PARIS, Jan 16 (Reuters) - TotalEnergies has approved the final investment decision of the Lapa South-West oil development located in the Santos Basin, 300 km off the coast of Brazil.

TotalEnergies has a 45% stake in the project, in partnership with Shell, which holds 30%, and Repsol Sinopec , which has 25%. (Reporting by Sudip Kar-Gupta; Editing by Jan Harvey)