VAALCO Archives | Ibe Kachikwu

29th August 2021

VAALCO Announces Binding Letter of Intent for FSO at Etame Marin Field Offshore Gabon

VAALCO Gabon has signed a binding letter of intent (‘LOI') with World Carrier Offshore Services Corp to provide and operate a Floating Storage and Offloading (‘FSO') unit at VAALCO's Etame...

18th June 2021

VAALCO Energy Hires Jack-Up XIV for Drilling Campaign in Gabon in 2021/2022

VAALCO Energy has announced that it has signed a contract with Borr Jack-Up XIV Inc., a Borr Drilling affiliate, to drill two development wells and two appraisal wellbores, with the...

21st May 2021

Vaalco Records Production Increase in Q1 2021; Set to Drill Two Wells and Appraise Two Potentials

After a massive increase of 113% of the oil produced and sold in the first quarter of 2021 compared to the same period in 2020, Houston-based oil company, Vaalco, is...

24th December 2020

Vaalco to Continue with Acquisition of Sasol’s Interest in Gabon

VAALCO Energy will go ahead with its previously announced acquisition of the working interest of Sasol in the Etame Marin block, offshore Gabon, as no other partner exercised their pre-emptive...

7th December 2020

VAALCO Announces 3D Seismic Data Acquisition Offshore Gabon

VAALCO Energy has announced the completion of the acquisition of nearly 1,000 square kilometres of new dual-azimuth proprietary 3-D seismic data over the entire Etame Marin block offshore Gabon, which...

28th November 2020

Sasol and VAALCO Sign SPA for Etame Marine Block offshore Gabon

Sasol Gabon S.A. (Sasol) and VAALCO Gabon S.A. (VAALCO) have signed a Sale and Purchase Agreement (SPA) that will allow VAALCO acquire the 27.8% working interest of Sasol in the...

19th November 2020

VAALCO Acquires Sasol’s Interest in Etame Marin Block Offshore Gabon

VAALCO Energy has inked a Sale and Purchase Agreement (SPA) to acquire the 27.8% working interest of Sasol in the Etame Marin block offshore Gabon. The acquisition will add to...

11th November 2020

Vaalco Energy Publishes Q3 Report for Gabon

Vaalco Energy has published its third-quarter report for 2020 which showed the company achieved strong production performance in Gabon despite the OPEC+ agreements. It completed its operational campaign and conducted...

2nd October 2020

GABON: VAALCO Energy Announces new 3D Seismic Data in Etame Marin Block

VAALCO Energy Inc. announced that its plans for future drilling programs at the Etame Marin block offshore Gabon. It announced that it will begin acquiring and processing new three-dimensional (3-D)...