PARIS, Aug 17 (Reuters) - French energy group Total
and its partners have launched the third phase of
development for the Mero deep offshore oil project off the coast
of Brazil, the company said on Monday.
The Mero 3 floating production storage and offloading
vessel(FPSO) will have a liquid treatment capacity of 180,000
barrels per day (bpd) and is expected to start operating by
2024, Total added.
The Mero field has been in pre-production since 2017 with
the 50,000 bpd Pioneiro de Libra FPSO. Petrobras owns
40% of the Libra project, while Shell and Total each
own 20%. Chinese state oil companies CNOOC and China
National Petroleum Corp each hold 10% stakes in the
project.
(Reporting by Sudip Kar-Gupta
Editing by David Goodman
)