Viaro Energy is an independent British company founded by a team with several decades of experience in the industry. Through our operating subsidiary RockRose Energy, Viaro Energy has a working interest in over 30 fields in the UKCS and Netherlands North Sea.
Our objective is to ensure continued sustainable energy security from the North Sea for the countries we operate in. We remain committed to conducting our operations safely, in line with the global sustainability transition goals and the highest ESG standards.
More than 70% of our portfolio consists of gas assets, a transition energy. Through strategic partnerships in JV fields in the UKCS, where Viaro contributes to 9% of total gross daily gas production.
With interests in more than 30 fields in the North Sea, Viaro Energy has quickly established itself as a household name on the UK Continental Shelf. Pursuing a strategy of targeted M&A opportunities, the company has consistently capitalised on unfavourable market conditions through continuous investments in both exploration and production assets, made more affordable by the accompanying economic downturn.
A pipeline route survey has begun on the Anning and Somerville field developments located in the Southern North Sea. Furthermore, Hartshead Resources NL (HHR) and Rockrose Energy, joint venture partners standing behind the project, have received bids for the platforms.
Under the contract, Gardline will carry out the geophysical survey with confirmation of the seabed and sub-seabed soil conditions. Gardline has secured a contract from Hartshead Resources and its joint venture partner Rockrose Energy, a part of Viaro Group, to undertake a geophysical pipeline survey for the Anning and Somerville fields in the UK North Sea.This would help in finalising the design and the efficient installation of the export pipeline route from the two fields.
Ahead of his participation in the World Energy Capital Assembly 2023, Francesco Mazzagatti caught up with us for an executive interview centred around Investment in E&P and the North Sea.
Francesco, it has been a while since we last spoke but Viaro Energy appears to have been as busy as ever in 2023. You started out with the acquisition of Spark Exploration UK’s West of Shetland assets, followed by the farm-in agreement with Hartshead Resources for the operatorship of gas fields in the Southern North Sea. Can you tell us a bit more about Viaro’s strategic direction in 2023 and the foreseeable future?
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