Petrobras Names Former Vale Exec as CFO

Tuesday, March 19, 2019

Brazil's state-controlled oil company Petróleo Brasileiro SA, or Petrobras, named Andrea Marques de Almeida, an engineer and former executive at mining company Vale SA, as its new chief financial officer, according to a securities filing.

Andrea Almeida will replace Rafael Salvador Grisolia, who will take over as chief executive of the company's fuel distribution unit Petrobras Distribuidora SA. Petrobras said the changes will be submitted for approval by some internal committees and by its board.


(Reporting by Marcelo Teixeira; Editing by Rashmi Aich)

Categories: Finance People Industry News South America

Related Stories

Saipem, Subsea 7 Merger Could Rise Prices, Lower Market Competition

Suriname's GranMorgu FPSO Project to Evaluate Wind-Assisted Towing

Gulf Marine Services Expands Brazil Presence with New Jack-Up Charter

Current News

KOIL Energy Lands First Brazil Subsea Maintenance Job

Allseas Readies Overhauled Solitaire Pipelayer for Gulf Return

Oil Eases After Topping $100, Still Set for Weekly Rise

Expro Strengthens Offshore Drilling Business with New Acquisition

Subscribe for OE Digital E‑News