The Governance of a Production Sharing Contract was one of the challenges for Libra Project. In this 10th anniversary of first round bidding in Brazil there are a lot of celebrate. Libra Project created a robust governance project. The aim of this paper is to show how this governance process supported Libra Project during these 10 years. It begins with an overview of Libra PSC, after it discuss about all challenges in the development strategy, remarking the new technologies created by Libra team. It brings the importance of the Libra Governance and cost oil recovery process, and finishes discussing Libra new challenges that are production and greenhouse emissions.

Keywords:
emission, pvt measurement, asset and portfolio management, subsea system, air emission, sustainability, social responsibility, sustainable development, upstream oil & gas, south america government
Subjects:
Offshore Facilities and Subsea Systems, Reservoir Characterization, Fluid Characterization, Improved and Enhanced Recovery, Storage Reservoir Engineering, Environment, Sustainability/Social Responsibility, Asset and Portfolio Management, Strategic Planning and Management, Professionalism, Training, and Education
Copyright 2023, Offshore Technology Conference DOI 10.4043/32901-MS
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