SBM Offshore
has completed the divestment of a 13.5% ownership interest in FPSO Sepetiba,
deployed at Petrobras’ Mero field offshore Brazil, to China Merchants Financial
Leasing (Hong Kong) Holding Co (CMFL).
New Delhi
SBM Offshore
is operator of the FPSO and will remain the majority shareholder with 51%
ownership interest. FPSO Sepetiba is
installed at the Mero unitized field located in the Santos Basin, approximately
180 kilometers offshore Rio de Janeiro in Brazil. It started production in late
2023.
The FPSO has
the capacity to produce up to 180,000 barrels of oil per day and a daily 12
million cubic meters of gas. It has storage capacity of 1,400,000 barrels of
oil.
The Mero
unitized field is operated by Petrobras (38.6%), in partnership with Shell
Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré-Sal
Petróleo S.A. (PPSA) (3.5%), representing the government in the non-contracted
area.