Interview: Energean's Mathios Rigas targets East Med success
Energean’s boss reveals the secrets of his small company’s achievements in the Eastern Mediterranean
Mathios Rigas sat down in Energean's corporate headquarters in London looking like a satisfied man. His small Greek energy company had recently listed on the London Stock Exchange, raising £330m ($460m), and its just-published results for 2017 were healthy. So, was he a happy man? "Yes, indeed," he told Petroleum Economist in an interview. "It's positive progress. Everything that we've promised we're delivering, and that's a very big part of our story." Rigas, Energean's chief executive—who started his career after taking an MSc from Imperial College in London—was a founder of the company in Greece a decade ago. To many at that time, the start didn't seem promising. Rigas spent €1m (£880,
Also in this section
21 November 2024
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
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals