Brazil: Launch of an Innovative Subsea Technology to Separate and Reinject CO2-rich Gas into the Mero field
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Insights
Introducing the high pressure subsea separation technology (HISEP®) in the Mero field represents a significant technological advancement within the energy sector. By enabling the separation of oil from CO2-rich gas at the ocean's bottom, this pilot unit could set a new standard for deep offshore operations. The capacity to reinject gas directly into the reservoir is a game-changer, potentially minimizing the environmental footprint of such extraction processes. This aligns with the broader industry trend towards more sustainable practices, as companies face increasing pressure to reduce greenhouse gas (GHG) emissions.
From a production standpoint, the reduced need to send gas to the topside floating production storage and offloading (FPSO) unit could lead to enhanced field production capacity. This efficiency gain may translate into a competitive advantage for TotalEnergies and its partners, allowing them to maximize resource extraction while potentially lowering operational costs. However, it's essential to consider the initial investment and the technology's scalability to other projects to fully grasp its economic viability.
The implementation of HISEP® technology is not only a technical innovation but also a strategic move in terms of environmental compliance and corporate responsibility. By reducing the GHG emissions intensity, TotalEnergies is proactively adapting to stricter environmental regulations and positioning itself as a leader in sustainable offshore development. The ability to reinject CO2-rich gas back into the reservoir could serve as a form of carbon capture and storage (CCS), a crucial component in the transition to a lower-carbon future.
Stakeholders, including investors and regulatory bodies, are likely to view this development favorably, as it demonstrates TotalEnergies' commitment to reducing its carbon footprint. The long-term benefits may include not only regulatory compliance but also enhanced company reputation and stakeholder trust. It is important to monitor how this technology performs in real-world conditions and its impact on the company's overall sustainability targets.
The Mero field is situated in the Brazilian pre-salt, a region known for its abundant oil reserves and challenging extraction conditions. The adoption of HISEP® technology by the Libra Consortium, where TotalEnergies holds a significant stake, represents a strategic investment in maintaining the field's competitiveness within the global market. By increasing production capacity and reducing emissions, TotalEnergies is likely to enhance its market position.
Considering the consortium's composition, with major industry players like Petrobras, Shell, CNPC and CNOOC involved, the success of this pilot could encourage broader adoption of similar technologies across the sector. This could have ripple effects on the industry's operational standards and investment patterns. It's critical to track the pilot's performance metrics, as successful deployment could lead to a reevaluation of assets and resource management strategies in similar geological settings.
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that Libra Consortium has taken the final investment decision to develop an innovative natural gas and CO2 separation and reinjection facility for the Mero field in the Brazilian deep offshore pre-salt.
This pilot unit, using a pioneer high pressure subsea separation technology (HISEP®), will separate oil from CO2-rich gas at the bottom of the ocean and reinject the gas directly into the reservoir. This technology has the potential to reduce the amount of gas sent to the topside FPSO, thus enabling to reduce the GHG emissions intensity while increasing the field production capacity.
This innovation is part of the Libra Consortium's research and development programs. The HISEP® subsea separation pilot unit will be connected to the Marechal Duque de Caxias FPSO (Mero 3 project), which is currently under construction.
"TotalEnergies is proud to participate to the development of this new technology in the Mero field. In addition to its benefits in
Mero is a unitized field, operated by Petrobras (
About TotalEnergies in
TotalEnergies has been operating in
TotalEnergies' Exploration & Production portfolio currently includes 11 licenses, of which 4 are operated. In 2023, the Company's average production in the country will reach approximately 140,000 barrels of oil equivalent per day.
TotalEnergies is investing in the growth of the renewable energy segment in
TotalEnergies is also active in the Brazilian fuel distribution market with a network of about 240 filling stations as well as several storage facilities for petroleum products and ethanol.
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About TotalEnergies
TotalEnergies is a global multi-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 energy that is ever more affordable, more sustainable, more reliable and accessible to as many people as possible. Active in nearly 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
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