By Marta Nogueira and Rodrigo Viga Gaier
An onshore and offshore auction round in
"We will go in selectively," Parente said at an event in
Majors are likely to vie for a handful of blocks in theprolific offshore Campos and Santos basins on Thursday, withminimum signing bonuses of up to
Twenty-one companies including Chevron, BP,Exxon, Royal Dutch Shell, Statoil, and Totalhave registered to bid in a round where 70 blocks arebeing offered.
Parente also said Petrobras should at a minimum reach a netdebt goal of 2.5 times earnings before interest, tax,depreciation and amortization this year. Petrobras, he added,could even achieve net debt of 2 times EBITDA if oil pricesremain around
Petrobras continues to work to regain fuel market share andexpects good results, especially in diesel, Parente added.(Writing by Alexandra AlperEditing by Chizu Nomiyama)