TotalEnergies has set the wheels in motion to transfer its non-operated interest in a deepwater development project in the pre-salt area of the Santos Basin to Shell in exchange for the latter’s partial stake in its producing field off the coast of Brazil.

Gato Santos Basin Exploration Ecopetrol Shell Brasil Repsol Sinopec Javier Rielo Mato South Sal Petr France UK-headquartered Upon Located South-West Atapu