VAALCO Advances Côte d'Ivoire Offshore Exploration Ahead of 2028 Drilling

VAALCO Energy has secured government approval to advance exploration at its operated CI-705 block offshore Côte d'Ivoire, with plans to drill an exploration well by the end of 2028.

The approval follows the completion of the block's First Exploration Phase, which included the evaluation and interpretation of existing seismic and well data.

Under the Second Exploration Phase, the company is committed to carrying out further seismic reprocessing, relinquishing 25% of the exploration block and drilling an exploration well by the end of 2028.

VAALCO acquired a 70% working interest in CI-705 and became its operator through a farm-in agreement in March 2025.

This story was originally published by Offshore Engineer. Read the full story at Offshore Engineer →