Tony Hayward, the former BP chief executive who stepped down in the wake of the Deepwater Horizon explosion, is in talks to launch a new global oil company, according to press reports.
Mr Hayward was approached by representatives from Abu Dhabi’s sovereign wealth fund who offered to bankroll him to the tune of several billion dollars to enable him to build a global oil and gas group, according to the Sunday Times.
BTW, are journalists required to use the phrase “in the wake of” in every article about the blowout? It sure seems that way. This short article uses the phrase twice (bonus points?).
Bud's Offshore Energy (BOE) 
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