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Libra Consortium Announces First Oil From Mero-4 FPSO in Brazil Pre-Salt

  • The FPSO Alexandre de Gusmão started production in the Mero field of Brazil's Libra block in May 2025, offshore Rio de Janeiro.
  • The early start occurred after the Final Investment Decision in August 2021, with the Libra contract signed in 2013 governing the project.
  • Chartered from SBM Offshore, the FPSO connects 12 wells using intelligent completions and increases total field capacity to 770,000 barrels per day.
  • The unit operates approximately 180 kilometers offshore at a depth of around 2,000 meters, handling a daily production of 180,000 barrels of oil along with the processing of 12 million cubic meters of gas.
  • This addition supports Shell’s 2025 Capital Market Day goals and exemplifies partnership efforts to sustain production and meet global energy needs.
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The Berkshire EagleThe Berkshire Eagle
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Libra Consortium announces first oil from Mero-4 FPSO in Brazil pre-salt

RIO DE JANEIRO, May 26, 2025 /PRNewswire/ -- Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced the start of production at the floating production storage and offloading facility (FPSO) Alexandre de Gusmão in the Mero field…

The operational capacity of this project will be 180 thousand barrels of oil production and 12 million cubic meters of gas compression per day by Shell The subsidiary of the oil company Shell in Brazil, announced the beginning of the extraction of fuel in the floating plant of production, storage and discharge (FPSO) Alexandre de Gusmão in the Mero field in the Santos Basin, on the Brazilian coast. Let us remember that this unified field of Mero…

Market Consensus Alphavalue/Divacons Both companies are facing an increasingly unbalanced global LNG market. Long-term committed supply grows while demand, especially in China, weakens. Although Shell and TotalEnergies are well positioned by scale and flexibility, they face increasing valuation risks due to their exposure to projects in the US. On the other hand, the start of FPSO Mero-4 in Brazil adds 180 kb/d of low-cost production, raising t…

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offshore-technology.com broke the news in on Monday, May 26, 2025.
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