Executive Interview North Sea Focus

Francesco Mazzagatti, Chief Executive Officer, Viaro Energy

Published 21 August 2023

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?

It is true that 2023 has been quite busy for Viaro and we expect to have a few more announcements before the year is out. Our goal remains the same as ever, which is to make long-term investments in the North Sea and ultimately support the exploration and production of local European energy sources to their fullest potential. Each deal we make is primarily evaluated through this lens, and we seek to maintain the right overall balance between our exploration and production investments in the North Sea.

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