Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
LNG steps in as Brazil’s gas boom masks tight marketable supply
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia, tells Petroleum Economist
Outlook 2026: South America’s oil growth story masks hidden risks
Brazil, Guyana and Argentina to lead additional crude supply increases, but the rest of the region remains patchy
Brazil could be an energy trailblazer
The oil powerhouse will not just join the top five crude exporters in the coming years, it may be a model for how petrostates balance growth, policy and sustainability
TotalEnergies sticks to winning formula
TotalEnergies is an outlier among other majors for remaining committed to low-carbon investments while continuing to replenish and expand its ample oil and gas portfolio, with an appetite for high risk/high return projects.
Brazil looks to solve its energy security travails
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
Brazil rides a production wave
Latin America’s largest economy expects big uptick in crude this year with the imminent arrival of several FPSOs
Hydrocarbon Processing Refining Databook 2025: Americas
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors
Latin America’s evolving crude outlook
New supply from Argentina, Brazil and Guyana is rich in middle distillates, but optimism in terms of volume growth remains tempered by regulatory and technical risks as well as price volatility
Brazil awaits contentious Equatorial Margin call
Political rancour is rising as politicians appeal for environmental licence to explore the mouth of the Amazon
Brazil seeks greater oil market influence
Despite environmental criticism, President Lula sees opportunity to build bridges with OPEC+ allies
Lapa oil development expected startup in 2025
TotalEnergies Brazil
Simon Ferrie
16 January 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

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
Letter from the US: Oil refining gets a do-over
24 March 2026
It is an unusual story of out with the new and in with the old, as America First Refining shows the US going back to trusted energy security developments
Middle East chaos creates new oil and gas trends
23 March 2026
A complex and sometimes contradictory web of factors that include unpredictable oil prices, the globalisation of LNG markets, the expansion of Middle Eastern sovereign capital and the growth of datacentre demand will shape the energy landscape beyond 2026
The key arteries of the energy world
23 March 2026
The Strait of Hormuz crisis highlights how key waterways can become global chokepoints
A bigger and longer crisis
20 March 2026
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search