We are happy to share with you that Mr Faysal Hamza has joined us as Chief Executive Officer and Board Member of Essar Exploration & Production Ltd Mauritius (EEPLM), which is the oil & gas exploration & production arm and one of the key portfolio companies of Essar Global Fund Ltd (EGFL).
Mr Hamza will be spearheading the entire exploration and production business, driving growth and value creation. He will be responsible for achieving business goals, as established in the strategic, operating and capital plans.
Mr Hamza is a business leader with 30 years’ experience in the energy sector. He has substantial expertise in managing businesses, developing and implementing business strategy, deal-making and building outstanding teams. Prior to joining Essar, he was Managing Director, Corporate Development, & Head of North Sea at EnQuest PLC, one of the UK’s largest independent oil producers in the UK North Sea, with a presence also in Malaysia. He has held key leadership positions at Swicorp and Arab Petroleum Investments Corporation (APICORP).
EGFL has invested significantly in conventional and non-conventional oil and gas fields across the world through EEPLM, which manages these investments as an early stage developer. It has participating interests in conventional oil & gas acreages in India. Vietnam and Nigeria, with an overall resource base of 3.4 bboe (barrels of oil equivalent).
EEPLM, through its subsidiary Essar Oil & Gas Exploration & Production Ltd (EOGEPL), is India’s largest operator of unconventional hydrocarbon acreages located across key sedimentary basins in the country. These acreages have a resource base of 15 TCF (Trillion Cubic Feet) and includes both CBM (Coal Bed Methane) and shale reserves.
The Essar family wishes Mr Hamza a rewarding journey ahead.