Brazilian oil companies are seeming to find their success
in local collaboration, and the international community is taking notice.
Maurício Mendonça Godoy, a Harvard Business School alumni and the current CEO of (EBR)Estaleiros do Brasil Ltda; a company that deploys topside units to an oil field’s floating production, storage, and offloading systems, has partnered with Petrobras to expedite the construction of an offshore oil platform. A contractual agreement with Petrobras was reached with Maurício Mendonça Godoy and his team to construct the P-74, a floating platform, in the pre-salt sediment of the Santos Basin off the coast of Rio De Janeiro.
The significance of the offshore location for the P-74 is highly competitive because it is rapidly becoming to be Brazil’s premier location for black gold, with enough reserve to offset and surpass other international drill operations. Petrobras knew the potential of the location, which is why they tasked EBR to ensure the P-74 operated at a profitable capacity. The P-74 was slated to to produce a capacity of 150 thousand barrels a day and compress 7 million m3 of natural gas per day under difficult conditions. EBR projected that they could meet that demand and also reduce environmental impact by having most of construction materials for the project provided locally.
Since the fulfillment of the contract 60 days early, Maurício Mendonça Godoy has proven he can deliver; out of 29 thousand tons of processing plant, 24 thousand were made locally and manufactured in an EBR shipyard. As for oil production, his platform has been able to produce it’s projected 150 thousand barrels of oil and 6.5 million m3 of gas per day during field operations. While his platform alone is not enough to displace international oil competition, it does prove that Estaleiros do Brasil Ltda does have the capacity to complete complex projects and places Maurício Mendonça Godoy and his company on the Brazilian oil’s main stage.
50 Rector Park is a new apartment building located in Newark, New Jersey. A ribbon-cutting ceremony was held for it in the middle of 2019, which felt more like a rally. It’s a building that holds a great deal of meaning to Newark residents as it feels like it marks a turning point in the city’s trajectory. The ceremony was attended by Omar Boraie and his two sons, Wasseem and Sam. They are the leaders of Boraie Development, the company that had this building constructed and will be managing it. The building is 22-stories and has a mix of studio, one- and two-bedroom apartments. All of the apartments have access to first-class amenities. While speaking at the ribbon-cutting ceremony, Wasseem Boraie said that it took over a decade to get this project completed.
Boraie Development is based in New Brunswick. Omar Boraie is seen as the entrepreneur that turned around the fortune of that city. He now wants to do the same in Newark. He says that when he told people in 2006 that he wanted to build in Newark, they told him he was crazy. He believes in Newark and is willing to do what it takes to revitalize it. After four months, 55% of the apartments are already leased out. Omar Boraie said that his company isn’t the only one responsible for the success of 50 Rector Park. He credited the city administration and everyone in the crowd who was there to celebrate. He called out the New Jersey Economic Development Authority and Goldman Sachs for their patience with this project.
With an exceeding demand for competent Oil Extraction and Gas production companies, Boris Ivanov has an undeniable position in the industry. Boris Ivanov is also the CEO and managing director of the GPB Global Resources. The company is successfully functioning since 2011 in the production of Oil and Gas and functions related to them. Boris has also set worthy ties with other multi-national and prominent industries such as Gazprom. Gazprom itself is a Public Joint Stock Company, based and headquartered in Russia— it mainly deals with the extraction, production, transport, and sale of natural gas.
Talking about GPB Global Resources B.V., the company is based in Amsterdam. It has expanded its branches in many states in Africa and South America. Its expansion has been very beneficial for setting up various projects of Oil & Gas extraction in different regions. When it comes to running the Organization, Boris Ivanov doesn’t rely on old theorized techniques. He instead prefers to utilize upbeat solutions and the latest technological equipment. Boris, along with his best resources, has helped many countries to rise out of the underdevelopment and financial misery. Just like Africa. Africa had many countries drowned in poverty though they have an immense amount of natural resources still unraveled and abandoned.
