Doug Suttles, the former operating chief for BP plc’s global exploration and production arm, on Tuesday took the helm of Canada’s largest natural gas producer, Encana Corp., as CEO and president.
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Randy L. Limbacher, former chairman, CEO and president of Rosetta Resources Inc., is taking the helm of Tulsa onshore operator Samson Resources Corp. Limbacher, who has 32 years in the exploration business, ran Rosetta from November 2007 until the end of February. He previously was president of exploration and production in the Americas for ConocoPhillips and worked at predecessor Burlington Resources Inc. for 20 years.
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Randy L. Limbacher, former chairman, CEO and president of Rosetta Resources Inc., is taking the helm of Tulsa onshore operator Samson Resources Corp. Limbacher, who has 32 years in the exploration business, ran Rosetta from November 2007 until the end of February. He previously was president of exploration and production in the Americas for ConocoPhillips and worked at predecessor Burlington Resources Inc. for 20 years. “With positions in some of the best plays in North America, a dedicated team of talented executives, and the backing of leading energy investors, Samson is well positioned to begin its next phase of growth,” said Limbacher.
$5B LNG Export Project Proposed For Atlantic Canada
With an Alberta-grown veteran of international industry at the helm, a newcomer last week launched an Atlantic coast entry into the lineup of Canadian liquefied natural gas (LNG) export projects.
Atlantic Canada Draws $5B LNG Export Project
With an Alberta-grown veteran of international industry at the helm, a newcomer on Wednesday launched an Atlantic coast entry into the lineup of Canadian liquefied natural gas (LNG) export projects.
Marcellus Shale Coalition Grows, Elects Leadership Team
The Marcellus Shale Coalition (MSC) on Thursday elected a new leadership team to helm the executive committee and announced the addition of almost three dozen associate member companies.
New Pennsylvania DEP Team, First Energy Executive Tapped
Three experienced state energy officials were selected by Pennsylvania Gov.-elect Tom Corbett on Tuesday to helm the Department of Environmental Protection (DEP) and another was tapped as the state’s first Energy Executive.
BP’s E&P Chief Ousted in Sweeping Restructuring
Robert Dudley, who took the helm at BP plc late last week, on Wednesday ousted the long-time exploration and production (E&P) chief and launched a global safety division as part of a sweeping restructuring of the company’s safety and risk management practices.
BP’s Incoming CEO Ousts E&P Chief
Robert Dudley, who takes the helm at BP plc later this week, on Wednesday ousted the long-time exploration and production (E&P) chief and launched a global safety division as part of a sweeping restructuring of the company’s safety and risk management practices.
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BP plc has chosen a new chairman whose expertise is in technology — as opposed to someone schooled in oil and natural gas — to take the helm when Peter Sutherland steps down at the end of this year. Carl-Henric Svanberg, now chairman and CEO of Swedish telecommunications company Ericsson, will join the BP board as chairman-designate and become a nonexecutive director on Sept. 1. He officially will step down at year-end from Ericsson and succeed Sutherland as chairman of BP on Jan. 1. Based in London, Svanberg, 57, is expected to devote most of his time to BP business. “Following such a distinguished predecessor is quite a challenge but I’m hugely excited about joining the energy industry, which is so much at the heart of the global economy. I look forward to it with relish,” Svanberg said. Sutherland, 63, has been chairman of BP since 1997. He was scheduled to step down in April, but earlier this year he agreed to remain in his post because of the difficult market conditions that had delayed the search for a replacement. BP CEO Tony Hayward said Sutherland “will be a hard act to follow. But I am sure Carl-Henric will be a worthy successor. He is a businessman of international stature who is recognized for his transformation of Ericsson. Our shared views on many aspects of global business give me great confidence that we will work very effectively together on the next phase of BP’s progress.”