This archive report was first published on 21 April 2020.
On April 21, 2020, Tullow Oil PLC announced the appointment of Rahul Dhir as its new Chief Executive Officer and Executive Director. Dhir will take up his appointment on July 1, 2020, and Dorothy Thompson, the current Executive Chair, will return to her position as Non-Executive Chair after a limited period of handover.
Rahul Dhir brings a wealth of experience in the oil and gas industry, having founded Delonex Energy in 2013. Under his leadership, Delonex has achieved significant success in exploration and production, particularly in Chad, where the company has discovered substantial oil resources.
Before establishing Delonex, Dhir served as Managing Director and CEO of Cairn India from 2006 to 2012. During his tenure, Cairn India delivered operated production of over 200,000 barrels of oil per day at an operating cost of less than $5 per barrel.
Dorothy Thompson, Executive Chair of Tullow Oil PLC, commented on the appointment, saying, “I am delighted to welcome Rahul to Tullow. His oil and gas, financial, and African experience, combined with his record of strong leadership, made him the stand-out candidate for the Board.”
Rahul Dhir, Chief Executive Officer-designate, also commented on his appointment, stating, “I am very excited at the opportunity to lead Tullow and re-establish it as an iconic company. The company has high-quality assets and great people, and I am looking forward to working with the team and the Board to re-build an exceptional business.”
