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 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure