TotalEnergies has stated that in cooperation with Petrobras and other key stakeholders in the Atapu and Sépia consortiums, the Final Investment Decision (FID) has been reached for the next phase of development in the Atapu and Sépia oil fields located in the prolific pre-salt Santos Basin, offshore Brazil.

The Atapu field has been producing since 2020 through the P-70 Floating Production Storage and Offloading (FPSO) unit, with a production capacity of 150,000 barrels per day (bbl/d) of oil. The second development phase, Atapu-2, will comprise a newly built FPSO of 225,000 bbl/d of oil capacity.

TotalEnergies owns an interest of 15% in the Atapu field, in partnership with Petrobras (65.7%, operator), Shell (16.7%), Petrogal (1.7%) and PPSA (0.9%).

The Sépia field has been producing since 2021 through the Carioca FPSO unit, with a production capacity of 180,000 bbl/d of oil. The second development phase, Sépia-2, will also comprise a newly built FPSO of 225,000 bbl/d of oil capacity.

TotalEnergies owns an interest of 16.9% in the Sépia field, in partnership with Petrobras (55.3%, operator), Petronas (12.7%), QatarEnergy (12.7%) and Petrogal (2.4%).

Production from the new FPSOs is set to commence in 2029, focusing on reducing greenhouse gas emissions through innovative features like all-electric configurations and technologies such as waste heat recovery, closed flare, cargo oil tank gas recovery and variable speed drive for compressors and pumps.