Pharos Energy

Pharos Energy Plc
Company typePublic company
LSEPHAR
IndustryOil and Gas Exploration
Founded1997 as Snyder Oil Corporation International
FounderEd Story
HeadquartersLondon, England
Key people
John Martin, Chair
Ed Story, CEO
RevenueDecrease $167.9 million (2023)[1]
Decrease $(18.1) million (2023)[1]
Decrease $(48.8) million (2023)[1]
Websitewww.pharos.energy

Pharos Energy Plc, previously SOCO International, is an oil and gas exploration and production company, headquartered in London. The company changed its name to Pharos Energy Plc in October 2019 after coming under fire for illegal activity in Virunga.[2]

The company is listed on the London Stock Exchange and currently has interests in Egypt, Israel and Vietnam.[3] The company previously held interests in the Republic of Congo and Angola.[4] Pharos Energy no longer holds interests in Africa, and their strategy now focuses on interests in the Middle East and Asia.[5][2]

  1. ^ a b c "Annual Results 2023" (PDF). Pharos Energy. Retrieved 27 March 2024.
  2. ^ a b "Soco International Investors Approve Pharos Energy Name Change". MorningstarUK. 16 October 2019. Retrieved 18 August 2020.
  3. ^ Deduleasa, Anamaria (11 March 2020). "Pharos targets emissions reduction plans in Egypt, defers Vietnam work". Upstream Online. Retrieved 18 August 2020.
  4. ^ "SOCO commences drilling from Congo well – News for the Oil and Gas Sector". Energy Voice. 8 February 2016. Retrieved 13 July 2017.
  5. ^ Marshall, Steve (2 July 2018). "Soco in Angola exit". Upstream Online. Retrieved 18 August 2020.