BP Plc incoming Chief Executive Officer Robert Dudley will arrive in Moscow this week and is likely to meet with Prime Minister Vladimir Putin’s deputy, Igor Sechin, on Aug. 4, said a government aide.
Dudley, who had worked for five years as CEO of the British company’s venture with a group of Russian billionaires, will be accompanied by outgoing chief Tony Hayward, Sechin’s aide, who declined to be identified, citing state policy, said by telephone today. He declined to comment on the agenda.
TNK-BP, Russia’s third-biggest oil company, accounts for about a quarter of BP’s production and a fifth of reserves. Two years ago, Dudley, 54, left Russia, citing “sustained harassment” during a battle for control between BP and its partners.
BP spokesman Vladimir Buyanov said the executives plan to come to Moscow to re-introduce Dudley to the government as CEO and meet with business partners, given Russia’s importance to the company. He declined to comment on the timing of the trip.
In March 2007, former BP CEO John Browne traveled to Moscow to introduce his then successor Hayward to Putin.
Viktor Vekselberg, a billionaire shareholder in TNK-BP, said July 29 that Dudley was expected to arrive in the middle of this week, according to Andrei Shtorkh, a spokesman for the businessman’s Renova Group.
TNK-BP spokesman Nikolay Gorelov declined to comment in an e-mailed response to questions.