Rip is BP PLC’s Chief Operating Officer for Mergers & Acquisitions with global coverage for Corporate, Refining and Marketing, and Alternative Energy. Rip has over 30 years’ experience in the Energy sector, the last 18 of which have been in M&A. He leads BP’s London M&A team who are responsible for delivering roughly half of BP’s $5-10 Billion annual M&A volume. Rip has managed transactions in all of BP’s principal businesses and deal types, including venture cap, joint venture formation and dissolution, public offerings, and the more typical private transactions. Rip’s notable transactions include the sale of BP’s petrochemical company, Innovene, in 2005 for $9 billion, the sales of the Texas City and Carson refineries in 2013 for $5 billion, and the largest sale in BP’s history, the sale of BP’s Russian oil business for $28 billion in 2013 to Rosneft and the contemporaneous acquisition of 18.75% of Rosneft equity by BP. Prior to his tenure in M&A, Rip was an Engineering Manager and CFO of Amoco’s E&P division in Denver Colorado.
Rip is a graduate of the University of Chicago (MBA) and the Pennsylvania State University (Petroleum Engineering).