BP appointed Michael Townshend as a non-executive director of TNK-BP with immediate effect. Townshend will also continue as president of BP in Iraq. He takes the position on the TNK-BP board recently vacated by Tony Hayward.
From 2002, Townshend managed the construction of the Baku-Tbilisi-Ceyhan project. He moved to the Middle East in 2007 to set up BP’s tight-gas appraisal project in Oman, then became BP president of the Middle East and Pakistan. He became head of BP in Iraq in 2009 following the successful bid for the development of Rumaila.
During his 30 years at BP, he has worked in Nigeria, the U.S., Australia, Holland and Indonesia.
Recommended Reading
Utica Oil Player Ascent Resources ‘Considering’ an IPO
2025-03-07 - The 12-year-old privately held E&P Ascent Resources produced 2.2 Bcfe/d in the fourth quarter, including 14% liquids from the liquids-rich eastern Ohio Utica.
USA Compression Names Chris Wauson as COO
2025-03-07 - Chris Wauson, currently the leader of natural gas compression company USA Compression Partners’ Permian office, has been chosen as the company’s new COO.
Devon Energy’s John Krenicki to Retire from Board
2025-03-05 - Krenicki plans to focus on his full-time responsibilities as vice chairman at private equity firm CD&R, Devon Energy said
Chord Announces $750MM Notes Offering to Reduce Debt
2025-03-05 - Chord Energy said it will use part of the funds to reduce its credit facility borrowings. The company is also looking to sell its Marcellus non-operated gas interests.
Phillips 66’s Brouhaha with Activist Investor Elliott Gets Testy
2025-03-05 - Mark E. Lashier, Phillips 66 chairman and CEO, said Elliott Investment Management’s proposals have devolved into a “series of attacks” after the firm proposed seven candidates for the company’s board of directors.