Temasek hires CEO for oil exploration unit Orchard

Reuters, 26 Mar 2009, Kevin Lim and Saeed Azhar
SINGAPORE, March 26 (Reuters) - Singapore state investor Temasek Holdings [TEM.UL] has hired a CEO for its year-old offshore oil and gas exploration unit, indicating the state investor is preparing to invest in the energy sector.
Tony Tan, who previously headed exploration and production at Singapore Petroleum Co (SPCS.SI), has joined Orchard Energy as chief executive, a source familiar with the 100 percent-owned unit of Temasek said on Thursday.
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