GPB Global Resources B.V. has not only helped to connect these regions with the locale but also built infrastructure, roads and pathways, extractions sites, and enriched local communities with employment opportunities and enhanced their position globally. The industrial challenges that seemed impossible are now resolved with GPB Global Resources’ great help. Though Boris Ivanov is purely an industrial and entrepreneurial personality. Still, he is one of the utmost concerned individuals related to the climatic change matter that has created hype worldwide. He has engaged governments of different regions, especially Africa, to start campaigns and effective projects that can help overcome drastic climatic change and negative impact of industrial toxins. Not only that, but he also looks forward within his organization to implement strategies that contribute to a similar cause. Read More.
Plant-based burgers and those made from other meat alternatives seem to be the new food trend. If you haven’t tried them yet, then you have some catching up to do. Just the other day, OSI Group revealed that it had gotten it a co-manufacturing deal with Impossible Foods to begin producing the Impossible burger. Kevin Scott, the Senior Executive Vice President of OSI North America, mentioned the Impossible burgers they make would be on the shelves as early as next month.
Increasing Production Capacity
Scott went on to say that the deal is aimed at helping Impossible food increase its production capacity. He added that his company already had the equipment necessary for making the impossible burger installed. This McDonalds meat supplier said that the plan was to start with the available facility and equipment and slowly increase production. This will be achieved through the expansion of the available processing facilities and also the building of new ones. According to Sheetal Shah, the Impossible Foods Senior Vice President, the company has conducted comprehensive due diligence before making this co-manufacturing deal. The aim of this was to clearly understand both the short-term and long-term needs for this type of manufacturing. After the due diligence, Impossible Foods was confident that OSI Group was the right food processor to work with.
Committed To Quality and Service
Sheetal Shah pointed out that what stood out most for him about this industry-leading food processing company was its commitment to quality and service. Kevin Scott also assured the customers of the Impossible burger that his company had gone out of its way to make sure that they get the best. Moreover, the company will be using specialized lines of production to make the Impossible burger.
This American food company is based in Aurora, Illinois. OSI Group has perfected the art of delivering quality food products, and that’s why it’s the leading supplier of McDonalds meat. This new deal with Impossible Foods is an excellent opportunity for the company to expand its business and also embrace sustainable food production. Currently, the company operates 17 countries and has a total of 65 facilities and about 20,000 employees.
Dragon Boat Festival is a holiday observed annualy in China, dating back 2,000 years. It is a celebration of an ancient Chinese poet, and as is usual with Chinese festivals, a certain traditional food is eaten, in this case Zongzi, a rice dish stuffed with different fillings and wrapped in bamboo leaves. This year, on the first day of the festival, 47 tons of Wu Fang Zhai Zongzi were sold through JD.com. People in Northern China have tended to prefer sweet Zongzi while those in the South usually eat salty Zongzi with meat. Working with JD.com, Wu Fang Zhai was privy to JD.com’s research which revealed that many people have moved from Southern China to the North, and so now the salty Zongzi is gaining popularity there.
Wu Fang Zhai were thus able to adjust their marketing strategy and capture more of the Northern Chinese market. JD.com also advised Wu Fang Zhai on adjusting its packaging to appeal more to customers. Heavier boxes are more impressive to the Chinese, and the new Bamboo-made boxes weigh 500g more than the usual paper boxes and contain other foods, for instance duck eggs and duck meat. The new boxes were chosen four times as often as the traditional packaging.
Jing Zhang, Head of E-commerce at Wu Fang Zhai, said that JD’s knowledge of the e-commerce market and customer preferences, along with its supply chain expertise, has taken his company’s strengths to a new level, giving customers this year a better experience than ever before. JD.com has expressed how privileged they feel to be able to work with Wu Fang Zhai, such a highly regarded brand, to help assist the company to increased exposure and profit. Ordering through JD.com ensures that customers can rely on getting their orders of Zongzi on time before the festival and can choose exactly what type of Zongzi they want.
Serge Belamant, an entrepreneur and computer scientist, helped create numerous cryptocurrencies. He developed programs that allow companies and individuals to process quickly deposits, investments, and payments. All in a secure environment. He was born in France in 1953. At age 14, his family moved to South Africa. During and after this move, Serge learned how to converse as well as read and write English. He learned English well enough to go to high school in Johannesburg, South Africa. He was involved in many activities but loved rugby. He was also Captain of a couple of clubs at high school in 1970 – the science club and the bridge club.
