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| Industry | Oil and gas |
|---|---|
| Founded | 2015 |
| Headquarters | London, 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.
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.
Advisory board
As of August 2023:
- Lord Davies of Abersoch, Non-Executive Chairman
- Jonathan Muir, Chief Executive
- Franz Humer Non-Executive Director
- Richard Burt, Non-Executive Director
- Wulf von Schimmelmann, Non-Executive Director
- Vitalij Farafonov, Chief Operating Officer
References
- Reed, Stanley (2 March 2015). "Russian Energy Deal Comes at Contentious Time". 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.
- "Our Board". www.letterone.com. Retrieved 7 July 2023.