VAALCO Energy obtains approval for 25-year Venus-Block P development in Equatorial Guinea.
VAALCO Energy has finalized agreements and obtained government approval for the Venus-Block P Plan of Development in Equatorial Guinea, allowing for a 25-year development and production period. CEO George Maxwell is excited to proceed with a FEED study, which could lead to an economic FID and the development of the Venus POD. This project will enhance VAALCO's portfolio with a strong producing asset.
March 25, 2024
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