Greece’s Energean Set to Be a Regional Oil Leader: CEO

Energean Oil & Gas is becoming a leader in the eastern Mediterranean region as it revives Greek production, adds new licenses, bids for offshore concessions and moves into Israel, Chief Executive Officer Mathios Rigas said.

“We’re emerging as a regional oil and gas champion in the eastern Mediterranean,” Rigas said in an interview in Athens, pointing to the company’s work in reviving Greece’s only domestic oil production, at the Prinos field, under “demanding environmental conditions.”