Besides athletics and his work in class, he loved to play chess. He was good at it. He participated in the South African chess championships in 1972. Serge Belamant then proceeded to engage in a college career where he studied multiple things. However, he never earned his degree. When he was 22, he decided that he was going to work. He found employment very soon. At one of his first jobs, he created applications to find the ideal water levels in dams. This helped cities and countries predict and prevent future droughts. In his employment, he fostered the development of digital mapping, various statistical methods that enhanced road network analysis.
At one workplace, he also developed a scientifically based financial management system. He was appointed to Bancorp Corporation to help with risk management and analysis. Further in his career, he invented a national ATM switch and was able to get contracts that provided him with hardware and computers for that ATM system. Serge Belamant came to the United States. He invented the COPAC, which is a security feature for credit cards against fraud, PINS, etc. Wherever Serge Belamant works, he wrestles with the status quo and invents new tools that have helped the banking world. Without his creativity and knowledge, certain sectors of the world might still be behind the times.
Toyo Setal is a Brazilian company that was founded in 2012. It is an engineering firm that builds projects across Brazil. This company is a joint venture between Toyo Engineering Corporation and SOG Óleo e Gás SA. Toyo is a Japanese company that first started doing business in Brazil in 1965. SOG is a Brazilian firm that is one of that country’s leading engineering, procurement, and construction firms. The industries that Toyo Setal operates in includes infrastructure, energy, oil and gas, fertilizer, steel, chemical, petrochemical, and mining. The build industrial plants in a sustainable manner.
Their Sustainability and Social Responsibility policy is designed to respect and support both the environment and the local communities in which they do business. When building an industrial plant, the team at Toyo Setal will relocate rare and endangered trees. They also plant seedlings for the trees that are cut down. They also relocate animals around the project to a safe location. This includes snakes, lizards, frogs, turtles, fish, and other native species. In order to build industrial plants, they developed their EPC Portal software. This is an information management system that brings all the parts of a construction project onto one integrated platform. By using EPC Portal, Toyo Setal reduces the amount of rework that needs to be done and streamlines processes.
It also increases productivity and gives this company more predictability when completing a project. The EPC Portal software won an award at the 2014 AVEVA World Summit. This award was the “Innovations in Engineering Project Integration”. Many of their projects are done for Petrobras, the largest energy firm in Brazil. One of their projects was building the Rio de Janeiro Petrochemical Complex (COMPERJ). This project was started on 5/29/13 and was completed on 5/01/2016. Toyo Setal built two hydrogen production facilities and a substation for Petrobras. This complex uses oil procured at the oil fields in the Campos Basin and develops it into petrochemicals and light oil. In addition to constructing these buildings, they also supply materials, equipment, and electromechanical assembly. Learn More.
In every industry of work, some companies tend to come and go with the times. That’s just the way life is, but if a company can dodge the pitfalls of its industry, then it can certainly last for a long time. This is the case with OSI Food Solutions. This particular food processor has dodged many of the food industry’s pitfalls, and it has spent a considerable amount of time improving on its services. OSI Food Solutions was founded by a German-immigrant named Otto Kolschowski. This man and his sons opened a small meat locker in Oak Park, Illinois, at the turn of the 20th century. Otto’s Meat Market served high-quality meats and high-quality meats only.
As time progressed, the family decided to take their talent to the next level and relaunched the company as a wholesaler of foods. Otto Kolschowski is no longer with us in person, but his spirit remains intact with the company. The remaining members of the Kolschowski family have removed themselves from day-to-day operations, and have brought in new leadership. This new leadership comes by the names of Sheldon Lavin and David McDonald. These two professionals bring in an additional 60 years of experience. Sheldon Lavin is the CEO while David McDonald is the president.
Lavin sports an impressive resume in finance while McDonald offers top-tier logistical advice. OSI Food Solutions has its own way of doing business, and it has certainly worked throughout the years. The company closely follows consumer trends while developing specific products that goes toward specific partnerships. The idea is rather brilliant. What more could a client ever want from a food provider? OSI Food Solutions is aware of all the new flavors and cuisines. The company’s R&D specialists have remained vigilant when it comes to this, which has allowed OSI to stay ahead of the pack.