Paul Goodfellow has been appointed as the new President and Chief Executive Officer at Talos Energy where he will utilise his 30 years of experience to help the business define its next phase of growth and develop a new strategic plan.
He said, “I appreciate the confidence the Board of Directors has shown in selecting me to lead Talos with its strong asset base and solid balance sheet. I look forward to working with the Board, senior management, and its dedicated employees as we develop and execute a strategy to drive performance and maximise value for our shareholders.
“During my first 100 days at Talos, I plan to gain a deeper understanding of our business and identify the key drivers of Talos's success. Additionally, I will collaborate with the leadership team to define the next phase of our growth and develop a strategic plan. Once this process is complete, we plan to announce our new strategic plan."
Goodfellow, who will also join the Board of Directors for the company, is bringing more than three decades’ worth of domestic and international experience in the oil and gas industry to Talos. During his career, Goodfellow has held various senior executive roles at Shell, including leading the operator’s global deepwater business across the Gulf of Mexico, Brazil, West Africa, Malaysia and the North Sea. He also held positions overseeing Shell’s well intervention organisation and served as a key member of the Projects & Technology and Upstream leadership teams.
Currently, Goodfellow is Executive Vice President and Group Chief Internal Auditor for Shell. He has also served as Executive Vice President, Deep Water for Shell’s global deepwater business, as well as Executive Vice President, Wells, Vice President and Managing Director, UK and Ireland and Vice President, Unconventionals US and Canada.
Neal Goldman, Chairman of Talos’ Board of Directors, commented, “I am very pleased to welcome Paul to Talos. The Board of Directors is confident that his extensive oil and natural gas experience, particularly in deepwater operations, along with his strategic judgement, performance track record and seasoned perspective, will be key in continuing to drive Talos’ strategy.
“Under Paul’s leadership, we expect to remain focused on leveraging our strengths in deepwater exploration and development to create compelling value for all our shareholders.”
