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Business oil production

TotalEnergies Starts Lapa South-West Oil Production

Analysis based on 12 articles · First reported Mar 11, 2026 · Last updated Mar 11, 2026

Sentiment
60
Attention
4
Articles
12
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard

The start-up of the Lapa South-West project by TotalEnergies and its partners is expected to have a positive impact on the oil and gas market, increasing supply and potentially influencing crude oil prices. It also signals continued investment and growth in offshore oil production, particularly in Brazil.

Oil and gas Energy

TotalEnergies, as the operator with a 48% interest, along with partners Shell plc (27%) and Repsol (25% via Repsol Sinopec Brazil), has commenced oil production from the Lapa South-West project in Brazil's Santos Basin. Located approximately 300 kilometers offshore, this project involves three wells tied back to the existing Lapa floating production, storage, and offloading (FPSO) unit. The development is projected to increase production from the Lapa field by 25,000 barrels per day, bringing the total output to 60,000 barrels per day. This initiative is a significant milestone for TotalEnergies in Brazil, aligning with its strategy to achieve a 3% annual production growth until 2030 and leveraging existing infrastructure for low-cost and low-emission oil production. The start-up follows the Mero-4 project in May 2025 and precedes future developments like Atapu-2 and Sépia-2 expected in 2029.

100 TotalEnergies started oil production from Lapa South-West project
90 TotalEnergies increased oil production from Lapa field by 25,000 bpd
80 TotalEnergies ramped up portfolio in Brazil Brazil
60 Shell plc partnered in Lapa South-West project TotalEnergies
60 Repsol partnered in Lapa South-West project TotalEnergies
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TotalEnergies, as the operator with a 48% interest, benefits significantly from the Lapa South-West project's start-up, which increases oil production and aligns with its strategy to grow production by 3% per year until 2030. This project enhances its portfolio in Brazil, a key growth country for the company.
Importance 100 Sentiment 70
cnt
Brazil benefits from increased oil production and continued investment in its offshore Santos Basin, reinforcing its position as a significant oil-producing nation. The project contributes to the nation's energy sector development.
Importance 80 Sentiment 20
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Shell plc, as a partner with a 27% interest in the Lapa South-West project, benefits from the increased oil production and the utilization of existing infrastructure, contributing to its upstream portfolio.
Importance 60 Sentiment 30
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Repsol, through its subsidiary Repsol Sinopec Brazil with a 25% interest, sees positive returns from the Lapa South-West project's start-up, which contributes to its international exploration and production efforts.
Importance 60 Sentiment 30
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Nicolas Terraz, President Exploration & Production of TotalEnergies, is highlighted for his leadership in achieving this milestone, reinforcing TotalEnergies' strategic objectives.
Importance 40 Sentiment 50
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José Carlos Vicente Bravo, Executive Director of International E&P at Repsol, acknowledges the efficient delivery of the project, which helps high-grade Repsol's upstream portfolio.
Importance 20 Sentiment 50
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