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Angola: Total starts production from Zinia Phase 2, successful short-cycle development on Block 17 06 May 2021 Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, has announced the start of production from the Zinia Phase 2 short-cycle project, connected to the existing Pazflor’s FPSO (Floating Production, Storage and Offloading unit). The project includes the drilling of nine wells and is expected to reach a production of 40,000 barrels of oil per day by mid-2022.  Located in water depths from 600 to 1,200 meters and about 150 kms from the Angolan coast...

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VAALCO Announces Letter of Intent for FSO at Etame offshore Gabon édité le 28/04/2021 - Plus de news de "Vaalco Energy" - Voir la fiche entreprise de "Vaalco Energy" VAALCO Energy, Inc. announced that it has signed a non-binding letter of intent (“LOI”) with Omni Offshore Terminals Pte Ltd (“Omni”) to provide and operate a Floating Storage and Offloading (“FSO”) unit at VAALCO’s Etame Marin field offshore Gabon for up to 11 years upon the expiration of the current Floating Production, Storage and Offloading (“FPSO”) contract with BW Offshore in September 2022. Key Highlights   - ...

HOUSTON - April 28, 2021 - VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") today announced that it has signed a non-binding letter of intent ("LOI") with Omni Offshore Terminals Pte Ltd ("Omni") to provide and operate a Floating Storage and Offloading ("FSO") unit at VAALCO's Etame Marin field offshore Gabon for up to 11 years upon the expiration of the current Floating Production, Storage and Offloading ("FPSO") contract with BW Offshore in September 2022.  •           Omni has provided VAALCO with a preliminary proposal for leasing and also operating a...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. VAALCO Announces Letter of Intent for FSO at Etame VAALCO Energy, Inc.April 27, 2021 GMT HOUSTON, April 27, 2021 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has signed a non-binding letter of intent (“LOI”) with Omni Offshore Terminals Pte Ltd (“Omni”) to provide and operate a Floating Storage and Offloading (“FSO”) unit at VAALCO’s Etame Marin field offshore Gabon for up to 11 years upon the expiration of th...