L1 Energy
L1 Energy is an oil and gas investment company controlled by the Russian billionaire Mikhail Fridman, through Alfa Group, and chaired by Lord Browne.
| Industry | Oil and gas |
|---|---|
| Founded | 2015 |
Key people | Lord Browne, executive chairman |
On 2 March 2015, it was announced that Lord Browne was the executive chairman, and would be renouncing his other roles to build a major new oil and gas company from scratch.[1]
L1 Energy will run RWE Dea, the purchase of which was announced in March 2014 that DEA for €5.1 billion.
L1 Energy will seek to build a global oil and gas company through the acquisition of platforms in Europe, North America and South East Asia.[2]
Advisory board
As of August 2017:[3]
- Lord Browne, former CEO of BP
- Tony Hayward, chairman of Glencore
- Stan Polovets
- Andrew Gould, former chairman of BG Group
- Charles Goodyear, former CEO, BHP Billiton
- Scott D. Sheffield, executive chairman and former CEO of Pioneer Natural Resources
References
- Reed, Stanley (2 March 2015). "Russian Energy Deal Comes at Contentious Time". The New York Times. Retrieved 8 March 2015.
- Macalister, Terry (8 March 2015). "Ex-BP boss aims to build major energy industry player from scratch". The Guardian. Retrieved 8 March 2015.
- "Scott D Sheffield - LetterOne". www.letterone.com. Archived from the original on 29 June 2017. Retrieved 11 August 2017.
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