Vaalco Energy announces milestone in Dry Dock Refurbishment Project

Vaalco Energy (EGY) announced a milestone in its Cote d’Ivoire Floating Production Storage and Offloading vessel Dry Dock Refurbishment Project. In alignment with the project timeline, the FPSO Baobab Ivoirien MV10, operated by Canadian Natural Resources International, ceased hydrocarbon production as scheduled on January 31. The final lifting of crude oil from the vessel is set to take place on or around February 6. The project team has commenced mobilization efforts, deploying the necessary workforce support vessels and equipment to facilitate the safe disconnection of the FPSO. The vessel is planned to be wet towed to the shipyards in Dubai for refurbishment upon departure from the field on March 24, 2025.