Petrobras CEO Graça Foster to be honored by SPE

7/18/2014

Petrobras CEO Graça Foster to be honored by SPE

RIO DE JANEIRO -- For the first time ever, a female Brazilian engineer will receive the highest global petroleum engineering award, presented by the Society of Petroleum Engineers (SPE). Petrobras CEO Graça Foster has been selected for the honor of receiving the 2014 Distinguished Lifetime Achievement Award, presented to professionals who have made an outstanding contribution to the world’s oil and gas industry.

The SPE’s 2014 Distinguished Lifetime Achievement Award will be presented during the organization’s annual gathering, the 2014 SPE Annual Technical Conference and Exhibition, which will take place on October 28 in Amsterdam, in the Netherlands. The purpose of this award, the most prominent among those to be presented at the event, is to honor the professional of the year for all the contributions they have made and show recognition of their exceptional devotion of time, effort, suggestions and activities on behalf of the oil and gas industry.

Maria das Graças Silva Foster graduated in chemical engineering from the Fluminense Federal University (UFF). She has been on the list of the company’s career professionals for 33 years. Since February 13, 2012, she has held the position of Petrobras CEO, while also performing the function of director of the International area since July 23, 2012. She was previously director of the Petrobras Gas and Energy business area, from September 2007 to February 2012. Between May 2006 and September 2007, Graça Foster was the CEO of Petrobras Distribuidora, a role she performed in addition to that of Financial director. In her technical career, she worked in oil well engineering.

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