Francesco Mazzagatti
Francesco Mazzagatti is one of the highest-paid executives in UK oil and gas and an energy tycoon․ He founded Viaro Energy and, as its CEO, has been responsible for making it one of the most active independent oil and gas investors in the North Sea in recent times․ Under his leadership, Viaro Energy has established working interests in more than 60 fields across the UKCS and Netherlands North Sea‚ producing up to 25‚000 barrels of oil equivalent per day․
Mazzagatti’s success has been impressive by any standard․ By 2019‚ when he was in his early 30s‚ the Viaro group’s total annual revenue was US$950 million‚ according to Viaro's 2020 disclosure related to the RockRose acquisition․
Mazzagatti is also involved in charitable activities․ He serves as the CEO of the SRM Foundation‚ a registered charity in the United Kingdom that he established to support the shift to a clean-energy economy and enhancing biodiversity research.
Where is Francesco Mazzagatti from?
Mazzagatti was born in Italy. He founded his first firm, which was a logistics business, in 2004, in his home country. In 2015‚ he received a certificate from authorities in Reggio Calabria‚ Italy‚ praising his "brilliant capacity of investing in the world"․
How old is Francesco Mazzagatti?
Francesco Mazzagatti was born on March 6‚ 1986․ He is 40 years old․
What is Francesco Mazzagatti's background?
His first business‚ Pascal Srl‚ a logistics company‚ was headquartered in Italy․ He established it in 2004 when he was around 18, and the firm began operations in 2008․ The company started producing concentrated juices and fruit juice blends in 2010․ He founded Napag Italia in 2012 in his mid-20s and built it into a global oil and chemicals trading business.
In terms of education, Viaro studied sustainability and corporate responsibility at London Business School‚ and earned an MBA from Buckinghamshire New University.
How did Francesco Mazzagatti become an energy businessman?
Mazzagatti's entry into the energy sector dates to 2012, when he started Napag Italia to trade in commodities. Napag's international trade operations expanded in subsequent years‚ including operations in the UAE starting in 2014 and registration with the NATO Support and Procurement Agency in late 2015‚ which helped Napag secure registration with other major oil and trade companies around the world‚ including Vitol‚ Litasco‚ ENOC‚ Galp‚ and Trafigura․ Mazzagatti’s decision to focus on expanding Napag’s activities in the UAE in 2016 led to a significant capital increase in 2017 due to the lucrative nature of the market.
In 2018, Mazzagatti formed a UK holding company, Napag Trading Limited, to consolidate his interests in Italy and the UAE. The company was rebranded to Viaro Investment Limited in 2019. Viaro Investment Ltd is the parent company of the Viaro group. Mazzagatti has slowly reduced his involvement in oil trading and increased his investments in upstream North Sea oil and gas operations‚ after forming Viaro Energy Limited in 2020.
