TotalEnergies announces the development of a subsea separation and reinjection facility for the Mero field in Brazil

  • Libra Consortium has made the final investment decision to develop a subsea separation and reinjection facility for the Mero field in Brazil
  • The facility will use a high pressure subsea separation technology to separate oil from CO2-rich gas
  • The separated gas will be reinjected directly into the reservoir, reducing GHG emissions and increasing field production capacity
  • TotalEnergies is proud to participate in the development of this technology and sees potential applications for other projects
  • The Mero field is operated by Petrobras in partnership with TotalEnergies, Shell Brasil, CNPC, CNOOC, and Pré-Sal Petróleo S.A

TotalEnergies has announced that the Libra Consortium has made the final investment decision to develop an innovative subsea separation and reinjection facility for the Mero field in the Brazilian deep offshore pre-salt. This facility will use a high pressure subsea separation technology to separate oil from CO2-rich gas at the bottom of the ocean. The separated gas will then be reinjected directly into the reservoir, reducing greenhouse gas emissions and increasing the field’s production capacity. TotalEnergies is proud to participate in the development of this technology, which has the potential for applications in other projects. The Mero field is operated by Petrobras in partnership with TotalEnergies, Shell Brasil, CNPC, CNOOC, and Pré-Sal Petróleo S.A.

Public Companies: TotalEnergies (TTE), Petrobras (null), Shell Brasil (null), CNPC (null), CNOOC (null), Pré-Sal Petróleo S.A (PPSA) (null)
Private Companies:
Key People: Namita Shah (President, OneTech at TotalEnergies)

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Factuality Level: 8
Justification: The article provides factual information about TotalEnergies’ announcement regarding the development of a natural gas and CO2 separation and reinjection facility for the Mero field in Brazil. It includes details about the technology being used and the potential benefits. The article also provides background information about TotalEnergies’ operations in Brazil and its commitment to sustainable development. Overall, the article appears to be based on factual information and does not contain any obvious bias or misleading information.

Noise Level: 3
Justification: The article provides information about TotalEnergies’ announcement of a natural gas and CO2 separation and reinjection facility for the Mero field in Brazil. It mentions the technology being used and its potential benefits. However, the article is mostly promotional in nature and lacks in-depth analysis or critical questioning. It also includes irrelevant information about TotalEnergies’ operations in Brazil and other partnerships. Overall, the article contains some relevant information but is mostly filler content.

Financial Relevance: Yes
Financial Markets Impacted: The announcement by TotalEnergies regarding the development of an innovative natural gas and CO2 separation and reinjection facility for the Mero field in Brazil’s deep offshore pre-salt may impact the energy sector and related companies involved in oil and gas exploration and production.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to a financial company, TotalEnergies, and its announcement of a new technology development in the energy sector. While there is no mention of an extreme event, the news is relevant to financial markets as it may impact the energy sector and related companies.

Reported publicly: www.marketwatch.com