TotalEnergies Launches Mero-4 Phase, Boosting Oil Production Capacity and Sustainability in Brazil

TotalEnergies Launches Mero-4 Phase, Boosting Oil Production Capacity and Sustainability in Brazil

(IN BRIEF) TotalEnergies has commenced oil production from the Mero-4 phase of the Mero field in Brazil, which will connect 12 wells to the new Alexandre de Gusmão FPSO unit. This phase increases Mero’s total production capacity to 770,000 barrels per day. Designed to minimize emissions, Mero-4 aligns with TotalEnergies’ commitment to sustainable oil production. The field is operated by Petrobras, with TotalEnergies holding a 19.3% stake. This development is part of the company’s broader strategy to grow production by 3% annually between 2024 and 2030.

(PRESS RELEASE) PARIS, 22-Apr-2025 — /EuropaWire/ — TotalEnergies has announced the successful startup of the first oil production from the fourth development phase of the Mero field, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt Santos Basin. Known as “Mero-4,” this new phase will see 12 wells connected to the newly commissioned Alexandre de Gusmão FPSO (Floating Production, Storage, and Offloading) unit, which boasts a production capacity of 180,000 barrels of oil per day (b/d). The project is designed with sustainability in mind, incorporating the reinjection of associated gas into the reservoir and eliminating routine flaring to minimize greenhouse gas emissions.

This milestone increases Mero’s total production capacity to 770,000 b/d across five FPSOs, with TotalEnergies’ share contributing approximately 100,000 barrels of oil equivalent per day (boe/d) at full capacity.

Nicolas Terraz, President of Exploration & Production at TotalEnergies, commented, “The start-up of Mero-4 marks the completion of the development of this world-class field, with four FPSOs commissioned in just three years. This milestone not only signifies a long-term production phase that will generate robust free cash flow but also highlights the growing importance of Brazil as a key growth country for TotalEnergies. The Mero field’s vast resources and high productivity enable us to produce low-cost, low-emission oil, aligning with our company strategy and contributing to our goal of increasing production by 3% annually from 2024 to 2030.”

Mero is a unitized field, operated by Petrobras (38.6%), with TotalEnergies holding a 19.3% stake, Shell Brasil (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.

About TotalEnergies in Brazil

TotalEnergies has been operating in Brazil for 50 years and employs close to 4,000 people in the country. Its presence encompasses Exploration & Production, gas, renewable electricity (solar and wind), lubricants and chemicals.
TotalEnergies’ Exploration & Production portfolio in the country currently includes 11 licenses, of which four are operated. In 2024, the Company’s average production in the country was 153,000 barrels of oil equivalent per day.
TotalEnergies is investing in the growth of the renewable energy segment in Brazil: in October 2022, it entered a partnership with Casa dos Ventos, Brazil’s leading renewable energy player, to jointly develop a 12 GW renewable energy portfolio, including onshore wind, photovoltaic and battery storage.

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

TotalEnergies Contacts

• Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR
• Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com

Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

SOURCE: TotalEnergies