Vaalco Energy has seen some disappointing results from a recent well offshore Gabon, but is looking for solutions.
Vaalco Energy has completed the installation of new floating infrastructure off Gabon, shortly after completing its merger with TransGlobe Energy.
Shareholders of TransGlobe Energy have backed the planned sale to Vaalco Energy by 72.8%, just over the required level of 66.66%.
Nigeria’s Atlas Petroleum International has objected to Vaalco Energy’s announced plans to develop the Venus field, in Equatorial Guinea.
Equatorial Guinea has approved the Venus plan of development hatched by Vaalco Energy, targeting first oil in 2026.
In this day and age, there is no space for a small cap oil company, according to TransGlobe Energy CEO and president Randy Neely, making the case for a tie up with Vaalco Energy.
A challenge has been mounted to TransGlobe Energy’s plans to merge with Vaalco Energy, ahead of the crucial September 29 vote.
Following success, Vaalco Energy has elected to keep its Borr Drilling rig for another two wells offshore Gabon.
Vaalco Energy has completed a new well in the Etame field. Initial flow rates of 3,100 barrels per day of oil gross exceeding internal expectations.
Vaalco Energy will focus on delivering its expansion projects this year, while avoiding any threats to production, CEO George Maxwell has said.
Vaalco Energy has contracted DOF Subsea to carry out subsea construction and installation work to allow it to go ahead with swapping in a floating storage and offloading (FSO) vessel in Gabon.
Borr Drilling has signed a contract for its Norve jack-up to work in Gabon, for BW Energy.
Vaalco Energy has got its drilling campaign offshore Gabon under way with a well on the Etame field.
BW Energy has signed up to two new exploration blocks offshore Gabon as part of the country’s often delayed 12th offshore licensing round.
Borr Drilling sees better times ahead, predicting all its rigs might be in work by the end of 2022.
Vaalco Energy has signed a binding letter of intent (LoI) with World Carrier Offshore Services to provide a floating storage and offloading (FSO) vessel offshore Gabon.
Vaalco Energy has signed a contract with Borr Drilling for a jack-up for work on the Etame Marin block.
Vaalco Energy has a new CEO and a strategy that aims to place the company among its West Africa-focused peers on the London market.
Vaalco Energy has signed a deal for a new floating storage and offloading (FSO) unit at its Etame Marin field, replacing BW Offshore with Omni Offshore Terminals.
George Maxwell has been named as Vaalco Energy’s new CEO, replacing Cary Bounds.
Sasol has completed the sale of its 27.75% stake in a Gabonese licence to Vaalco.
Vaalco Energy has struck a deal to buy out its partner, Sasol, from shared operations offshore Gabon.
Vaalco Energy posted a net loss of $52.8 million for the first quarter of the year, driven by a non-cash charge of $59.1mn as a result of lower oil prices.
Gabon-focused Vaalco Energy has completed the South East Etame 4H well at 2,200 barrels per day of oil.