{"id":265359,"date":"2024-12-14T08:45:48","date_gmt":"2024-12-14T08:45:48","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/12\/14\/tullow-oil-ceo-to-step-down\/"},"modified":"2024-12-14T08:45:48","modified_gmt":"2024-12-14T08:45:48","slug":"tullow-oil-ceo-to-step-down","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/12\/14\/tullow-oil-ceo-to-step-down\/","title":{"rendered":"Tullow Oil CEO to step down"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/990\/99079298.295.jpg\" alt=\"Rahul Dhir will step down and also resign in 2025\" title=\"Rahul Dhir will step down and also resign in 2025\" width=\"295\" height=\"197\" \/> <span class=\"image_caption\"><span>Rahul Dhir will step down and also resign in 2025<\/span><\/span><\/p>\n<\/div>\n<div style=\"-webkit-user-select: none; -webkit-touch-callout: none; -moz-user-select: none; -ms-user-select: none; user-select: none;\">\n<p id=\"article-123\">Tullow Oil has an\u00adnounced that its Chief Ex\u00adecutive Officer, Rahul Dhir, will step down and also resign from its board next year.<\/p>\n<p>This was contained in a circular issued to investors in London.<\/p>\n<p>The board, in the statement, said it had initiated a process to find a successor for Dhir, who was appointed as CEO in 2020.<\/p>\n<p>\u201cDhir will stay in his role until a date has been determined to ensure a smooth transition,&#8221; the company revealed.<\/p>\n<p>Dhir described his work at Tullow Oil as privileged while serving as Chief Executive of the oil firm.<\/p>\n<p>\u201cDuring this period, we have achieved a step change in our op\u00aderating performance, cost structure, and capital discipline and delivered over USD1.1 billion in free cashflow and reduced our net debt from USD2.8 billion to USD1.4 billion,\u201d he said.<\/p>\n<p>\u201cI am also very proud of our team\u2019s strong culture of owner\u00adship and commitment to business delivery. With a strong pan-African platform, Tullow is well-positioned as a trusted partner and respon\u00adsible operator to deliver the next phase of growth.\u201d<\/p>\n<p>Dhir was on July 1, 2020, appointed as Chief Executive Officer of Tullow Oil, taking over from Dorothy Thompson.<\/p>\n<p>Before his appointment, he was CEO of Delonex Energy, an African-focused oil and gas company.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rahul Dhir will step down and also resign in 2025 Tullow Oil has an\u00adnounced that its Chief Ex\u00adecutive Officer, Rahul Dhir, will step down and also resign from its board next year. This was contained in a circular issued to investors in London. The board, in the statement, said it had initiated a process to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":265360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-265359","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tullow Oil CEO to step down - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/12\/14\/tullow-oil-ceo-to-step-down\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tullow Oil CEO to step down - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Rahul Dhir will step down and also resign in 2025 Tullow Oil has an\u00adnounced that its Chief Ex\u00adecutive Officer, Rahul Dhir, will step down and also resign from its board next year. 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