Radar > 224861

IPIC appoints new Cepsa's president

IPIC nombra nuevo presidente de Cepsa

Intel ID : 224861
Synopsis

Abu Dhabi-based investment fund IPIC appointed Suhail Al Mazrouei as the new president of Spain-based oil company Cepsa (owned by IPIC), and who will repalce Khadem Al Qubaisi, as reported by El Economista on 5 May 2015.

Al Mazrouei will also assume presidency of Aabar Investments PJS, Borealis AG and Nova Chemicals Corporation, subsidiaries of IPIC.

Currently, the new managing director of IPIC is president of Autoridad Federal de Electricidad y Agua (FEWA), Chairman of Mubadala Petroleum Co., president of Emirates Liquefied Gas Co. and member of Supreme Petroleum Advisory Council and director of Dolphin Energy and Tatweer Petroleum Co (Bahrain).
(content in spanish)

El fondo de inversión con sede en Abu Dhabi IPIC ha nombrado como nuevo presidente de la compañía petrolera española Cepsa (propiedad de IPIC), a Suhail Al Mazrouei, que sustituirá en el cargo a Khadem Al Qubaisi, según ha informado El Economista el día 5 de Mayo de 2015.

Al Mazrouei también ocupará la presidencia de Aabar Investments PJS, Borealis AG y Nova Chemicals Corporation, filiales todas ellas del fondo Ipic.

Actualmente, el nuevo director general de IPIC es presidente de la Autoridad Federal de Electricidad y Agua (FEWA), presidente de Mubadala Petroleum Co, presidente de Emirates Liquefied Gas Co y miembro del Consejo Supremo Asesor del Petróleo, así como consejero de Dolphin Energy y Tatweer Petroleum Co (Bahrain).

Target


Intel ID 224861
Value ND
Native Currency Euro (EUR)
Financial Data - Cepsa
(31 Dec 2023)
Revenue: EUR 25.307,00m
EBITDA: EUR 656,00m
Net Debt: EUR 2.981,00m
People: 10865
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Subsector (Old TTR Sectors)
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Intel Grade
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Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Energy and Renewable Energies / Biofuel
Primary Sector (TTRSC)
20.02.02 Multiline Oil & Gas
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Secondary Sectors (TTRSC)
20.04.01 Biofuels
20 Energy & Utilities / 20.04 Renewable Energy

20.04.05 Hydrogen
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.