NewsGeneralTullow appoints New CEO

Tullow appoints New CEO

-

- Advertisment -

Tullow appoints New CEO

Tullow Oil plc (Tullow) has appointed Rahul Dhir as Chief Executive Officer and an Executive Director of the Group.

Mr Dhir will take up his appointment from 1 July 2020 and Dorothy Thompson, currently Executive Chair of Tullow, will return to her position as Non-Executive Chair after a limited period of handover.

About Rahul Dhir

- Advertisement -

He is currently CEO of Delonex Energy, an Africa-focused oil and gas company that he founded in 2013. Under his leadership, Delonex has delivered low-cost drilling and seismic operations along with leading social and environmental performance in sub-Saharan Africa. In Chad, the company has achieved material exploration success and discovered substantial oil resources. Delonex has also delivered exploration campaigns in Ethiopia and Kenya where Delonex operates Block 12A with Tullow as a non-operating partner.

Prior to establishing Delonex, Mr Dhir served as Managing Director and CEO of Cairn India from its IPO in 2006 until 2012. During Rahul’s tenure, Cairn India delivered operated production of over 200,000 barrels of oil per day with operating costs of less than $5 per barrel of oil.  Cairn India also successfully delivered over $5 billion of development projects including the world’s longest heated pipeline at a finding and development cost of less than $5 per barrel of oil.

Mr Dhir started his career as a Petroleum Engineer, before moving into investment banking where he led teams at Morgan Stanley and Merrill Lynch, advising major oil & gas companies on merger and acquisition and capital market-related issues. Rahul is a UK citizen and was educated at the Indian Institute of Technology (BTech), the University of Texas (MSc) and the Wharton School (MBA).

- Advertisement -

Dorothy Thompson, Executive Chair of Tullow said “I am delighted to welcome Rahul to Tullow and am very pleased that he has accepted the position of CEO. His oil & gas, financial and African experience combined with his record of strong leadership made him the stand-out candidate for the Board. I look forward to Rahul joining Tullow in July and working with him closely in the coming years.”

For his part, Mr Dhir said: “I am very excited at the opportunity to lead Tullow and re-establish it as an iconic company in our industry. The company has high-quality assets and great people.  It also has a unique position in Africa, built on a proven track record of responsible operations, strong relationships and a commitment to sustainability.  I am looking forward to working with the team and the Board to re-build an exceptional business.”

 

Classfmonline.com

Get Your News on Wundef.com
- Advertisement -

Send us your business and entrepreneurship stories/news and articles to admin@wundef.com or through whatsapp, +233247516850.

Subscribe to our Youtube Channel, Like our Facebook Page

And also follow us on Twitter

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

AMCOW appoints Dr. Rashid Mbaziira as the new Executive Secretary

The African Ministers Council on Water (AMCOW) has announced the appointment of Dr. Rashid Mbaziira – a Ugandan national...

Cathy Smith of SAP Africa Scores a Spot on the Africa.com Definitive List of Women CEOs of the Biggest & Most Complex Businesses in...

Africa.com undertook a rigorous research project to identify the women who run the largest, most complex businesses on the...

Tech in Twi: Sony to Release an Xperia Device This Month

Sony has announced the release of an Xperia device later this month. Lets take a look at devices they...

Remote Deposit Capture in the Hands of a Criminal

Technology and digitalisation is helping lots of businesses grow especially in this times that we find ourselves (Covid-19 times)...
- Advertisement -

CEO of Eddymat Green Services Seeks to Make his company Africa’s Number 1 Landscaper and Lawn Care Company

Edmund Atta-Poku, the young Chief Executive Officer of Eddymat Green Services located at Kyekyewere in the Ashanti region of...

From Nigeria to Ghana, Rosine Wishes to Establish Restaurants Across The Country

Born to a Nigerian father and Ghanaian mother, Fiawoo Rosine Chinenye moved to Ghana in 2016 for her education....

Must read

AMCOW appoints Dr. Rashid Mbaziira as the new Executive Secretary

The African Ministers Council on Water (AMCOW) has announced...
- Advertisement -

You might also likeRELATED
Recommended to you

Get Your News on Wundef.com

Send us your business and entrepreneurship stories/news and articles to admin@wundef.com or through whatsapp, +233247516850.

Subscribe to our Youtube Channel, Like our Facebook Page

And also follow us on Twitter