BusinessCompany NewsTNK-BP CFO’s visa pulled

TNK-BP CFO's visa pulled

James Owen denied visa by Russian authorities as TNK-BP dispute rages on

James Owen the CFO of TNK-BP, Russia’s third largest oil company has had his
work permit withdrawn by the Russian authorities.

The powers that be in Moscow denied visas to several of BP’s top brass
including Robert Dudley, TNK-BP’s chief exec.

If the executives cannot convince the Russian authorities to reverse their
decision, they could be turfed out of Russia by the end of the month, the
FT
reported
.

BP’s joint venture with TNK has turned ugly as a fight for overall control of
the partnership has broken out.

Owen has held senior positions in several overseas locations. From 1970 to
1972 he was senior auditor for PriceWaterhouseCoopers in Brussels and he has
also also held financial management positions at Chevron, including the position
of director of finance for the Indonesia division of the company before moving
on to the same role for the London arm. Owen is also a former CFO of Russian
company
Tengizchevroil.

Further reading:

BP
accused of dealing secretly with Kremlin

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