ref="http://www.cityam.com/company/tullow-oil">TULLOW Oil yesterday said it has hired BP’s former head of exploration as a non-executive director, with immediate effect.
“Mike Daly joins Tullow with extensive oil and gas experience following a successful 28-year career at BP. Most recently, he was executive vice president of exploration, and a member of BP’s group executive team until January 2014,” said the company.
Daly is the latest BP veteran to join the oil giant’s smaller FTSE 100 peer Tullow, joining chief financial officer Ian Springett and non-executive director Anne Drinkwater.
During his tenure at the helm of BP’s exploration activities, the company drastically expanded its operations, moved into the Iraq market and invested in shale plays around the world.
The firm is still dealing with the fall-out of the 2010 Gulf of Mexico disaster, the largest US offshore oil spill in history that left 11 workers dead and cost billions in damages.
“His leadership has been underpinned by his passion for geoscience and deep appreciation of the importance of relationships with governments and partners,” said BP’s chief executive Bob Dudley at the time of announcing Daly’s departure.
Daly is a member of the World Economic Forum’s Global Agenda Council on the Arctic, an advisory board member of the British Geological Survey and a visiting professor at the University of Oxford.