Monday 11 April 2011

Ex-BP boss eyes trio for new investment fund: report - Maktoob News

Petrofac chairman Rodney Chase, ex-Corus chairman Jim Leng and former Enterprise Oil chairman Graham Hearne are expected to be asked to join the board of a new energy investment fund being set-up by Tony Hayward, the Sunday Times said.

Former BP Plc chief executive Hayward, who stepped down at BP over his handling of the oil spill in the Gulf of Mexico last year, is hoping to raise about 1 billion pounds ($1.64 billion) in a London float in the next six months.

Hayward is expected to team up with financier Nat Rothschild and Julian Metherell, who is to leave Goldman Sachs as head of investment this summer.

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