TotalEnergies, partners win bids for two Brazilian offshore oil fields

23 December 2021
TotalEnergies, partners win bids for two Brazilian offshore oil fields

TotalEnergies, along with its co-venturers, has secured production sharing contracts (PSC) for the Atapu and Sépia pre-salt oil fields, offshore Brazil.

The PSCs have been awarded by from the Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP).

The field started production last year and has achieved a plateau of 160,000 barrels per day (bpd) with a first floating, production, storage and offloading unit (FPSO) in the eastern portion of the Santos Basin pre-salt, near the Búzios field.

TotalEnergies has a 22.5% stake in the Atapu PSC, while Shell owns a 21% stake. Petrobras is the operator with a 52.5% stake.

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