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Petrobras, Shell, Total, Repsol registered to bid for Brazil oil cargo

Petrobras, Shell, Total, Repsol registered to bid for Brazil oil cargo
FILE PHOTO: The logo of Brazil's state-run oil company Petrobras is pictured in the company headquarters in Sao Paulo, Brazil February 20, 2018. REUTERS/Paulo Whitaker/File photo   -   Copyright  Paulo Whitaker(Reuters)
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BRASILIA (Reuters) – Petrobras <PETR4.SA>, Royal Dutch Shell <RDSa.AS>, Total <TOTF.PA> and Repsol <REP.MC> have registered to bid on oil cargo the Brazilian government will be auctioning later this week, Pre-sal Petroleo SA, the state company managing contracts to develop the coveted offshore pre-salt layer, said on Monday.

The oil cargo is the government’s share of production in the Mero, Lula and Sapinhoa fields in the Campos and Santos offshore basins. A previous attempt by the government to sell its share of the oil failed. The auction will take place on Aug 31.

(Reporting by Anthony Boadle; Editing by Phil Berlowitz)

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