BP’s First American CEO to Replace Hayward

BP’s board is expected to name Robert Dudley as its CEO, replacing Tony Hayward, who has been criticized for his management of the Gulf of Mexico oil spill, sources said. The appointment of Dudley, who leads BP’s operations in the U.S., would mark the first time an American led the company. This comes as BP is set to report a significant second-quarter loss amid ongoing Gulf cleanup operations.

Read more, Wallstreet Journal

Also, BP to install final pipe in relief well this week. BP will complete the installation of piping for its relief well sometime this week, said retired Coast Guard Adm. Thad Allen. Once work is finished, the company will start employing its “static kill” technique to seal the leaking Gulf of Mexico well during the first week of August, he added. Read more, Reuters.

Get the free newsletter

Sign up for news, trends and equipment for sale in the lifting and rigging industry.
By signing up you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time.

Latest Products For Sale

Type Description
Equipment Heavy Duty Spool Turntable
Equipment Clamp On Line Tensionmeter - COLT The Straightpoint COLT is a lightweight wire rope tension…
Wire Rope 5/8" Flex-X 6 IWRC RRL Domestic - WireCo
Lifting Products
Sockets
1035054 Crosby 1-1/8 S421T Wedge Socket
Lifting Products
Hoists
4043 Lift Puller - 3/4 Ton w/ 5FT of Lift Columbus McKinnon Series 640

News & Articles