
Oil exploration in the Santos Basin. (Source: Shutterstock)
France’s TotalEnergies and Brazil’s state-owned Petrobras have taken a final investment decision (FID) with their partners for the second development phase of the Atapu and Sépia fields located in the pre-salt Santos Basin offshore Brazil.
Sépia-2 and Atapu-2 are the tenth and eleventh FPSO for TotalEnergies in Brazil and will contribute to Total’s more than 200,000 boe/d production capacity, TotalEnergies President of E&P Nicolas Terraz said May 27 in a company press release.
“Following the startup of Mero-2 in late 2023 and the upcoming startups of Mero-3 in 2024 and Mero-4 in 2025, Brazil will soon account for more than 200,000 boe/d in equity production for the company,” Terraz said.
Each field will receive a new-build FPSO, which are expected to start producing in 2029, TotalEnergies said in the release.
The Atapu-2 second development phase will include a new-build FPSO with 225,000 bbl/d of capacity. TotalEnergies owns a 15% interest in the Atapu field. Partners in the field include: Petrobras (65.7%, operator), Shell (16.7%), Petrogal (1.7%) and PPSA (0.9%).
The Atapu field has been producing since 2020 through the P-70 FPSO. The vessel has a 150,000 bbl/d production capacity.
The Sépia-2 second development phase will also include a new-build FPSO with 225,000 bbl/d of capacity. TotalEnergies owns an interest of 16.9% in the Sépia field. Partners in the field include Petrobras (55.3%, operator), Petronas (12.7%), QatarEnergy (12.7%) and Petrogal (2.4%).
The Sépia field has been producing since 2021 through the Carioca FPSO, which has a 180,000 bbl/d production capacity.
Both of the new-build FPSOs will be designed to minimize greenhouse gas emissions through an all-electric configuration and technologies such as waste heat recovery, closed flare, cargo oil tank gas recovery and variable speed drive for compressors and pumps, TotalEnergies said in the release.
Recommended Reading
Fermi Secures Over 600 MW of Clean, Gas-Fired Power for AI Campus
2025-07-02 - The acquisition is part of Fermi America’s plans to have 1 gigawatt of power available by the end of 2026.
Data Suggest BPX Worth at Least $10B in BP Merger Carve-Out
2025-05-28 - The business unit’s all-shale holdings’ “attractiveness” to potential BP Plc suitors “would likely be an important input into any portfolio evaluation and [merger] due diligence process,” said J.P. Morgan Securities analyst Matthew Lofting.
BP Targets 25% Resource Recovery from Eagle Ford Refracs
2025-05-19 - BPX employs a strategy that’s “a little bit country, a little bit rock and roll” to maximize assets across the portfolio, especially in the Eagle Ford, says Shawn Holzhauser, vice president for development.
Greylock Packs a One-Two Punch with ‘Demand-Driven Projects’
2025-07-13 - Privately held producer Greylock Energy gains traction in both upstream and midstream deal-making, boosting build-out in Appalachia and the Rockies.
Flotek Buys Power Generation Assets from ProFrac for $105MM
2025-04-29 - Flotek Industries Inc. said the assets include digitally enhanced mobile natural gas conditioning and distribution units to provide real-time gas monitoring and dual fuel optimization.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.