Brazil: totalenergies increases its interest in lapa

Paris--(business wire)--totalenergies (paris:tte) (lse:tte) (nyse:tte) announces the signature of an agreement with shell brasil petrÓleo ltda to exchange its 20% non-operated interest in the gato do mato project for an additional 3% interest in lapa, a producing offshore oil field. upon closing, totalenergies will increase its stake in lapa to 48% (operator), alongside shell (27%) and repsol sinopec (25%). located in the santos basin, 270 kilometers off the coast of brazil, lapa is a deep-offs.
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