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.
Equatorial Guinea has preliminarily awarded nine blocks in its EGRonda 2019 licence round, announcing the results at the Gas Exporting Countries Forum (GECF) under way this week in Malabo.
Vaalco Energy has posted a loss for the third quarter, with realised oil prices slipping and production down.