TotalEnergies, Repsol, and Shell bring Lapa South-West oil project online off Brazil
TotalEnergies, Repsol Sinopec Brazil, and Shell have commenced production from the Lapa South-West project in Brazil's Santos Basin, an offshore oil and gas development. The project, operated by TotalEnergies with a 48% interest, is expected to increase production from the Lapa field by approximately 25,000 barrels of oil per day, leveraging existing subsea infrastructure tied back to the Lapa FPSO unit. This development contributes to TotalEnergies' objective to grow production by 3% per year until 2030 and follows other recent upstream developments in Brazil.
Counterparts (3)
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- Adds ~25,000 bopd to Lapa field production.
- TotalEnergies operates with a 48% interest.
- Contributes to TotalEnergies' 3% annual production growth target until 2030.
- Utilizes existing Lapa FPSO and subsea infrastructure.
Source Intelligence
The project is expected to increase production from the Lapa field by around 25,000 barrels of oil per day. "expected to increase production from the Lapa field by around 25,000 barrels of oil per day." Total production from the Lapa field is lifted to around 60,000 gross barrels of oil per day. "The start-up lifts total production from the Lapa field to around 60,000 gross barrels of oil per day." The project leverages existing subsea infrastructure tied back to the Lapa FPSO unit. "leveraging existing subsea infrastructure tied back to the Lapa FPSO unit." The FPSO unit is named Cidade de Caraguatatuba MV27. "The FPSO Cidade de Caraguatatuba MV27, deployed for operation in the Lapa field (Credit: MODEC)" TotalEnergies holds a 48% interest, Repsol Sinopec Brazil 25%, and Shell 27%. "TotalEnergies operates the project with a 48% interest, alongside Repsol Sinopec Brazil with 25% and Shell with 27%." The development uses subsea infrastructure tied back to the existing FPSO, allowing the partners to develop additional reserves while utilizing spare processing capacity on the facility. "The development uses subsea infrastructure tied back to the existing FPSO, allowing the partners to develop additional reserves while utilizing spare processing capacity on the facility." This project delivers low cost and low emission oil production. "This project, which leverages the available capacity of the existing Lapa facilities, delivers low cost and low emission oil production in line with our company strategy" It contributes to TotalEnergies' objective to grow production by 3% per year until 2030. "and contributes to the achievement of our objective to grow our production by 3% per year until 2030"
"TotalEnergies and its partners Repsol and Shell have started production from the Lapa South-West project in Brazil’s Santos Basin. [...] TotalEnergies operates the project with a 48% interest"
"TotalEnergies and its partners Repsol and Shell have started production from the Lapa South-West project in Brazil’s Santos Basin. [...] alongside Repsol Sinopec Brazil with 25%"
"TotalEnergies and its partners Repsol and Shell have started production from the Lapa South-West project in Brazil’s Santos Basin. [...] and Shell with 27%."
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