TotalEnergies will move forward with its operated Lapa South-West $1 billion tieback project offshore Brazil.
Three pre-salt wells in the Lapa South-West oil development in the Santos Basin will connect to the existing Lapa FPSO 12 km away. The FPSO has been producing the North-East part of Lapa field since 2016.
Production from Lapa South-West is expected to begin in 2025 and will increase Lapa field production by 25,000 bbl/d, bringing the field’s overall production to 60,000 bbl/d of oil.
TotalEnergies, which announced the final investment decision on Jan. 16, operates the project with 45% interest on behalf of partners Shell, with 30% interest, and Repsol Sinopec, with 25% interest.
TotalEnergies considers the pre-salt Santos Basin as a “key growth area for the company,” according to David Mendelson, senior vice president, Americas at TotalEnergies Exploration & Production.
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