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flag CNOOC starts production at Brazil's Mero4 oil project, aiming for 770,000 barrels per day.

flag CNOOC Limited announced the start of production at the Mero4 oil project off Brazil's coast on May 24, 2025. flag 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. flag Petrobras leads the project with a 38.6% stake, alongside TotalEnergies, Shell Brasil, CNPC, and Pré-Sal Petróleo S.A. flag 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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