| Updated:
Hayward may join Abu Dhabi firm
Former BP chief executive Tony Hayward has been approached to launch a new oil firm backed by an Abu Dhabi sovereign wealth fund, it is understood. Hayward is understood to be in the early stages of considering an offer from Mubadala, a fund aimed at diversifying Abu Dhabi’s economy. Hayward and Mubadala could not be reached for comment yesterday.