Hayward nets £14m in first Middle East adventure
Tony Hayward has outlined plans to dominate the vast reserves of newly accessible oil in the semi-autonomous Kurdistan region of northern Iraq. The former BP chief executive said his $2.1bn (£1.3bn) acquisition of Genel Enerji was just the beginning of his activities in the region.
Potential targets are understood to include Gulf Keystone, the Aim-listed oil explorer focused on Kurdistan, which is rumoured to be preparing for a sale, as well as other operators in the region. The Read more [...]