BP Appoints New Chief of Production

4798BP said on Friday that it had appointed H. Lamar McKay to run its exploration, development and production operations worldwide, wrapping up a restructuring of the unit after the disastrous oil spill in the Gulf of Mexico in 2010.
Mr. McKay is taking over from BP's chief executive, Robert W. Dudley, who took over management of the so-called upstream unit in an effort to improve risk management after the spill. Mr. McKay, who is chairman and president of BP America, is to start in his new role at the beginning of next year. He will report to Mr. Dudley.

"During the past two years, we have successfully introduced a more centralized organization to our upstream, BP's largest organizational change for two decades," Mr. Dudley said in a statement. "I believe it is now timely and appropriate to appoint a fully dedicated chief executive to this, our largest business."

The explosion in April 2010 on a drilling platform leased by BP killed 11 workers and created the largest oil spill in United States history. After the catastrophe, Andy G. Inglis departed as head of exploration and production and Mr. Dudley moved to impose a more centralized management structure and stricter safety standards.

Source: The New York Times | JULIA WERDIGIER
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