Lapa oil development expected startup in 2025
IOCs to expand production at Brazil’s Lapa field
TotalEnergies and partners expect to produce 25,000bl/d from Lapa Southwest
A consortium led by TotalEnergies has taken FID on the Lapa Southwest oil development in Brazil, with startup expected in in 2025. Lapa Southwest is expected to produce 25,000bl/d, raising overall output from the Lapa fields to 60,000bl/d. The expansion will comprise three wells and connect to the existing Lapa floating production, storage and offloading unit, which serves Lapa Northeast, a field that has been in production since 2016. The project’s developers consist of operator TotalEnergies (45pc), Shell (30pc) and Aberdeen-based joint venture Repsol Sinopec (25pc). “This development represents an investment of approximately $1bn,” the French major states. 25,000bl/d – Planned outpu
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
