Senior Vice President, Strategy and Business Development
Paul Welford is Senior Vice President, Strategy and Business Development for Hess Corporation, a global independent energy company engaged in the exploration and production of crude oil and natural gas.
In this role, Welford is responsible for all corporate and portfolio strategy, business development and commercial activities. Previously as Hess’ Vice President of Global New Business Development and as Vice President of Corporate Strategy and Planning, he played a key role in shaping Hess’ portfolio and forward strategy.
Prior to joining Hess in 2010, Welford held a number of leadership roles with BG Group including Vice President of Upstream Operated Assets for BG Egypt. He started his career with Shell as a Petroleum Engineer, with assignments in the Netherlands, Brunei, Argentina, Thailand and Malaysia. He subsequently held a set of broader business roles with Shell across the former Soviet Union, the Middle East and Europe, most recently heading Shell’s global upstream M&A transactions group and as global upstream commercial functional head.
Welford holds a bachelor’s degree with first class honors in Civil Engineering from the University of Leeds and an MBA from Cranfield School of Management.