TotalEnergies approves final investment decision for Lapa oil project off Brazil

Reuters

Updated: 16-01-2023 12:44 IST | Created: 16-01-2023 12:43 IST

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TotalEnergies has approved the final investment decision of the Lapa South-West oil development located in the Santos Basin, 300 km off the coast of Brazil.

TotalEnergies has a 45% stake in the project, in partnership with Shell, which holds 30%, and Repsol Sinopec , which has 25%.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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