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
14 April 2026
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
13 April 2026
Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected and key producers Saudi Arabia and the UAE also seeing output sharply lower
13 April 2026
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
13 April 2026
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy






