Petrobras Delays Mero Start-Up

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Petrobras has pushed back the start-up of its first production unit at the giant Mero pre-salt field from late this year to the first quarter of 2022. The Brazilian state oil company said construction work on the floating production, storage and offloading (FPSO) unit in China had been delayed due to Covid-19. The FPSO will be able to process 180,000 b/d from the giant Santos Basin pre-salt field. Mero -- also known as Libra -- is operated by Petrobras, with partners including Royal Dutch Shell, Total, CNOOC and others.

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