Associates
International Energy Group AG
IEG (formerly Masefield Energy Holdings AG) was created to reflect the diversified international nature of the business moving forward. Masefield has a 20% direct shareholding in IEG. The shareholders interests in IEG and Masefield have a large degree of commonality. IEG interests include:
Nautical Petroleum Plc
Nautical Petroleum plc is an independent hydrocarbon exploration and development company listed on the London AIM. The company's mission is to acquire, develop and add value to discovered heavy oil, initially on the United Kingdom Continental Shelf. IEG has a 30.5% shareholding in Nautical Petroleum. Click here to visit the Nautical Petroleum website
Quadrise Fuels International Plc
QFI produces an emulsion fuel as a low cost substitute for conventional heavy fuel oil (HFO) for use in power generation plants and large steam raising or energy consuming industries. IEG has a 59% shareholding in QFI. Click here to visit the Quadrise Fuels website
Wilton Petroleum Limited
Wilton Petroleum Limited is a hydrocarbon exploration and production company whose aim is to develop and produce oil and gas internationally, with particular focus on heavy oil and Africa. Click here to visit the Wilton Petroleum website
Strategic Energy Bank
Co-ordinating Oil producers with Oil consumers, the Strategic Energy Bank, “SEB”, is a subsidiary of Masefield International Holdings AG. The SEB was established in order to augment the Strategic Energy Security programmes already set in place by established members of the IEA as well as providing Energy Security to both members and non-members. Click here to visit the Strategic Energy Bank website
