TotalEnergies and Shell swap stakes at two Brazil fields

Deal gives TotalEnergies a higher stake at Lapa development in the Santos basin

TotalEnergies chief executive Patrick Pouyanne.
TotalEnergies chief executive Patrick Pouyanne.Photo: CORPORATEEVENTIMAGES/UPSTREAM
Published 4 June 2025, 13:28Updated 4 June 2025, 13:28
BrazilTotalEnergiesShellLapaGato do Mato