August 27, 2018 / 9:22 PM / a year ago

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

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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