RIO DE JANEIRO, January 1, 2024 /PRNewswire/ — Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announces the start of production from the Sepetiba FPSO in the Mero field, offshore the Santos Basin in Brazil. The Sepetiba FPSO, also known as Mero-2, has an operational capacity of 12 million cubic meters of natural gas and 180,000 barrels of oil per day and is connected to six production wells and six injection wells at field, during the first wave. The technology applied to the construction and operation of the FPSO will increase production efficiency and contribute to the reduction of emissions.
“The development of the Sepetiba FPSO builds on our world-class partnership with Petrobras and strengthens our presence in one of the most productive areas in the world. Brazil“, said Zoë Yujnovich, Shell’s Director of Gas and Upstream Integration. “This project aligns with Shell’s Powering Progress strategy and our commitment to leveraging increasingly efficient and competitive developments in our core of the country to provide a safe and secure energy supply today and for decades to come. “
The Sepetiba FPSO is located 180 kilometers from the coast of Rio de Janeiro in a water depth of 2,050 meters. Its predecessor, the Guanabara FPSO, also known as Mero-1, announced first production in April 2022. The consortium plans to receive two additional FPSOs by the middle of the decade. Shell’s world-leading Deep Water business includes two prolific basins in the United States and Brazil and an exciting exploration portfolio, with a sustained track record of strong cash generation and operational performance.
Notes to editors
- Shell Brasil Petroleo Ltda. is a subsidiary of Shell plc.
- The Final Investment Decision (FID) on Mero-2 was announced in 2019.
- The Mero field is part of the Libra Production Sharing Contract (PSC), signed in December 2013. Libra is located in the Santos Basin, 150-180 km south of Rio de Janeiro in 1900-2100m of the water depth.
- SBM Offshore is responsible for the engineering, procurement, construction, mobilization, installation and operation of the Sepetiba FPSO, including surface treatment equipment as well as hull systems and sailors.
- Shell Brasil holds a 19.3 percent stake in Mero Unitized Field, alongside Petrobras (operator), with a 38.6 percent stake, TotalEnergies (19.3 percent), CNPC (9.65 percent). ), CNOOC (9.65 percent) and PPSA (3.5 percent), represent the government in the non-contractual area.
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Shell net carbon intensity
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