RUI Rubis

By Inti Landauro

PARIS--Oil companies Total SA (TOT) and Royal Dutch Shell PLC (RSDA.LN) have opened exclusive talks to sell SRPP, a gas-station network on the French island of Reunion, to French oil-and-gas-storage firm Rubis SCA (RUI.FR).

Total and Shell own 50% each of SRPP, which operates 51 gas stations on Reunion, and markets fuels, lubricants and gas on the French island located in the Indian Ocean.

The companies didn't give a value for SRPP, which had sales of EUR250 million ($284 million) in 2014.

-Write to Inti Landauro at inti.Landauro@wsj.com

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