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CNOOC starts production at Brazil's Mero4 oil project, aiming for 770,000 barrels per day.
CNOOC Limited announced the start of production at the Mero4 oil project off Brazil's coast on May 24, 2025.
The project uses advanced technology, including an FPSO, to separate oil and gas underwater, aiming to boost production to 770,000 barrels per day while reducing emissions.
Petrobras leads the project with a 38.6% stake, alongside TotalEnergies, Shell Brasil, CNPC, and Pré-Sal Petróleo S.A.
The FPSO, named Alexandre de Gusmão, arrived ahead of schedule and will process up to 180,000 barrels of oil daily.
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CNOOC comienza la producción en el proyecto petrolero Mero4 de Brasil, con un objetivo de 770.000 barriles por día.