(Reuters) -West Africa-focused Tullow Oil named oil and gas industry veteran Ian Perks as its new CEO on Friday, succeeding Richard Miller, who will return to his previous role as the group's chief
Tullow Oil Appoints Ian Perks as New CEO Amid Strategic Changes
Leadership Changes at Tullow Oil
(Reuters) -West Africa-focused Tullow Oil named oil and gas industry veteran Ian Perks as its new CEO on Friday, succeeding Richard Miller, who will return to his previous role as the group's chief financial officer.
Background of Ian Perks
The change comes as the company, which has been streamlining its operations, recently agreed to sell its assets in Gabon and Kenya to reduce debt.
Recent Company Developments
Perks brings more than three decades of experience in the oil and gas sector, with a strong focus on Africa and international markets, having held senior positions at BG Group, Anadarko, and Total.
Performance Challenges
He has overseen major projects such as the $20 billion Mozambique LNG project and the delivery and subsequent operations of the $10 billion Queensland Gas Company LNG project, Tullow said in a statement.
In August, Tullow swung to an interim loss and cut its annual production forecast, citing continued underperformance at its flagship Jubilee oilfiled.
Miller was appointed as Tullow's interim chief in February after Rahul Dhir announced his exit as CEO last December.
(Reporting by Yamini Kalia in Bengaluru; Editing by Sherry Jacob-Phillips)
