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STXNEWS LATAM-Shell says interested in Brazil oil auctions
April 18, 2013 / 6:46 PM / 5 years ago

STXNEWS LATAM-Shell says interested in Brazil oil auctions

Royal Dutch Shell Plc is interested in bidding for oil exploration rights in Brazil this year, the firm’s CEO Peter Voser said after meeting with Brazilian President Dilma Rousseff in Brasilia.

Shell has already won approval to bid in an auction slated for May, Brazil’s first since 2008. The company may also participate in a subsalt oil round scheduled for November and a natural gas auction slated for October, Voser said.

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