Energean CEO Mathios Rigas
Energean finds its sweet spot
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
Energean is on the lookout for its next development opportunity as it pursues a strategy that has rapidly positioned it as the leading gas-focused independent E&P player in the greater Mediterranean. The London- and Tel Aviv-listed company, which recently sold gas assets in Egypt, Italy and Croatia to global investment firm Carlyle, has made its name as a developer of smaller resources that tend to slip under the radar of the majors. The company’s Karish, Katlan and Tanin gas fields in Israel, which hold combined reserves of 3–3.5tcf, are the ideal size for Energean, said CEO Mathios Rigas in an interview with Petroleum Economist during the ADIPEC conference in Abu Dhabi. Prinos is
Also in this section
24 March 2025
Indian E&P company wants to take domestic production to a new horizon, given the amount of unexplored opportunities
21 March 2025
Two recent developments raise the prospect of a revival in northern Iraqi oil and gas fortunes, but familiar obstacles could thwart momentum
20 March 2025
As cash-strapped Western governments commit to substantially raising defence expenditure, a similar dynamic is playing out in Saudi Arabia’s oil and gas sector, as Saudi Aramco maintains it heavy capex push despite reduced revenues
20 March 2025
Tariffs, sanctions and trade conflicts are upending the oil market, impacting crude differentials and shipping rates and creating uncertainty
