Energean Plc is planning to scale up operations in Africa to diversify from its focus on the Middle East as conflict in the region roils energy markets.

The London-based energy company, which acquired two offshore oil blocks in Angola from Chevron Corp. in March, is keen on more projects in the continent, Chief Executive Officer Mathios Rigas said in an interview. “Angola happened for two reasons: diversification and a strategic decision to enter West Africa, which has a lot of discovered-yet-undeveloped resources,” he added.