TotalEnergies, in collaboration with operator Petrobras and their partners in the Atapu and Sépia consortiums, have reached the Final Investment Decision for the second development phase of the Atapu and Sépia fields. These fields are situated in the prolific pre-salt Santos Basin, offshore Brazil.
The Atapu field, operational since 2020, utilises the P-70 Floating Production Storage and Offloading unit, which has a production capacity of 150,000 barrels of oil per day. The second phase, known as Atapu-2, will introduce a newly built FPSO with a capacity of 225,000 bopd. In this field, TotalEnergies holds a 15 percent interest, partnering with Petrobras (65.7 percent, operator), Shell (16.7 percent), Petrogal (1.7 percent), and PPSA (0.9 percent).
Similarly, the Sépia field has been producing since 2021 through the Carioca FPSO unit, with a capacity of 180,000 bopd. The Sépia-2 phase will also involve a new FPSO capable of 225,000 bopd. TotalEnergies owns a 16.9 percent stake in the Sépia field, alongside Petrobras (55.3 percent, operator), Petronas (12.7 percent), QatarEnergy (12.7 percent), and Petrogal (2.4 percent).
The two new FPSOs are scheduled to commence production in 2029. Designed with an emphasis on minimizing greenhouse gas emissions, these units will feature an all-electric configuration and incorporate technologies such as waste heat recovery, closed flare systems, cargo oil tank gas recovery, and variable speed drives for compressors and pumps.
Nicolas Terraz, president of exploration & production at TotalEnergies, stated: “The decision to launch Sépia-2 and Atapu-2 is a new milestone in our strong growth story in Brazil, a core area for the Company thanks to its world-class low-emission and low-cost oil resources. 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 barrels of oil equivalent per day (boepd) in equity production for the Company. At their plateau Sépia-2 and Atapu-2, the tenth and eleventh FPSO for TotalEnergies in Brazil, will contribute to maintaining TotalEnergies’ production in this key country above 200,000 boepd.”
This strategic decision underscores TotalEnergies’ commitment to enhancing its production capabilities in Brazil, leveraging the region’s substantial low-emission, low-cost oil resources while advancing sustainable energy practices.
For more information visit www.totalenergies.com
