Shell: final investment decision in Brazil
(CercleFinance.com) - The Libra consortium, which includes Shell, announced on Wednesday that it has made a final investment decision on a third floating production and storage unit (FPSO) for a deepwater project in Brazil.
The consortium, led by the Brazilian oil group Petrobras, has decided to use the Mero-3 vessel for this field located in the Santos pre-salt basin, 170 kilometres off the coast of Rio de Janeiro, in water depth of 2100 metres.
The first two vessels mobilized, Mero-1 and Mero-2, each have an estimated capacity of around 180,000 barrels of oil equivalent per day.
The consortium at the origin of the project includes Petrobras (40%), Shell (20%), Total (20%), as well as the Chinese companies CNPC (10%) and CNOOC (10%).
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The consortium, led by the Brazilian oil group Petrobras, has decided to use the Mero-3 vessel for this field located in the Santos pre-salt basin, 170 kilometres off the coast of Rio de Janeiro, in water depth of 2100 metres.
The first two vessels mobilized, Mero-1 and Mero-2, each have an estimated capacity of around 180,000 barrels of oil equivalent per day.
The consortium at the origin of the project includes Petrobras (40%), Shell (20%), Total (20%), as well as the Chinese companies CNPC (10%) and CNOOC (10%).
Copyright (c) 2020 CercleFinance.com. All rights reserved.