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
4 October 2024
Economic ill-health may be a wake-up call to the world about the Asian nation’s shifting oil buying status
3 October 2024
The formation’s gas-to-oil ratio is set to keep rising, but new markets and midstream plans mean infrastructure constraints may not be an issue
2 October 2024
Geopolitical strife embroiling Iran and political corruption in Venezuela suggest little near-term change to oil production from either of the sanctioned states
1 October 2024
Our look into Petroleum Economist's archives continues with October 1960 coverage of another key moment in the history of oil and gas: the founding of OPEC