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Iraqi candidate shell executive { April 2 2003 } Original Source Link: (May no longer be active)
http://www.nytimes.com/2003/04/02/international/worldspecial/02OIL.htmlhttp://www.nytimes.com/2003/04/02/international/worldspecial/02OIL.html
April 2, 2003
Candidate for Production Job Is a Retired Shell Executive
By NEELA BANERJEE
A former chief executive of the Shell Oil Company appears to be the leading contender to oversee Iraqi oil production after the fall of Saddam Hussein, industry experts who spoke to the Bush administration said yesterday.
Those experts said the administration was still developing a plan for American involvement in the Iraqi oil sector, whose fields and facilities are dilapidated but whose employees are widely respected for their professionalism within international oil circles. They said it appears that the executive, Philip J. Carroll, 65, would probably be responsible for Iraqi oil production, and that someone else would probably be named to run the refining and marketing of Iraqi oil.
After leaving Shell, Mr. Carroll became chairman and chief executive of the Fluor Corporation, a construction company based in Aliso Viejo, Calif. He retired from Fluor in February, 2002, and now lives in Houston.
Fluor confirmed recently that it was invited by the administration to bid on reconstruction work in Iraq, though it is unclear whether the company has been awarded any contracts.
The Bush administration has long insisted that the sale of Iraqi oil should benefit the Iraqis. But reviving the Iraqi oil industry, under the scrutiny of a skeptical world and the Iraqis themselves, will be a formidable task, industry experts said.
The administration and Mr. Carroll declined to comment on the possibility of his appointment to the oil post.
If the administration does tap Mr. Carroll, it will be relying on a career oil man who thrives on challenges, industry analysts said. Many analysts credit Mr. Carroll with reshaping Shell Oil, the American arm of the Royal Dutch/Shell Group, when he ran it in the 1990's, mainly by pushing the company to develop large reservoirs of oil and natural gas in the risky but potentially rich deep waters of the Gulf of Mexico.
At Fluor, Mr. Carroll quickly got rid of unprofitable old businesses and found promising new ones, said Michael S. Dudas, an engineering analyst for Bear, Stearns & Company.
Mr. Dudas said Mr. Carroll was known for pulling together competent people to carry out major restructuring plans without micro-managing them, a trait that would serve him well if the administration decides to let the Iraqis control their oil.
"He would get very good people, and check in with them frequently," Mr. Dudas said. "He would put the plan in place but he would let them run with it."
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