Oil Search has announced that its Managing Director, Mr Peter Botten, will retire from Oil Search on 25th August 2020. He will be succeeded as Managing Director by Dr Keiran Wulff on 25th February 2020.
Dr Wulff is currently Oil Search’s Executive Vice President, Alaska and President of Oil Search Alaska.
According to OSL Chairman, Rick Lee, to ensure a smooth transition of responsibilities from Mr Botten to Dr Wulff, Dr Wulff was appointed Chief Executive Officer Designate on 30 September 2019. He will retain his Alaskan responsibilities until mid-December 2019, to manage the Company’s entry into Front-End Engineering and Design (FEED) for the Pikka Unit development, while also engaging progressively with all stakeholders and being involved in budget and planning matters for 2020 and beyond.
Mr Botten will remain Managing Director of the Company until 25 February 2020 and will continue to be employed by Oil Search until 25 August 2020, focusing primarily on the LNG expansion projects as the co-venturers move towards a Final Investment Decision (FID), as well as assisting in other matters as required.
“The Board is extremely appreciative of Peter’s long and dedicated service to Oil Search over the past 26 years. Under his leadership, Oil Search has grown from a small exploration and production company to a regionally significant oil, gas and LNG producer and exporter. Peter is recognized as one of the world’s most successful corporate executives, as well as a leader in environmental, social governance and corporate social responsibility.
On behalf of the Board and everyone at Oil Search, I offer my heartfelt thanks to Peter for his leadership, vision, loyalty and enormous hard work over the many years he has been with the Company. We look forward to a seamless transition of responsibilities from Peter to Keiran and to working closely with Keiran on Oil Search’s next chapter.”