Petrobras produced a record average of 3.512 MMboed of oil, NGL and natural gas in the third quarter, up 5.3% from the second quarter and 11.7% from a year earlier. The company attributed the gain to its highest production efficiency in eight years, the ramp-up of the P-78 and P-79 FPSOs at Búzios, FPSO Alexandre […]
Mero-4 will connect 12 wells to the new Alexandre de Gusmão floating production, storage and offloading (FPSO) facility, which has an output capacity of 180,000 bpd. The fourth development will also enable 12 million cubic meters (423.78 million cubic feet) of gas compression a day. The consortium approved the project August 2021.