Petrobras appointed Luciano Galvao Coutinho as chairman of the board after receiving Guido Mantega’s resignation on 26 March.
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Image of Petrobras headquarters. From OE Staff. |
Coutinho has been a member of the board since April 2008 and serves as president of the National Bank for Economic and Social Development.
In February, Petrobras named Aldemir Bendine as CEO of the company after former CEO Maria das Gracas Foster and five directors resigned from their posts after months of scandals.
Following the leadership shake up, Petrobras carried on with business as normal, announcing news of start–ups and a divestment plan.
The company began production from the P-61 platform, the first of its kind to be installed offshore Brazil and the first to use floating dry tree technology thereat the Papa Terra heavy oil field.
Days earlier, the Brazilian giant began early production at the deepwater Búzios field, in the Santos basin, also offshore Brazil. Average production will be limited to 15,000 b/d of oil at Búzios, due to issues of limiting gas utilization.
At the beginning of March, Petrobras’s executive board approved a two-year $13.7 billion divestment plan that includes exploration and production assets in Brazil and abroad (30%), as well as assets in the downstream (30%), and gas and energy (40%) segments.
Read more:
Petrobras starts up Papa Terra TLP
Petrobras starts early at Búzios
Petrobras board approves divestment plan
Petrobras names Aldemir Bendine CEO
Petrobras CEO, directors resign
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