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Tullow Oil names former Cairn India boss, Rahul Dhir as new chief executive

"I am very excited at the opportunity to lead Tullow and re-establish it as an iconic company in our industry," Rahul Dhir said

Tullow Oil PLC (LON:TLW) has named former Cairn India head Rahul Dhir as its new chief executive effective from July 1, 2020.

Dhir led Cairn’s Indian unit until 2012 and in 2013 he was a founder of Delonex Energy, an Africa-focused E&P firm that subsequently made discoveries in Chad, Ethiopia and Kenya.

In Kenya, Delonex is the operating partner in Block 12A where Tullow is also partnered.

READ: Tullow’s RBL review confirms US$1.9bn capacity

"I am delighted to welcome Rahul to Tullow and am very pleased that he has accepted the position of CEO,” said Dorothy Thompson, Tullow chair in a statement.

“His oil & gas, financial and African experience combined with his record of strong leadership made him the stand-out candidate for the board.”

Dhir, meanwhile, added: "I am very excited at the opportunity to lead Tullow and re-establish it as an iconic company in our industry.

“The company has high-quality assets and great people. It also has a unique position in Africa, built on a proven track record of responsible operations, strong relationships and a commitment to sustainability.”