Petrobras has welcomed the arrival of the floating production, storage and offloading (FPSO) vessel Sepetiba for future work on the company’s giant Santos Basin offshore Brazil.

FPSO Sepetiba is currently undergoing technical procedures before it will be taken to the Mero field within the Santos Basin later this year. The FPSO is capable of producing up to 180,000 barrels of oil and 12mn cubic metres of gas per day, with production expected to begin in Q4 2023.

Sepetiba, which was delivered to Petrobras by SBM, is the second definitive FPSO to be installed in the Mero field, the third largest by volume of oil in place (VOIP), out of all four systems in place. The four units together will have the capacity to produce up to 720,000 barrels of oil per day.

The combined Mero field is operated by Petrobras in partnership with Shell Brasil, TotalEnergies, CNPC, CNOOC and Pré- Sal Petróleo S.A – PPSA.