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    Home > Headlines > Tullow Oil names industry veteran Ian Perks as new chief
    Headlines

    Tullow Oil names industry veteran Ian Perks as new chief

    Published by Global Banking & Finance Review®

    Posted on September 5, 2025

    2 min read

    Last updated: January 22, 2026

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    Tags:Appointmentoil and gasmanagementfinancial communitydebt sustainability

    Quick Summary

    Tullow Oil names Ian Perks as CEO to lead strategic changes, including asset sales in Gabon and Kenya to reduce debt.

    Table of Contents

    • Leadership Changes at Tullow Oil
    • Background of Ian Perks
    • Recent Company Developments
    • Performance Challenges

    Tullow Oil Appoints Ian Perks as New CEO Amid Strategic Changes

    Leadership Changes at Tullow Oil

    (Reuters) -West Africa-focused Tullow Oil named oil and gas industry veteran Ian Perks as its new CEO on Friday, succeeding Richard Miller, who will return to his previous role as the group's chief financial officer.

    Background of Ian Perks

    The change comes as the company, which has been streamlining its operations, recently agreed to sell its assets in Gabon and Kenya to reduce debt.

    Recent Company Developments

    Perks brings more than three decades of experience in the oil and gas sector, with a strong focus on Africa and international markets, having held senior positions at BG Group, Anadarko, and Total.

    Performance Challenges

    He has overseen major projects such as the $20 billion Mozambique LNG project and the delivery and subsequent operations of the $10 billion Queensland Gas Company LNG project, Tullow said in a statement.

    In August, Tullow swung to an interim loss and cut its annual production forecast, citing continued underperformance at its flagship Jubilee oilfiled.

    Miller was appointed as Tullow's interim chief in February after Rahul Dhir announced his exit as CEO last December.

    (Reporting by Yamini Kalia in Bengaluru; Editing by Sherry Jacob-Phillips)

    Key Takeaways

    • •Tullow Oil appoints Ian Perks as new CEO.
    • •Perks has extensive experience in the oil and gas sector.
    • •Company sells assets in Gabon and Kenya to reduce debt.
    • •Tullow faces performance challenges at Jubilee oilfield.
    • •Richard Miller returns as CFO after interim CEO role.

    Frequently Asked Questions about Tullow Oil names industry veteran Ian Perks as new chief

    1Who has been appointed as the new CEO of Tullow Oil?

    Ian Perks has been named the new CEO of Tullow Oil, succeeding Richard Miller.

    2What experience does Ian Perks bring to Tullow Oil?

    Ian Perks brings over three decades of experience in the oil and gas sector, with a strong focus on Africa and international markets.

    3What recent strategic decisions has Tullow Oil made?

    Tullow Oil has agreed to sell its assets in Gabon and Kenya as part of a strategy to reduce debt.

    4What challenges has Tullow Oil faced recently?

    Tullow Oil reported an interim loss and cut its annual production forecast due to underperformance at its flagship Jubilee oilfield.

    5What major projects has Ian Perks overseen in his career?

    Ian Perks has overseen significant projects including the $20 billion Mozambique LNG project and the $10 billion Queensland Gas Company LNG project.

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