Petrobras Says Sepetiba FPSO Starts Production

Sunday, December 31, 2023

Brazilian state-run oil company Petrobras' Sepetiba floating production storage and offloading (FPSO) unit started production on Sunday, the oil giant said in a securities filing.

Sepetiba, which has been chartered from SBM and installed at the Mero oilfield in the pre-salt of the Santos Basin, has the capacity to produce 180,000 barrels of oil per day (bpd) and a daily 12 million cubic meters of gas, Petrobras said.

Sepetiba is the third production unit installed by the company at the Mero oilfield, where it still plans to add two other units. Mero's current output totals around 230,000 bpd, according to the Brazilian firm.

Petrobras operates and holds a 38.6% stake in the Mero oilfield. The remaining stakeholders are Shell, TotalEnergies, China's CNPC, CNOOC and PPSA.


(Reuters - Reporting by Gabriel Araujo; Editing by Mark Porter)

Categories: Energy Activity FPSO Production South America Floating Production

Related Stories

Tyra II Gas Development Set to Go Full Steam from Next Week

Equinor’s Activity in Norway Major Driver of Supplier Services Across Country

BW Energy Gets Golfinho Production Extension Off Brazil Until 2042

Current News

Keys to Keeping Offshore Metal Structures Ship Shape

Preview: Japan Energy Summit & Exhibition 2025

Havila Acquires Polarsyssel Offshore Supply Ship

Finnish Port Set for Offshore Wind Overhaul

Subscribe for OE Digital E‑News