The project complements SEAP I, which targets fields Agulhinha, Agulhinha Oeste, Cavala, and Palombeta, but only SEAP II has secured a defined production timeline. Together, these projects could yield up to 18 million cubic meters of gas per day via a new subsea infrastructure network and a dedicated gas pipeline planned for commissioning alongside the FPSO in 2030. The integrated development anticipates deploying cutting-edge deep-water technologies, reaching depths up to 3,000 meters.
With the approval, Petrobras consolidates SEAP II as part of its firm investment portfolio within its 2026-2030 business plan, allocating approximately US$5 billion to the project. The strategic move aims to increase national gas availability and economic activity in Sergipe, potentially generating nearly R$37.8 billion in regional GDP impact and creating up to 170,000 jobs across direct, indirect, and induced effects. The initiative also received proactive support from the Sergipe state government and regulatory bodies including MME and ANP, following resolution of prior licensing and royalty issues.
This article was curated and published as part of our South American energy market coverage.
