Kosmos Energy Appoints New Chief Executive Officer

Andrew G. InglisKosmos Energy has appointed Andrew G. Inglis as Chairman and Chief Executive Officer of the company, effective March 1, 2014.

A statement issued by the company yesterday said current CEO Brian F. Maxted, a founding partner of Kosmos, will serve in the role of Chief Exploration Officer and continue to serve on the board.

“We are delighted to welcome Andy to Kosmos. We are fortunate to have attracted a leader of his calibre, which is testament to the reputation Kosmos has in our business and the company’s future.

“His appointment will enable me to focus my full attention on ensuring delivery of the company’s exploration strategy,” Mr. Brian F. Maxted was quoted as saying.

Responding to his appointment, Mr. Inglis said: “Kosmos represents one of the most exciting opportunities to lead a company in the E&P industry in terms of the quality of both the development assets and the exploration portfolio.”

He said: “Kosmos’ proven ability to find and develop hydrocarbons in frontier and emerging basins is strengthened by its commitment to corporate responsibility. I am honoured to join Brian and the team as chairman and CEO and look forward to creating value for all our stakeholders.

“2014 will be an exciting year for Kosmos as the company starts to unlock its world class exploration portfolio with a high-impact drilling programme.”

Andy Inglis joined Petrofac Limited in January 2011 having spent 30 years with BP, most recently as CEO of its exploration and production business. He was an executive director on the BP board between 2007 and 2010.

From 2004 to 2007, he was BP executive vice-president and Deputy Chief Executive of E&P, with responsibility for BP’s growth areas, including Azerbaijan, Angola, Algeria, Gulf of Mexico, Egypt, Trinidad, and the Asia-Pacific region.

He is a former non-executive director of BAE Systems plc and TNK-BP Ltd. Mr. Inglis holds a Master’s degree in Engineering from Pembroke College, Cambridge University.

He is a Chartered Mechanical Engineer, a Fellow of the Institution of Mechanical Engineers, and a Fellow of the Royal Academy of Engineering.

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