Libra Consortium takes FID on Mero-2 FPSO in Brazils pre-salt
THE HAGUE -- Libra Consortium has announced the final investment decision to contract the Mero-2 floating production, storage and offloading (FPSO) vessel to be deployed at Mero field offshore Santos basin in Brazil.
The FPSO will have a capacity to process up to 180,000 bopd. The consortium plans four new production systems to be deployed in Mero field. Mero-2 is the second, with first oil expected in 2022.
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, said Andy Brown, upstream director, Royal Dutch Shell. 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.
As one of Shells Core Upstream themes, Deep ....