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The visionary
ECONOMY & POLICY

The visionary

Rahul Dhir, the man behind the transformation of Cairn from a laggard to one of the industry's prized companies, is leading other former Cairn executives in his latest venture, Delonex Energy Ltd, of which he is the CEO, on an exciting hunt for oil beneath the vast swathe of continental Africa. Warburg Pincus has recently shown interest in investing up to a staggering $600 million in the company led by Dhir. "Delonex Energy plans on accessing opportunities in these areas (Ethiopia, Kenya, Uganda, Tanzania, Mozambique, South Sudan and Chad) through farm-in and direct awards from host governments," he said. Dhir was instrumental in setting up Delonex Energy after Cairn was sold off to Vedanta Resources. Warburg can rest assured that both the money and the oil are in safe hands!

Rahul Dhir, the man behind the transformation of Cairn from a laggard to one of the industry's prized companies, is leading other former Cairn executives in his latest venture, Delonex Energy Ltd, of which he is the CEO, on an exciting hunt for oil beneath the vast swathe of continental Africa. Warburg Pincus has recently shown interest in investing up to a staggering $600 million in the company led by Dhir. "Delonex Energy plans on accessing opportunities in these areas (Ethiopia, Kenya, Uganda, Tanzania, Mozambique, South Sudan and Chad) through farm-in and direct awards from host governments," he said. Dhir was instrumental in setting up Delonex Energy after Cairn was sold off to Vedanta Resources. Warburg can rest assured that both the money and the oil are in safe hands!

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