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Former Energy Secretary Abraham Launches International Consulting Firm

10/20/05

WASHINGTON (Dow Jones)--Former U.S. Secretary of Energy Secretary Spencer Abraham, who served during President George W. Bush's first four-year term, has formed an international energy consulting firm with some of his former top aides.

In a statement, The Abraham Group, LLC, said it would provide "strategic advice and hands-on assistance for clients seeking opportunities or solutions to challenges arising in the global market."

"Our aim is to help our clients enter and operate in the international energy market, whether it is a U.S. energy company doing business in the Middle East or a foreign energy company seeking to enter the U.S. market," Abraham was quoted as saying in the statement. "We hope to provide valuable insight and help to enhance relationships with key stakeholders to meet the business objectives of our clients."

Joseph McMonigle, Abraham's former chief of staff at the Department of Energy and vice chairman of the International Energy Agency's board of governors and Majida Mourad, former senior adviser at the Department of Energy, are also at the consultancy.

Abraham, who stepped down as energy secretary shortly after Bush was elected to a second term, served one term in the U.S. Senate, representing Michigan, and was deputy chief of staff to Vice President Dan Quayle.