![oil exploration in the Santos Basin](/sites/default/files/styles/hart_news_article_image_640/public/image/2024/05/oil-exploration-santos-basin.jpg?itok=HYGMDBmf)
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.
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