Dr. David Bamford, formerly Head of Exploration, BP; Finding Petroleum

Posted by pkm at Jan 15, 2015 07:24 AM |

David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retirement from the board at the end of April 2014.

He joined the board of Premier Oil in May 2014.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008, and Welltec a/s, a Danish well-engineering company, as the nominee of the private equity investor Riverside.

From 2012 to 2013 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

Over the last several years he has written extensively on the oil & gas sector and founded/taken equity interest in several media companies (Finding Petroleum, Digital Energy Journal, Geoexpro, Carbon Capture Journal, Tanker Operator Magazine) that focus on the sector. He pays special attention to technology innovation and knowledge transfer, and together with his son has founded Next Bigger, Better Ltd for identifying and funding technology innovations by young people.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

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