We arrived in Brazil in 1997 as one of the first companies to address the technological and operational challenges in the area. Since 2010, we have been developing our consortium Repsol Sinopex Brazil, and forming one of the largest private or independent energy companies in Latin America. Over the last two decades we have participated in the entire oil and gas value chain, in addition to the importing, sales, and distribution of basic oils and petrochemical products.
We also sell and distribute lubriants through our subsidiary in the country.
* Exploration*Production Chemicals
Pão de Açúcar, Seat, and Gávea
We have been in charge of the assessment campaign for Block BM-C-33 in the Campos basin. In terms of operators, we’ve made the Pan de azúcar, Seat, and Gávea discoveries. This is one of the most promising areas for gas production in the Brazilian pre-salt with recoverable volumes superior to 1 billion boe. This area is considered challenging, with its reservoirs at a depth of some 3,000 meters. The project is currently in the development and assessment phase, with in-depth studies of the field being carried out. Today the asset is operated by Equinor (35%) with Repsol Sinopec (35%) and Petrobras (30%) as partners.
Sapinhoá and Lapa
We are part of the consortium with rights to block BM-S-9, containing the Sapinhoá and Lapa fields in the Santos basin pre-salt. Exploration activities in the area of Block BM-S-9 began in the ‘70s and in 2013 production began on Sapinhoá. Two stationary production units are active at this asset: the FPSO Ciudad de São Paulo and the FPSO Ciudad de Ilhabela. Sapinhoá is currently the second-largest oil and gas-producing field in Brazil and the FPSO Ciudad de Ilhabela is ranked third nationwide in oil production according data from the ANP (Brazil’s National Petroleum Agency). The Sapinhoá consortium is operated by Petrobras (45%) with Repsol Sinopec (25%) and Shell (30%) as partners. The Lapa asset entered production relatively recently, in December 2016, and today ranks seventh in production among pre-salt oil and gas fields in Brazil. The FPSO Ciudad de Caraguatatuba is the production unit active in the field with a processing capacity of 100,000 boe/day. Total (35%), the asset’s operating company, works with Repsol Sinopec (25%), Shell (30%), and Petrobras (10%).
Albacora Leste was Repsol Sinopec’s first field in Brazil. We’ve been producing in the Albacora Leste since 1998 and are currently investing in new technologies to maximize our recovery factor from the field, always keeping safety and sustainability as our top priorities. Located in the Campos basin, this asset is operated by Petrobras (90%) with Repsol Sinopec holding the other 10%.
Located in the Santos basin pre-salt, the Sagitário discovery is in the exploration/assessment phase and is considered one of Repsol’s most important futures assets worldwide. We hold a stake in this consortium with Petrobras (operator, 60%) and Shell (20%).
We’ve had this exploratory block since October 2017. It is located in the waters of the Espirito Santo basin and has been adjudicated by Brazil’s National Petroleum Agency.
Repsol Exploraçao Brasil
São Paulo, New Century Itaim
Rua Leopoldo Couto de Magalhães Júnior, 759, 11º andar, salas 111 e 112, Itaim Bibi.
São Paulo, CEP 04542-000
Repsol Sinopec Brasil
Praia de Botafogo 300 - 7º andar, Botafogo.Rio de Janeiro - RJ 22250-040
+55 (21) 2559 7000
Updated on December 31st, 2019.