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Total announced first oil from Brazil

Total announced first oil from Brazil

French oil and gas company Total and their consortium partners have announced first oil from the Iara licence in the deepwater Santos Basin pre-salt offshore from Brazil.

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“First oil from Iara is a new milestone for Total in Brazil. It increases our share of production from the highly prolific pre-salt area, adding to current output from the Total-operated Lapa field, and the extended well tests under way on the Mero field,” explained Arnaud Breuillac, President Exploration & Production at Total.

Total acquired a working interest of 22.5% in Block BM-S-11A on January 12, 2018 as part of the strategic alliance with Petrobras, becoming a partner alongside operator Petrobras (42.5%), Shell Brasil Petróleo Ltda. (25%) and Petrogal Brasil S.A. (10%).

 By 2025, Total’s production should exceed 100,000 barrels of oil per day.

Maritime Business World 

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