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- Libra Consortium takes final investment

- Libra Consortium takes final investment
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Libra Consortium takes final investment decision on Mero-4 FPSO in Brazilian pre-salt

Libra Consortium takes final investment decision on Mero-4 FPSO in Brazilian pre-salt
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Libra Consortium takes final investment decision on Mero-4 FPSO in Brazilian pre-salt

Libra Consortium takes final investment decision on Mero-4 FPSO in Brazilian pre-salt
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Brazil: Petrobras announces partial devolution of area in Libra in the Santos Basin

Brazil: Petrobras announces partial devolution of area in Libra in the Santos Basin 19 Apr 2021 Libra, constituted by Shell Brasil Petróleo Ltda. (20%), Total E&P do Brasil Ltda. (20%), CNODC Brasil Petróleo e Gás Ltda. (10%) and CNOOC Petroleum Brasil Ltda. (10%), having Pré-Sal Petróleo S.A. (PPSA) as contract manager, notified the National Agency of Petroleum, Natural Gas and Biofuels (ANP) of the devolution of the Southeast area of the Libra block, in the Santos Basin.  Since the beginning of the evaluation activities of the Libra block, the Southeast area, a distinct compartment from the other ones, was identified as an area of low potential. The conclusion of the obtained data analysis confirmed this expectation.

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