TotalEnergies: FID for two developments in Brazil – 05/27/2024 at 09:35


(CercleFinance.com) – TotalEnergies, the operator Petrobras and their partners, announce that they have made the Final Investment Decision (FID) for the second phases of the development of the Atapu and Sepia fields, in the Santos offshore basin, in Brazil.

These new development phases provide for two new floating FPSO units, with a capacity of 225,000 b/d of oil each, on these two fields where TotalEnergies holds stakes of 15% (Atapu) and 16.9% (Sépia).

These 10th and 11th TotalEnergies FPSOs in Brazil should start sequentially from 2029, and will help maintain the French oil and gas group’s production in this key country above 200,000 boe/d.



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