Brazil Selects Gileno Gurjao Barreto as Petrobras Chairman
The Brazilian government selected Gileno Gurjao Barreto on Thursday as its nominee to chair state-run oil giant Petrobras' board.The Mines and Energy Ministry also confirmed Caio Mario Paes de Andrade as its nominee to be Petrobras' chief executive.The nominations, which still need to be approved by shareholders, come weeks after Brazil's President Jair Bolsonaro ousted the company's previous chief executive, who served less than two months on the job.Bolsonaro Fires Second Petrobras CEO in Two MonthsBarreto is a law graduate from the University Center of Brasilia with an MBA from the
Mariner Training in Brazil: Inside the Institute of Nautical Sciences
for personnel working on offshore mobile units), concluded in early 2002, after which, following an evaluation by Bureau Veritas, it was accredited by the Liberian Maritime Authority. At the end of the same year, it began the evaluation process carried out by Petrobras, which, on behalf of the Brazilian government, was delegated by the Ports and Coasts Board. In May 2003, it obtained the accreditation of the Brazilian Maritime Authority. The ICN is also recognized by the Maritime Authorities of Liberia, Marshall Islands, and Vanuatu, and has been officially nominated as a Filling Agent by Liberia and
CMPort Acquires Container Terminal in Brazil
recognized by local governments and people. They achieved not only sound economic benefits but also social benefits, creating employment and inland tax revenue. We will also endeavour to make TCP a win-win cooperation model.” Upon the takeover of TCP, with the strong support of the Brazilian government, CMPort will take TCP as a new starting point and join hands with Brazilian partners, working unremittingly to achieve win-win and to create a glorious future with mutually beneficial cooperation between China and Brazil
Floating Production's Future: The 6 Things You Need to Know Now
are obviously being felt. In March Petrobras announced plans to lay off 12,000 staff – a 15% personnel reduction. Reports are circulating that the (already downsized) plan to invest $93 billion in capital projects over the next five years looks about to be cut to $80 billion. The Brazilian government is dealing with many problems and is increasing unable to provide financial backup to Petrobras. The Brazilian economy is deteriorating at an alarming rate – with GDP falling 3.8% in 2015, expectations of a similar decline this year and unemployment nearing 10%. One piece of good news
