One of the executives who presided over BP’s disastrous Deepwater Horizon oil spill has been handed a $3million (£2.2million) shares windfall.
Andy Inglis, who ran BP’s exploration and production arm at the time of the catastrophic rig blowout in the Gulf of Mexico, now works as chief executive of Kosmos Energy, a Dallas-based oil firm which has a secondary listing on the London Stock Exchange.
Filings last week reveal $5.5million worth of Kosmos shares were made available to Inglis in January. Of those, $2.5million were withheld by the company for tax reasons, leaving $3million.
Gulf of Mexico oil spill: Andy Inglis ran BP’s exploration and production arm at that time
Inglis was hotly tipped to take over as chief executive at BP from Tony Hayward before the Deepwater Horizon disaster in 2010. Both were later ousted in a bid to detoxify the company’s name in America.
It also emerged last week that Tullow Oil, a London-listed partner of Kosmos off Africa, paid its founder Aidan Heavey £2.2million last year – even though he stepped down as chief executive in April.
Benefits for Heavey, who has become chairman, included £47,833 for ‘car benefits and club membership’, according to the 2017 annual report.