Petrofac Plc is set to appoint Andy Inglis , BP Plc’s former head of exploration and production, as head of its Energy Development unit, the Daily Telegraph said, without attribution. Inglis’s appointment to the Petrofac board may come as early as today, the newspaper said.
On the night of June 7, a group including Vittorio Colao , head of telecom company Vodafone Plc, Martin Sorrell , chief of advertising firm WPP Plc, and John Sawers , director-general of the intelligence agency MI6, gathered on the sixth floor of BP Plc’s London headquarters to show support for Tony Hayward , the company’s beleaguered chief executive officer.
BP Plc rose to its highest price in more than seven weeks after Robert Dudley , who becomes chief executive officer tomorrow, said the company will consider paying a dividend in the first quarter of next year.
BP Plc ’s Tony Hayward lost 8.5 million pounds ($13.6 million) on his holdings and stock options, after the spill in the Gulf of Mexico pulled down the company’s shares , the Sunday Times reported , citing analysis by pay consultant Patterson Associates.