An Executive Interview with Tassos Vlassopoulos, CEO, HELPE Upstream
Published 12th November 2021
by Tassos Vlassopoulos, HELPE Upstream, and Jack Ingram, Energy Council
Tassos, please tell the Energy Council network a little more about HELPE Upstream…
HELPE Upstream is the E&P business unit of Hellenic Petroleum, one of the biggest Energy Groups in SE Europe, offering an option value to a mainly Downstream group. After a decade of international operations in N. Africa (Libya and Egypt), HELPE Upstream is now focused on seven offshore licences (two of them operated) in Greece. Its partners include TotalEnergies, Exxon, Repsol and Energean.
You will be moderating the ‘Upstream Innovators Panel – The Reimagining of Upstream Capabilities – E&P as the Great Innovator’ plenary session at the World Energy Capital Assembly and innovation is central to the HELPE Upstream strategy/story – tell us a little bit about how you’re embedding this across the business?
In Exploration, better integrate different expertise (knowledge, perspectives) and use Cloud-base services to expedite analysis. Furthermore, simplify procurement policies, introduce cutting-edge digital tools in finance operations as well as standardize processes to reduce cycle time and costs.
What excites you most about this year’s World Energy Capital Assembly and what are you and the team looking to achieve at the show?
We would like to exchange views with other companies and contractors, explore potential collaboration and hear about the challenges and solutions in several E&P adjacencies.
How do you feel our industry will evolve and grow after the COVID era?
There has been a massive structural change, accelerating the moves towards the Energy Transition. Investment will continue in the E&P as it is needed to ensure a smooth transition with affordable energy pricing in the medium term. The large global players seem to focus on areas of high resource potential, preferably with existing infrastructure. Most European oil & gas companies are also investing in several forms of renewable energy and electrification, leveraging their financial strength and capabilities to manage large project operations.
HELPE Upstream are a premium sponsor of the Energy Council’s World Energy Capital Assembly, and Tassos Vlassopoulos will be the moderator of the ‘Upstream Innovators Panel – The Reimagining of Upstream Capabilities – E&P as the Great Innovator’.
World Energy Capital Assembly
Returning to London 29 - 30 November 2021
The meeting place for senior energy executives, investors and financiers to connect and do deals
“HELLENIC PETROLEUM EXPLORATION AND PRODUCTION OF HYDROCARBONS SINGLE MEMBER S.A. (HELPE UPSTREAM) is a 100% affiliate of HELLENIC PETROLEUM S.A. and it was founded in 2015. The main purpose of the company is the development and the implementation of projects relating to all phases of the industry of exploration and exploitation of hydrocarbons. The personnel of the company consists of specialized scientists with international experience in the oil and gas industry.
The main objective of HELPE UPSTREAM, as a member of the Hellenic Petroleum Group, is the exploration of hydrocarbons in the concession areas and their future exploitation in favor of the country and local communities with the outmost to the environment and the local commercial or social activities. Both exploration and exploitation activities of hydrocarbons are governed by a strict institutional framework to minimize the environmental footprint of operations.