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UpstreamOnline: Sakhalin manager quits after memo leak

UpstreamOnline David Greer photograph

David Greer Photo by SEIC

By Upstream staff

An executive from Anglo-Dutch supermajor Shell has resigned two weeks after a motivational email he wrote to staff on the Sakhalin 2 project in Russia was leaked to newspapers, a company spokesman said today.

“This is true,” a Shell spokesman in Moscow told Reuters, without giving details.

David Greer, deputy chief executive of Sakhalin Energy, the consortium running the $22 billion project, sent an email in which he said he despised cowards and urged staff “lead me, follow me or get out of my way”.

Greer’s memo was criticised for its aggressive tone and for borrowing heavily from George Patton, a US general in World War Two.

The Shell spokesman declined to say whether the memo, first revealed by the Financial Times on 5 June, was the cause of Greer’s departure. A Sakhalin Energy spokesman was unavailable for comment.

During Greer’s tenure at the Sakhalin 2 oil and gas project on Russia’s Pacific island of Sakhalin, Shell sold control of the venture to Russian gas monopoly Gazprom at what most analysts said was a knock-down price.

The other minority shareholders in the project are Japan’s Mitsui and Mitsubishi .

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21 June 2007 16:23 GMT  | last updated: 21 June 2007 17:13 GMT

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