Maritime Jobs
Saturday, February 24, 2018

BP Exploration Boss Leaves in Reorganization

Posted by May 17, 2016

Richard Herbert (Photo: BP)

Richard Herbert (Photo: BP)

BP's head of exploration Richard Herbert is leaving the British oil major after slightly more than two years in the job, a period in which the company slashed spending on the search for new deposits.
 
Herbert, a BP veteran and a long-time ally of Chief Executive Bob Dudley, rejoined BP in October 2013 after several years at rival Talisman Energy. His task was to lead exploration activity to help the firm rebuild investor confidence following a deadly U.S Gulf oil spill in 2010.
 
But as oil prices began to crash from mid-2014 and BP had to shed assets to pay off some $50 billion in U.S. liabilities for the Macondo spill, the firm had to reduce funding for costly exploration projects.
 
BP said the departure followed a decision to simplify BP's upstream executive team, headed by Bernard Looney, and bring exploration, global projects, reservoir developments and technology under one roof, reporting to James Dupree.
 
Howard Leach, currently head of technical functions in exploration, has been appointed interim head of exploration.


(Reporting by Dmitry Zhdannikov; editing by Susan Thomas)
Talisman EnergyBPBob Dudley

Featured Jobs

Night Dispatcher

Bouchard Transportation Co., Inc.

Dispatcher/Operations

Bouchard Transportation Co., Inc.

Crewing Manager

Bouchard Transportation Co., Inc.

Manager Maintenance & Repairs

Bouchard Transportation Co., Inc.

MIMIP Project Manager

Ministry of FinanceMajuro, MH, Marshall Islands

JOB VACANCY IN USA

CA, Suisun City, United States

Deckineer

Riverfront Development Corporation of Delaware

Crew Member

Riverfront Development Corporation of Delaware

Chief Engineer - Unlimited Steam

Premier Pacific SeafoodsSeattle, WA, United States

First Radio Electronics Technician

Military Sealift CommandNorfolk, VA, USA

Featured Employers

Riverfront Development Corporation of Delaware

The General Assembly established the Riverfront Development Corporation of Delaware (RDC) to create

BW Pacific Pte Ltd

BW Pacific is a leading ship owner and operator with a substantial fleet of product tankers. The Com

Ministry of Finance

The Republic of the Marshall Islands (RMI) Ministry of Finance (MOF) was established under the 11 MI

Bouchard Transportation Co., Inc.

Bouchard Transportation’s history dates back to its incorporation in 1918 by founder, Capt. Fred Bou