Anadarko Petroleum reported today (4 October) that it has consolidated its leadership structure to align with the company’s narrower focus on its business.
Mitch Ingram, formerly EVP, Global LNG, has been named EVP, International & Deepwater Operations and Project Management, overseeing Anadarko's development and production activities in Algeria, Ghana, the Gulf of Mexico and Mozambique. Ingram will also assume responsibility for the company's worldwide project-management and construction activities.
Ingram has more than 30 years of experience in the oil and natural gas industry and joined Anadarko in 2015 as EVP, Global LNG. Prior to joining the company, Ingram worked with BG Group, where he served as a member of the company's Executive Committee in the role of Executive Vice President – Technical. He also held positions of increasing responsibilities with BG Group's LNG project in Queensland Australia, where he was the Managing Director of QGC. Prior to BG, Ingram was with Occidental Oil & Gas for 20 years, where he held several U.K. and international positions in project management, developments and operations. He holds a bachelor's degree in mechanical engineering from Robert Gordon University.
In addition, the company announced Ernie Leyendecker, formerly EVP, International and Deepwater Exploration, has been named EVP, Exploration, with responsibility for the company's worldwide exploration efforts.
Leyendecker has more than 30 years of experience and joined the company in 2002. He most recently served as EVP, International and Deepwater Exploration. During his career, Leyendecker has held positions of increasing responsibility including: Sr. Vice President, International Exploration; Sr. Vice President, Gulf of Mexico Exploration; Vice President of Corporate Planning; and General Manager for Worldwide Exploration Engineering, Planning and International Negotiations. He holds a Bachelor of Science in petroleum engineering from Texas A&M University. He is a member of the Society of Petroleum Engineers, the Association of Petroleum Geologists and the Houston Geological Society.
Since the beginning of 2015, Anadarko has sold nearly US$7.5 billion of non-core assets to reposition and focus its business to deliver better returns and growth across commodity cycles.
"By consolidating our leadership structure, we expect to achieve greater consistency and results across the organization with regard to operational execution, health, safety, and environmental performance, and project management," said Al Walker, Anadarko chairman, president and CEO, in a 4 October press statement. "We have successfully narrowed the focus of our business and concentrated development activities in world-class material, scalable assets. Consistent with this approach, our executive management team needed to contract accordingly.”
Walker said Anadarko will continue to direct most of its investing toward its short- and intermediate-cash-cycling opportunities in the US onshore and tieback opportunities in the Gulf of Mexico, while continuing to build longer-term value through its emerging LNG business and selective deepwater exploration.