L1 Energy

Last updated
L1 Energy
IndustryOil and gas
Founded2015
Headquarters,
England
Key people
Lord Browne, executive chairman
Website www.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

As of August 2023: [3]

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References

  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. "Our Board". www.letterone.com. Retrieved 7 July 2023.{{cite web}}: CS1 maint: url-status (link)