Energy, Oil & Gas

bp agrees to sell exploration stakes to Shell in Brazil, Gulf of America

bp and Shell have agreed terms for Shell to acquire a 50 per cent stake in the Tupinambá exploration block in the Santos Basin, offshore Brazil, in addition to a 30 per cent stake in five leases containing the Conifer exploration prospect in the deepwater Gulf of America Paleogene. ...

Energy, Oil & Gas

TotalEnergies announces start-up of Lapa South-West project offshore Brazil

TotalEnergies (48 per cent, operator) has started up the Lapa South-West project in Brazil’s Santos Basin. Three wells tied to the existing Lapa FPSO will boost the field’s production by about 25,000 barrels per day....

Energy, Oil & Gas

Shell grows interest in Atapu, Mero units offshore Brazil

Shell Brasil has increased its stakes in Brazil’s pre-salt Atapu and Mero offshore projects in the Santos Basin, acquiring additional equity through a Pré-Sal Petróleo auction, raising its interests to 16.917 per cent in Atapu and 20 per cent in Mero....