Mero (Libra Noroeste) is a producing conventional oil field located in ultra-deepwater in Brazil and is operated by Petroleo Brasileiro. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Libra and Mero, with water depth of 6,822 feet. Buy the profile here.
Smarter leaders trust GlobalData
An expansion project is associated with the Mero (Libra Noroeste), namely the Mero 4. This project is currently in the commissioning stage, expected to start in 2025.
Field participation details
The field is owned by China National Offshore Oil, China National Petroleum, Petroleo Brasileiro, Shell and TotalEnergies.
Production from Mero (Libra Noroeste)
The Mero (Libra Noroeste) conventional oil field recovered 5.62% of its total recoverable reserves, with peak production expected in 2026. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056. The field currently accounts for approximately 6% of the country’s daily output.
Contractors involved in the Mero (Libra Noroeste) conventional oil field
Some of the key contractors involved in the Mero (Libra Noroeste) project as follows.
Main EPC: Subsea 7
EPC Contractors: SBM Offshore
Other Contractors: Halliburton, Aker Solutions, Subsea 7, Acteon Group and Ocyan
About Petroleo Brasileiro
Petroleo Brasileiro SA (Petrobras) an oil and gas company, with a focus on exploration and production, refining, energy generation, and trading. The company has a significant reserve base and has developed expertise in deep and ultra-deepwater exploration and production. Its main services include offshore drilling, production platforms, subsea vessels, and subsea hardware operations. The company collaborates closely with suppliers, universities, and research centers to develop its own technology for efficient deepwater operations. Its products and services are utilized across various industries. The company contracts engineering, procurement, construction, and installation (EPCI) for its entire business stream. Petrobras markets its products in North America, South America, Africa, and Asia. Petrobras is headquartered in Rio de Janeiro, Brazil.
For more details on the Mero (Libra Noroeste) Conventional Oil Field, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
