First oil flow for TotalEnergies in Brazil

The Brazilian operating arm of TotalEnergies, TotalEnergies EP Brasil, recently brought an offshore oil project online in the Santos Basin located 300 km off Brazil’s coast.

As operator, TotalEnergies has a 48 per cent interest in the endeavour, known as “Lapa South-West”. The site involves three wells that are connected to “Lapa”, a floating facility engineered for storage, production and offloading oil.

According to sources, the project will boost production from the Lapa oil field by 25,000 barrels a day to about 60,000 gross barrels a day. Operating as part of a consortium, TotalEnergies has partnered with Shell and Repsol, which hold a 27 per cent and 25 per cent interest in the project respectively.

President for exploration and production at TotalEnergies, Nicolas Terraz, commented that the start-up of the Lapa South-West project was an important milestone for the French energy major in Brazil. He called the South American nation a key growth country for Total, and said that the project leveraged the company’s existing capabilities in the region.

Terraz added that the project supplies low emission and low-cost oil production that serves TotalEnergies current strategy to grow its oil production capacity by 3 per cent annually until 2030.

With business interests in between 120 to 130 countries, TotalEnergies is an international player in a wide range of oil and gas activities from exploration to marketing. It also offers state-of-the-art lubrication solutions via Total Lubricants, which supplies refrigeration compressor oil, turbine oil, grease, hydraulic oil, metalworking cutting fluid and coolant, among many other products.

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