Tony Hayward to lead new oil company?

Well this sounds like a good idea.

Mr Hayward, who resigned as chief executive at the energy giant following the Gulf of Mexico oil spill disaster, is understood to have been approached by representatives from the oil-rich emirate about building a global oil and gas group. The proposed new venture would have billions of dollars in support from an Abu Dhabi fund, named in reports as the emirate’s estimated $800bn (£496bn) sovereign wealth fund – the Abu Dhabi Investment Authority (ADIA).

via Former BP boss Tony Hayward in talks to lead new oil company – Telegraph.