Rosneft CEO Sechin Keen for BP CEO to Join Board
MOSCOW – OAO Rosneft Chief Executive Igor Sechin has said he would "welcome" BP PLC boss Bob Dudley onto the board of the Russian oil giant, Interfax news agency reported Thursday.
BP will receive two seats on Rosneft's board after increasing its stake in Rosneft to 19.8% share in Rosneft as part of a deal to sell its stake in TNK-BP, Russia's No. 3 crude producer. Rosneft is buying out BP and its partners in TNK-BP in deals worth $55 billion.
"Robert Dudley is a very good candidate for the Rosneft board of directors. We would welcome a manager of this level joining the company's board of directors," Interfax cited Mr. Sechin as saying during a trip to Venezuela.
Mr. Dudley fled Russia in 2008 while working as chief executive of TNK-BP amid disputes with BP's partners, the AAR consortium of Soviet-born billionaires.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 32 Offshore Rigs
- Exxon, BP Targeted in NYC Suit That Relies on 'Nuisance' Theory (Jan 10)
- Owners of Louisiana-Illinois Pipeline Eye Reversal Next Steps (Dec 21)
- Canadian Offshore Oil Interest Grows As Pipeline Woes Sink Alberta Prices (Dec 20)
Company: Rosneft more info
- Russia's Rosneft, In U-Turn, Plans To Bid For Alrosa's Gas Assets (Dec 29)
- Sanction-Proof Oil Rig Beats US Policy From Cuba to Russia (Dec 19)
- Russia's Rosneft Signs Oil Supply Deal With Greece's Motor Oil (Nov 20)