Tullow Oil PLC (LSE: TLW), an independent energy company specializing in African oil and gas development, has announced that Richard Miller will assume the role of Interim Chief Executive Officer (CEO) and Chief Financial Officer (CFO) effective February 14, 2025. This transition follows the departure of current CEO Rahul Dhir, who will step down from the Board on the same date but will remain available to the company until the end of his notice period on June 5, 2025, to facilitate a smooth handover.
Non-Executive Chairman Phuthuma Nhleko acknowledged Dhir’s contributions and welcomed Miller to the interim role, emphasizing that the appointment would enable the company to stay focused on its near-term priorities while the search for a permanent CEO is underway. Tullow confirmed that it would provide further updates on the recruitment process in due course.
Reflecting on his tenure, Dhir expressed pride in the company’s achievements, citing its strong presence in Africa and improved financial position as a solid foundation for future growth.
Operating in Ghana, Gabon, Côte d’Ivoire, and Kenya, Tullow has committed to achieving Net Zero for its Scope 1 and 2 emissions by 2030. The company continues to emphasize its Shared Prosperity strategy, which aims to generate socio-economic benefits in the countries where it operates.
Details of Dhir’s remuneration upon his departure will be disclosed in Tullow’s annual report for the financial year ending December 31, 2025. The company stated that this information would be made publicly available on its website in accordance with the Companies Act 2006.
This leadership transition comes at a critical time for the energy sector as companies navigate evolving climate commitments and strive for sustainable operations. With its focus on responsible resource development, Tullow remains a key player in Africa’s energy landscape.
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