Libra Consortium signs contract for FPSO for Mero Field

December 18, 2017

Petróleo Brasileiro SA - Petrobras, the Libra Consortium operator, announces that it signed, on November 14th, a contract with the Modec group to charter a FPSO platform (a Floating Production Storage and Offloading unit), the first definitive production system of Mero Field, which will be used in the Mero Pilot project. The project includes the interconnection of up to 17 wells to the platform and the start of the production is planned for 2021. 

 The FPSO will have a daily operational capacity rate up to 180,000 barrels of oil (bpd) and 12 million cubic meters per day of gas and will be installed in a water depth of 2,100 meters, in Mero Field, located in the northwestern area of the Libra block, about 180 km off the coast of Rio de Janeiro, in the pre-salt of the Santos basin. 

The unit will be operated by Modec, the company responsible for the construction, and chartered for 22 years. Part of the construction will be carried out in Brazil, aligned with Petrobras’ experience with other charters already performed. 

Until now, 12 wells were drilled in Libra block. Because of its extension, high production potential, good quality of its oil and high commercial value, Libra opens a new business opportunity to the offshore industry. 

The production on the Libra block started on November 26, this year, with the beginning of operation of Pioneiro de Libra FPSO, dedicated to Extended Well Tests and Early Production Systems. The consortium has declared commerciality of the oil accumulation located in the northwestern portion of the block on November 30, as disclosed to the market. With the declaration of commerciality, the northwestern portion of Libra officially became a field and was named Mero Field. 

Libra Consortium is led by Petrobras – with a 40% interest – in partnership with Shell (20%); Total (20%), CNPC (10%) and CNOOC Limited (10%). The consortium also has the participation of the state-owned company Pré-Sal Petróleo SA (PPSA) as manager of the Production Sharing Agreement

Comments

Post a Comment

Popular posts from this blog

Petrobras on P-80 construction contract

August 15, 2022 Petróleo Brasileiro S.A. – Petrobras informs that, as a result of the progress of the development project for the Búzios field , in the Santos Basin pre-salt area, it signed today a contract with Keppel Shipyard Limited for the construction of platform P-80 , the ninth unit to be installed in the field.  This unit will be one of the largest to operate in Brazil and one of the largest in the global oil and gas industry, with capacity to produce up to 225 thousand barrels of oil per day, process up to 12 million m3/day of gas, and store more than 1.6 million barrels.  The project foresees the interconnection of 14 wells, 7 of which are oil producers and 7 injectors. The platform will be self-owned, of the FPSO type (floating unit that produces, stores, and transfers oil), with a minimum local content index of 25%. Production is scheduled to start in 2026. The P-80 will be the 28th system to operate in the pre-salt.  The P-80 is part of Petrobras' new generation of pla
Read more

Centrica LNG cargo commissions the first private LNG terminal in Brazil

25 February 2020 Centrica plc and Centrais Elétricas de Sergipe S.A. (CELSE) have collaborated to commission the first private Liquefied Natural Gas (LNG) import terminal in Brazil. On 4 February, Centrica-chartered vessel, the Singapore Energy, delivered 95,000m3 of LNG by a ship-to-ship operation to the Golar Nanook Floating Storage and Regasification Unit (FSRU) located 8.5km off the coast. The FRSU is connected by pipeline to CELSE’s Usina Termoelétrica (UTE) Porto de Sergipe I combined-cycle gas-fired power plant, the largest in Latin America.
Read more

Saipem: new contract awarded by the Abu Dhabi National Oil Company (ADNOC) for the Shah Gas plant in the United Arab Emirates

June 15, 2021 Saipem has received a Letter of Award from ADNOC Sour Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), for a new contract related to the Optimum Shah Gas Expansion (OSGE) & Gas Gathering project in the United Arab Emirates. The contract covers the expansion and upgrade of the existing Shah gas plant . The overall value of the contract is around 510 million USD. The EPC (Engineering, Procurement, Construction) contract includes the engineering, supply of materials, construction and commissioning of additional components, designed to increase the gas treatment daily capacity of the Shah Gas plant by 13%, from the current production capacity of 1.28 to 1.45 billion standard cubic feet per day, representing a cumulative increase to 145% of the original design capacity of the plant. The Shah Gas plant is the largest sour gas plant in the world. Due to a higher sulphur content, the plant requires specific technologies to ensure safety and respect for the env
Read more