janeiro, Brazil.
For more details on the Mero (Libra Noroeste) Conventional Oil Field, buy the profile here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.