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The new upstream organization is to be led by three executive vice presidents: Mike Daly at Exploration, Bernard Looney for Development and Bob Fryar for Production.

They will work with Andy Hopwood, who becomes executive vice president for strategy and integration in a management team reporting to Mr. Dudley.

Mr. Dudley said he was not setting out to change everything at BP.

“We have great strengths that are important to maintain,” he said.

“We have a high quality portfolio of assets. We have a sound financial footing on which to build. We have good technology… Most importantly, we have great people.”