on TOTALENERGIES (EPA:TTE)
Final Investment Decision for Atapu-2 and Sepia-2 in Brazil
TotalEnergies, Petrobras and their partners have made the Final Investment Decision for the second phases of development of the Atapu and Sepia fields in the pre-salt Santos basin, Brazil. The fields will see the addition of new floating production, storage and offloading (FPSO) units of 225,000 barrels/day each.
Production from Atapu, started in 2020, will be increased by the new FPSO. TotalEnergies holds 15% in this field. Likewise, Sepia, in production since 2021, will also benefit from an additional FPSO. TotalEnergies holds 16.9% in this field.
The new FPSOs, operational from 2029, have been designed to minimize greenhouse gas emissions using several innovative technologies. These projects consolidate the growth of TotalEnergies in Brazil.
R. P.
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