EIC Governance and Constitution

EIC Constitution and Governance

The Energy Industries Council (EIC) is a not-for-profit organisation limited by guarantee, constituted as a private limited company that is wholly owned by its members but not having any shares. It is governed by a Board of up to 20 Directors elected by the members and three appointed Directors (the Chairman, Chief Executive and Chief Financial Officer).

The Board of Directors meets quarterly and controls the company, delegating powers as necessary to the permanent staff through the Chief Executive. It determines the EIC’s strategy and policy as well as overseeing the operation of the EIC and its financial viability. The Chief Executive is supported by a staff of around 80 who are based in London, Rio de Janerio, Houston, Dubai, and Kuala Lumpur.

The EIC was established in 1943 as the Council of British Manufacturers of Petroleum Equipment (CBMPE); the registered name was changed in 1981 to Energy Industries Council (EIC) to reflect the expansion of activities to cover the whole energy sector. The EIC currently has approximately 700 members who collectively employ over a million people and generate over £100 billion in revenues out of their UK-based operations.

Consolidated Report and Financial Statements, Year Ended, 31 March 2020

Members' Terms & Conditions

Articles of Association