BP appoints new Head of Exploration

Richard Herbert has been appointed as BP’s new Head of Exploration. Herbert will rejoin BP from Talisman Energy where he has held the position of Executive Vice President (EVP), Exploration since 2009.

Before joining Talisman, Herbert spent six years with TNK-BP in Russia, serving as the Vice President Exploration and then EVP Technology. Prior to TNK-BP, Herbert had a 19 year career with BP, first joining as an exploration geologist in 1984.

BP Group Chief Executive Bob Dudley said: “I am pleased to welcome Richard back to BP. He brings a wealth of exploration and leadership experience and expertise, gained across the world, which is aligned well with BP’s Upstream and exploration strategy.”

Mike Daly has led BP’s exploration function for eight years, overseeing the re-energising of BP’s resource renewal activity. Under his leadership, BP has accessed new deepwater exploration positions, including in Angola, Australia, Brazil, Canada and Libya, and deepened existing positions in the Gulf of Mexico and Egypt. He also led in resource access deals for BP in the Rumaila field in Iraq, the partnership with Reliance Industries Ltd in India, tight gas in Oman, Canadian oil sands and shale plays around the world.

Herbert will join BP as Chief Operating Officer, Exploration at the end of October, and will be based in London. He will report to Lamar McKay, BP’s Chief Executive, Upstream.

Adapted from press release by Callum O'Reilly

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