Its role Owner
TotalEnergies EP Brasil Ltda is the exploration and production (E&P) subsidiary of TotalEnergies in Brazil, focusing on oil and gas operations in ultra-deepwater and pre-salt areas of the Campos and Santos Basins.
Established in 1998 and headquartered in Rio de Janeiro, it manages a portfolio of around 11 licenses, operating four key assets. Notable fields include Lapa (operator with 48% stake, Santos Basin pre-salt), Mero, Sépia, Atapu, Berbigão, and Sururu. Production averaged over 153,000 barrels of oil equivalent per day in 2024, with projections exceeding 180,000 boed in 2025 and reaching 200,000 boed by 2026.
Recent milestones include the 2026 start-up of the Lapa South-West project, enhancing output via existing FPSO infrastructure, and ongoing developments like Mero phases. The subsidiary emphasizes low-cost, low-emission production, supporting Brazil's energy sector and TotalEnergies' global upstream growth.
chemXplore tracks 1 project involving TotalEnergies Brasil, of which one is active.
Higher output and operating cash generation estimates accompany increased Capex, operating expenses and lease-flow guidance.
active all projects