Mathios Rigas

Rigas: ‘Oil price upside is not enough anymore’

Europe's oil and gas sector is building up a crowded pipeline for stock market flotations, but investor appetite is limited given painful experiences after the last oil price crash and a backlash against fossil fuels.
Greek group Energean was one of a handful of energy companies to list in London in recent years, betting on Israeli gas production and long-term offtake agreements.

Greece’s Energean gets Israeli approval to develop offshore fields


Greece’s Energean Oil & Gas announced on August 30 that its subsidiary Energean Israel, a 50/50 joint venture between Energean and Kerogen Capital, has received approval from the Israeli Petroleum Commissioner for its Field Development Plan (FDP) for the development of the Karish and Tanin natural gas fields, offshore Israel. The FDP application was submitted on 20 June 2017.