August 27, 2018 / 9:17 PM / 3 months ago

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

BRASILIA, Aug 27 (Reuters) - Petrobras, Royal Dutch Shell, Total and Repsol 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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