French oil company Total has taken the investment decision for the first large-scale development phase of the Libra project, located 180 kilometers off the coast of Rio de Janeiro, in the pre-salt area of the Santos Basin in Brazil.
This phase, consisting of a floating production storage and offloading (FPSO) unit with a production capacity of 150,000 barrels of oil per day and 17 wells, will be deployed in the Northwestern part of the block, Total said on Monday.
Brazil Energy Insight 
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