MISC awarded FPSO contract by Petrobras

Malaysian shipping giant MISC has entered into a letter of intent with Brazilian oil major Petrobras for the provision of an FPSO to be installed at the Mero 3 development offshore Brazil.

The letter of intent sets the term of the charter at 22.5 years from the date of final acceptance of the Mero 3 FPSO, which is expected to commence operation in the first half of 2024.

The Mero 3 FPSO, to be named Marechal Duque de Caxias, will be installed at the Mero field located in the Libra Block in the Santos Basin. It will be the third unit to be installed in the Mero field and will have a processing capacity of 180,000 barrels of oil and 12m cbm of gas per day.

The Mero field is the third largest of the pre-salt and is located in the Libra area, and is operated by Petrobras which holds a 40% stake.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.


  1. Jason, I follow you reading your articles regarding all the FPSO news that will be manufactured for Latin America and I would like to be on your list when you write new news from the FPSO, my team and I frequently use Maritime data; because this company belongs to our IHS Markit group.
    Congratulations on your articles.

    Kind regards,
    Sir. Raul

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