BP’s current and incoming chief executives visit Azerbaijan

Bob Dudley, BP group chief executive, and Bernard Looney, who will succeed him in the role early next year, are paying a working visit to Azerbaijan. Mr Dudley and Mr Looney arrived in Baku yesterday on the visit.

Report informs citing the company that Bernard Looney, currently chief executive, Upstream, will succeed Dudley as BP’s group chief executive and join the BP Board on 5 February 2020. After a 40-year career with BP including over nine years as group chief executive, Bob Dudley will step down as group chief executive and from the BP Board on 4 February 2020 and then retire on 31 March 2020.

As part of the visit programme Mr Looney was introduced to the President of the Republic of Azerbaijan HE Ilham Aliyev. During that meeting Mr Looney briefed President Aliyev on the current status and plans for BP-operated projects in this region. Mr Looney covered BP’s continued delivery as the operator of Azerbaijan’s major oil and gas production, transportation and exploration projects, and reiterated BP’s long-term commitment to enhancing and expanding its cooperation with Azerbaijan and the Caspian region.

The visit programme also included a number of internal meetings with BP Azerbaijan-Georgia-Turkey regional leadership and staff.