HONG
KONG, Jan. 1, 2024 /PRNewswire/ -- CNOOC Limited
(the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter),
SSE: 600938) announces that Mero2 Project has commenced production
safely.
Mero, Brazil's third largest
oilfield, is located in the Santos Basin pre-salt southeastern
offshore Brazil. The development
plan includes 4 production units, namely, Mero1, Mero2, Mero3 and
Mero4. Mero2 Project is the second project commissioned in the
field following Mero1 Project. The project is located in a water
depth of between 1,800 and 2,100 meters, about 180 kilometers away
from Rio de Janeiro. It will be
developed by the traditional deep-water Pre-salt development mode,
FPSO+Subsea. 16 development wells are planned to be commissioned,
including 8 production wells and 8 injectors. The production
capacity of the project is 180,000 barrels of crude oil per
day.
The FPSO used in Mero2 Project was constructed in China in June
2023 and arrived in Brazil
in September. Its designed storage capacity is approximately 1.4
million barrels, making it one of the largest FPSO in the
world.
CNOOC Petroleum Brasil Ltda, a wholly-owned subsidiary of CNOOC
Limited, holds 9.65% interest. Petrobras is the operator and has
38.6% interest, TotalEnergies holds 19.3% interest, Shell Brasil
holds 19.3% interest, CNPC holds 9.65% interest, and Pré-Sal
Petróleo S.A –PPSA holds 3.5% as the Federal Union representative
in non-contracted areas.
— End —
Notes to Editors:
More information about the Company is available at
http://www.cnoocltd.com.
*** *** *** ***
This press release includes forward looking information,
including statements regarding the likely future developments in
the business of the Company and its subsidiaries, such as expected
future events, business prospects or financial results. The words
"expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans",
"intends" and similar expressions are intended to identify such
forward-looking statements. These statements are based on
assumptions and analyses made by the Company as of this date in
light of its experience and its perception of historical trends,
current conditions and expected future developments, as well as
other factors that the Company currently believes are appropriate
under the circumstances. However, whether actual results and
developments will meet the current expectations and predictions of
the Company is uncertain. Actual results, performance and financial
condition may differ materially from the Company's expectations,
including but not limited to those associated with macro-political
and economic factors, fluctuations in crude oil and natural gas
prices, the highly competitive nature of the oil and natural gas
industry, climate change and environmental policies, the Company's
price forecast, mergers, acquisitions and divestments activities,
HSSE and insurance policies and changes in anti-corruption,
anti-fraud, anti-money laundering and corporate
governance laws and regulations.
Consequently, all of the forward-looking statements made in this
press release are qualified by these cautionary statements. The
Company cannot assure that the results or developments anticipated
will be realised or, even if substantially realised, that they will
have the expected effect on the Company, its business or
operations.
*** *** *** ***
For further enquiries, please contact:
Ms. Cui Liu
Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-6641
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn
Mr. Bunny Lee
Porda Havas International Finance Communications Group
Tel: +852 3150 6707
Fax: +852 3150 6728
E-mail: cnooc.hk@pordahavas.com
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SOURCE CNOOC Limited