Africa's Oil, Gas and Energy News.
Reported fourth quarter 2022 production of approximately 18,175 working interest (“WI”) barrels of oil equivalent (“BOEPD”) or about 14,200 net revenue interest (“NRI”) BOEPD; Production was within VAALCO’s fourth quarter … Read More
VAALCO Energy has completed the successful drilling of the South Tchibala 1HB-ST well that was drilled from the Avouma platform in the Etame field, offshore Gabon. Highlights Discovered significant columns of … Read More
VAALCO Energy has announced entry into a new credit agreement, effective May 16, 2022, for a new five-year Reserve Based Lending facility with Glencore Energy UK Ltd. that includes an … Read More
VAALCO Energy has provided an update on the Etame field reconfiguration in conjunction with the replacement of the existing Floating Production, Storage and Offloading unit (FPSO) with a Floating Storage … Read More
VAALCO Energy has announced that it has commenced its 2021/2022 drilling campaign offshore Gabon with the Etame 8H-ST well. Under a drilling contract announced by VAALCO in early summer, a … Read More
VAALCO Energy has signed a binding letter of intent with World Carrier Offshore Services Corp. to provide and operate a Floating Storage and Offloading (FSO) unit at VAALCO’s Etame Marin … Read More
VAALCO Energy has announced it has executed a contract with Borr Jack-Up XIV Inc., an affiliate of Borr Drilling Limited, to drill two development wells and two appraisal wellbores with … Read More
VAALCO Energy has entered into crude oil commodity swap agreements for a total of 709,262 barrels at a Dated Brent weighted average price of $53.10 per barrel for the period … Read More
VAALCO Energy has announced that the acquisition of three dimensional (3-D) seismic data at the Etame Marin block offshore Gabon has been completed. Highlights Completed the acquisition of nearly 1,000 … Read More
