BP is to create a new safety division to oversee and audit the company’s operations around the world when Bob Dudley takes over as chief executive.

The Safety and Operational Risk department will be responsible for ensuring that all operations are carried out to common standards and for auditing compliance with those standards.

The organisation aims to strengthen safety and risk management across the BP group and will be headed by Mark Bly who will report directly to Dudley.

BP said it will also restructure its upstream segment from a single business into three functional divisions: Exploration, Development and Production.

The restructuring will help carry out a detailed and wide-ranging review of how it manages third-party contractors, fosters the long-term development of specialist expertise and reinforces accountability for risk management, the company said.