Gas discovery could transform Morocco
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
Morocco is on the brink of developing its biggest gas discovery to date, following Energean’s farm-in to offshore acreage previously controlled by AIM-listed Chariot Energy. Everything now depends on the results of an appraisal well to be drilled this summer, according to Energean CEO Mathios Rigas in an exclusive interview with Petroleum Economist. London-listed FTSE 250 independent Energean has made impressive progress in developing assets that today supply around half of Israel’s gas from the offshore Karish field, where it has installed an FPSO and constructed a pipeline to shore. Having just completed its farm-in to offshore assets in Morocco—and assumed operatorship—Energean is hoping

Also in this section
6 February 2025
Policy initiatives will take time to reverse declining output, and restoring investor confidence is far from certain
6 February 2025
This premier event is poised to address the evolving technology and investment demands of North America’s thriving chemical and pharmaceutical sectors
5 February 2025
Growing appetite for LNG reinvigorates discussions between China and Myanmar, but civil war may prevent talk becoming action
5 February 2025
With new capacity, buyers must navigate sanctioned Russian crude, a return to traditional OPEC barrels and diversity of supply