Viaro Energy sees gas as long-term UK transition fuel
CEO sees gas as growth area for the North Sea if governments embrace energy security
Viaro Energy is an independent British company that, through its operating subsidiary RockRose Energy, has a working interest in more than 30 fields in the UK Continental Shelf (UKCS) and Dutch North Sea. Viaro CEO Francesco Mazzagatti has a clear vision to focus long-term on oil and in particular gas assets in the North Sea basin but faces an evolving regulatory, political and economic landscape. In an exclusive interview with Petroleum Economist, Mazzagatti explained how the company must navigate the energy transition, windfall taxes and new UK elections with gas as a central pillar of that strategy as a long-term transition fuel. More than 70% of Viaro’s portfolio consists of gas assets t
Also in this section
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields