Energean ready to go deep into Africa

Mediterranean-focused gas producer looks to replicate Israel success story and is hunting projects across the continent, with particular interest in West Africa

Energean, with operations across the Mediterranean and the UK North Sea, is ready to go further afield in its quest to grow its business, with CEO Mathios Rigas telling Petroleum Economist in an exclusive interview that the company is uniquely positioned to develop the right assets across Africa.  “We need to keep growing. And we need to seek opportunities in other parts, outside the Mediterranean. We have proven our success in the Mediterranean; we built the business from pretty much nothing to where we are today. And our aspiration is to do the same in Africa,” Rigas said, pointing to the two decades of growth. Energean produces close to 170,000boe/d over a portfolio of assets mainly in Gr