Tullow Oil Appoints Ian Perks as New CEO

Tullow Oil plc (LON:TLW) announced on Friday the appointment of Ian Perks as its new Chief Executive Officer, effective September 15, 2025.

Following the news, Tullow Oil shares have edged around 0.6% lower, trading around the 10.1p per share mark.

Perks brings over 30 years of experience in the upstream oil and gas sector, with a strong track record in Africa and international projects.

His previous roles at BG Group, Anadarko, and Total are said to demonstrate his capabilities in managing large-scale, multi-stakeholder projects and driving profitability.

Tullow highlighted Perks' leadership in securing the Final Investment Decision for the $20 billion Mozambique LNG project at Anadarko and Total.

Richard Miller, the current Chief Financial Officer and Interim CEO, will resume his role as CFO upon Perks' arrival.

Phuthuma Nhleko, Chairman of Tullow Oil, said Miller's tenure as Interim CEO has been marked by considerable progress, setting a solid foundation for Perks to build upon.

Nhleko added: “I am delighted to welcome Ian to Tullow as CEO. He brings a wealth of industry and African knowledge and experience and has a track record of successfully managing large multi-stakeholder businesses and projects.”

Ian Perks, Chief Executive Officer – Designate of Tullow Oil Plc, commented: “I am pleased to join Tullow at this pivotal time for the Company. My near-term priority will be to work with Richard, the Tullow team, and our stakeholders to put the Company on a long-term, sustainable financial footing.

“We will then have an opportunity to grow the Company across Africa, leveraging our current assets and reputation on the continent of Africa to add value for our stakeholders.”