VAALCO Energy has reported final financial and operating results for the fourth quarter and full year of 2022
VAALCO reveals detailed updates of 2022
Exploration
BW's drilling kick-starts Phase 1 of Hibiscus/Ruche development, Gabon
Oslo-listed E&P company BW Energy drilled the first of several wells that will constitute Phase 1 of its Hibiscus/Ruche development at its offshore Dussafu asset in Gabon
Ghana bent on doubling crude oil production
According to a statement made by the African Energy Chamber, one of Africa’s rapidly evolving oil and gas markets, Ghana,is seeking to double its crude oil production by the end of 2023
Algeria, among OPEC+ countries, to cut production by 1.15 mn bpd
Some OPEC+ countries have surprised markets with a voluntary cut of 1.15 mn barrels per day (bpd) causing oil prices to rise and feeding inflationary fears
BW Energy completes drilling offshore Gabon
BW Energy has completed the drilling and completion operations on DHIBM-3H, the first production well of the Hibiscus / Ruche Phase 1 development campaign in the Dussafu licence offshore Gabon
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