The former head of Equinor Ventures has joined BP’s corporate venturing arm as vice president.
Burns joins BP Ventures at a time of transition for the fund. Last year, bp announced several growth areas that will drive its transformation including bioenergy, electric vehicle charging, renewables and hydrogen.
Burns helped set up Equinor Energy Ventures as managing director in 2016, when it was known as Statoil Energy Ventures. When it merged with sister unit Equinor Technology Ventures in 2020 to form Equinor Ventures, he transitioned to lead the combined entity.
Based in London, Burns has been on the GCV Powerlist twice, most recently in 2022. He was at Equinor for more than 20 years having joined in 2002 as a business analyst.