L1 Energy

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L1 Energy
IndustryOil and gas
Founded2015
Headquarters,
England
Key people
Lord Browne, executive chairman
Websitewww.letterone.com/about-us

L1 Energy is an oil and gas investment company controlled by the Russian billionaire Mikhail Fridman, through Alfa Group, and chaired by Lord Browne.

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 DEA AG, 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[edit]

As of August 2017:[3]

References[edit]

  1. ^ Reed, Stanley (2 March 2015). "Russian Energy Deal Comes at Contentious Time". New York Times. Retrieved 8 March 2015.
  2. ^ Macalister, Terry (8 March 2015). "Ex-BP boss aims to build major energy industry player from scratch". The Guardian. Retrieved 8 March 2015.
  3. ^ "Scott D Sheffield - LetterOne". www.letterone.com. Archived from the original on 29 June 2017. Retrieved 11 August 2017.