Africa Oil boss Keith Hill to step down

Meren Energy

26/06/2023 10:57

LONDON, June 26 (Reuters) - Africa Oil's  AOI.TO 
veteran chairman and chief executive Keith Hill will step down
in September after leading it through a steep growth phase in
recent years, it said on Monday.
    Hill, who led Canada-listed Africa Oil for 14 years, will be
succeeded by Roger Tucker, previously a senior executive at BG
Group and currently a non-executive director at PetroTal
 TAL.TO .
    Hill led Africa Oil through the $520 million acquisition of
stakes in two deepwater oilfields off the coast of Nigeria in
Jan. 2020. The company has so far received $712 million in
dividends from the assets, it said last week.
    Africa Oil operates exploration blocks in South Africa and
Equatorial Guinea and holds stakes in oil and gas prospects in
Namibia and Guyana through investments in other companies.
    
    

 (Reporting by Ron Bousso, Editing by Louise Heavens)
 ((ron.bousso@thomsonreuters.com; +44 (0) 2075422161; Reuters
Messaging: ron.bousso.reuters.com@reuters.net))