REG-TotalEnergies SE Brazil: Launch of an Innovative Subsea Technology to Separate and Reinject CO2-rich Gas into the Mero field

TotalEnergies SEAnnouncement

08/01/2024 07:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240108:nBw9zngnxa&default-theme=true


Brazil: Launch of an Innovative Subsea Technology to Separate and Reinject
CO2-rich Gas into the Mero field

 

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 Brazil, it should
find applications for other projects within the Company. Such innovation fits
with TotalEnergies' approach to develop its businesses while reducing its
emissions and costs, to improve its competitiveness in a sustainable way",
said Namita Shah, President, OneTech at TotalEnergies.

Mero is a unitized field, operated by Petrobras (38.6%), in partnership with
TotalEnergies (19.3%), Shell Brasil (19.3%), CNPC (9.65%), CNOOC (9.65%) and
Pré-Sal Petróleo S.A (PPSA) (3.5%).

About TotalEnergies in Brazil

TotalEnergies has been operating in Brazil for almost 50 years, through six
subsidiaries, and today employs more than 3,500 people in its business
segments, in Exploration & Production, gas, renewable electricity (solar
and wind), lubricants, chemicals and distribution.

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
Brazil. In October 2022, the company entered into a partnership with Casa dos
Ventos, Brazil's leading renewable energy player, to jointly develop a 12 GW
renewable energy portfolio.

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.

***

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.

@TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergies&esheet=53878574&newsitemid=20240108147559&lan=en-US&anchor=%40TotalEnergies&index=1&md5=eef990558dc1d624729c3f4e86d367e9)
l TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftotalenergies%2F&esheet=53878574&newsitemid=20240108147559&lan=en-US&anchor=TotalEnergies&index=2&md5=3fd1ade4eceb0595b8c21e0edbdd0c99)
l TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2FTotalEnergiesFrance%2F&esheet=53878574&newsitemid=20240108147559&lan=en-US&anchor=TotalEnergies&index=3&md5=d7ebb8b64910ce3b21426f954dffc1aa)
l TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Ftotalenergies%2F&esheet=53878574&newsitemid=20240108147559&lan=en-US&anchor=TotalEnergies&index=4&md5=3a770ecc1c83e8001675ebee732fb20f)

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.
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 Universal 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).

TotalEnergies Contacts

Media Relations: +33 (0)1 47 44 46 99 l @TotalEnergiesPR 
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergiesPR&esheet=53878574&newsitemid=20240108147559&lan=en-US&anchor=%40TotalEnergiesPR&index=5&md5=ad3616bb688e333fa1140bbc9572e2f5)

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



View source version on businesswire.com:
https://www.businesswire.com/news/home/20240108147559/en/
(https://www.businesswire.com/news/home/20240108147559/en/)

TotalEnergies


Copyright Business Wire 2024