Name of the Project
Mero floating production storage and offloading (FPSO) project – Libra block.

Location
The project is located 180 km off the coast of Rio de Janeiro, Brazil, in the prolific presalt area of the Santos basin.

Project Owner/s
The Libra consortium is operated by Petrobras (40%) as part of an international partnership, including TotalEnergies (20%), Shell Brasil (20%), China National Offshore Oil Corporation (10%) and China National Petroleum Corporation (10%). Pre-Sal Petróleo manages the Libra production sharing contract.

Project Description
The Mero field has been in preproduction since 2017, with the 50 000 bbl/d Pioneiro de Libra FPSO.

The project comprises the construction of four FPSOs, each with a liquid processing capacity of 180 000 bbl/d.

The Libra consortium intends to undertake a pilot test of the HISEP, or high-pressure separation technology, developed and patented by Petrobras in the Mero 3 area.

This comprises subsea separation and the reinjection of a large part of the carbon dioxide produced along with the oil using centrifugal pumps, allowing for the oil processing plant to be relieved in the FPSO and, consequently, allowing for oil production to increase.

Potential Job Creation
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Mero 1 is expected to start up in 2022, Mero 2 in 2023, Mero 3 in 2024 and Mero 4 in 2025.

Latest Developments
The Libra consortium made its investment decision for the fourth phase of the Mero project (Mero 4) in August 2021.

Key Contracts, Suppliers and Consultants
Malaysia International Shipping Corporation Berhad (chartering and provision of the FPSO to be installed at the Mero 3 development); SBM Offshore (chartering and provision of the FPSO to be installed at the Mero 4 development).

Contact Details for Project Information
TotalEnergies media relations, tel +33 1 47 44 46 99 or mail presse@totalenergies.com.
TotalEnergies investor relations, tel +44 207 719 7962 orir@totalenergies.com.

Shell Brasilmedia international,

tel +44 207 934 5550.

China National Offshore Oil Corporation,

tel +55 21 2104 2900.

China National Petroleum Corporation,

tel +86 10 5998 4538 or

email admin_eng@cnpc.com.cn.