Mark your calendar: BRAC announced this morning that its next Signature Speaker event on Tuesday, May 12, will feature Marcus Lingenfelter, vice president of state relations at the National Math + Science Initiative. The nonprofit organization is dedicated to transforming math and science education in classrooms across the country to ensure that all students are prepared for success in today’s knowledge economy. Lingenfelter will address the important role of STEM—science, technology, engineering and math—curriculum in workforce preparedness. Get complete event details.
A tasty transaction: The founder of a Lockport shipyard and an Alexandria bank executive have bought a bit of one of New Orleans’ most famous restaurants. Galatoire’s majority owner John Georges has sold 10% of his stake to Bollinger Shipyards founder Donald “Boysie” Bollinger and Red River Bank Chairman John Simpson. Georges, also publisher of The Advocate, had owned 75% of the Bourbon Street restaurant and its two affiliates, including Galatoire’s Bistro in Baton Rouge, before the deal. The family that founded the restaurant owns 25%.
Bringing it up: Petroleo Brasileiro SA says in a securities filing on Monday it has started producing from two wells in the offshore Hadrian South field off the coast of Louisiana, Reuters reports. Petrobras, as the company is better known, operates 23.3% of the field, while ExxonMobil Corp. operates 46.7% and Italy’s Eni SpA has a 30% stake. The field is located about 230 miles off the coast of Louisiana and the wells are operating at a depth of 7,650 feet. They are connected to a platform that has a capacity to process 8.5 million cubic meters of natural gas per day, the company says.
