{"id":14679,"date":"2025-02-04T09:53:53","date_gmt":"2025-02-04T09:53:53","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14679"},"modified":"2025-02-04T09:53:58","modified_gmt":"2025-02-04T09:53:58","slug":"cote-divoire-vaalco-energy-announces-significant-milestone-in-its-fpso-dry-dock-refurbishment-project","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/cote-divoire-vaalco-energy-announces-significant-milestone-in-its-fpso-dry-dock-refurbishment-project\/","title":{"rendered":"COTE D\u2019IVOIRE: VAALCO Energy Announces Significant Milestone in Its  FPSO Dry Dock Refurbishment Project"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">VAALCO Energy has announced a significant milestone in its C\u00f4te d\u2019Ivoire Floating Production Storage and Offloading vessel (FPSO) Dry Dock Refurbishment Project.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In alignment with the project timeline, the FPSO\u00a0<em>Baobab Ivoirien MV10<\/em>, operated by Canadian Natural Resources International (CNRI), ceased hydrocarbon production as scheduled on January 31, 2025. The final lifting of crude oil from the vessel is set to take place on or around February 6, 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are pleased with the progress of this critical project and remain committed to ensuring a smooth and efficient transition for the FPSO disconnection and refurbishment which we expect, when complete, will allow production to continue until at least 2038, subject to the final regulatory approvals on the license extension and further investment,\u201d said George Maxwell, Vaalco\u2019s Chief Executive Officer. \u201cThis milestone represents another step forward in delivering on our strategic objectives while maintaining the highest standards of safety and operational excellence. We have already been paid back 1.8x<sup>1<\/sup>&nbsp;our initial net investment in C\u00f4te d\u2019Ivoire in the eight months since closing and the performance of the asset has tracked well ahead of our expectations at the time of the acquisition.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VAALCO Energy has announced a significant milestone in its C\u00f4te d\u2019Ivoire Floating Production Storage and Offloading vessel (FPSO) Dry Dock Refurbishment Project. In alignment with the project timeline, the FPSO\u00a0Baobab &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/cote-divoire-vaalco-energy-announces-significant-milestone-in-its-fpso-dry-dock-refurbishment-project\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":14680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[11764,7744,10645,918,11763,8731],"class_list":["post-14679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-canadian-natural-resources-international","tag-cnri","tag-cote-divoire-2","tag-fpso","tag-pso-baobab-ivoirien-mv10","tag-vaalco-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/02\/FPSO-Baobab-Ivoirien-MV10.jpg?fit=800%2C500&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3OL","jetpack-related-posts":[{"id":15710,"url":"https:\/\/www.oilnewskenya.com\/index.php\/gabon-vaalco-energy-announces-encouraging-initial-well-results-on-the-etame-14h-well\/","url_meta":{"origin":14679,"position":0},"title":"GABON: Vaalco Energy Announces Encouraging Initial Well Results on the Etame 14H well","author":"Samuel Kamau Mbote","date":"April 21, 2026","format":false,"excerpt":"VAALCO Energy has announced positive operational updates in Gabon regarding the ongoing drilling program, including encouraging initial well results on the Etame 14H well and mobilized the rig to the Ebouri platform. Additionally, the Company provided updates on the timing of bringing the Baobab field in CI-40 block, offshore C\u00f4te\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/03\/VAALCO.png?fit=1200%2C735&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/03\/VAALCO.png?fit=1200%2C735&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/03\/VAALCO.png?fit=1200%2C735&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/03\/VAALCO.png?fit=1200%2C735&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/03\/VAALCO.png?fit=1200%2C735&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":14738,"url":"https:\/\/www.oilnewskenya.com\/index.php\/vaalco-energy-enters-into-new-300-million-revolving-credit-facility\/","url_meta":{"origin":14679,"position":1},"title":"VAALCO Energy Enters Into New $300 Million Revolving Credit Facility","author":"","date":"March 6, 2025","format":false,"excerpt":"VAALCO Energy has announced that it has entered into a new revolving credit facility with an initial commitment of $190 million and the ability to grow to $300 million, led by The Standard Bank of South Africa Limited, Isle of Man Branch with other participating banks and financial partners. This\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/03\/VAALCO.png?fit=1200%2C735&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/03\/VAALCO.png?fit=1200%2C735&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/03\/VAALCO.png?fit=1200%2C735&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/03\/VAALCO.png?fit=1200%2C735&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/03\/VAALCO.png?fit=1200%2C735&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13809,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ivory-coast-petrofac-secures-integrated-services-contract-for-fpso-with-cnr-international\/","url_meta":{"origin":14679,"position":2},"title":"IVORY COAST: Petrofac Secures Integrated Services Contract for FPSO with CNR International","author":"","date":"July 17, 2023","format":false,"excerpt":"Petrofac has been awarded a facilities management contract by CNR International (CNRI) offshore the Ivory Coast, West Africa. The initial three-year, multi-million pound, contract will see Petrofac\u2019s Asset Solutions business providing integrated services for the Espoir Ivoirien Floating Production Storage and Offloading (FPSO) vessel. Around 110 personnel currently supporting the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/Petrofac.jpg?fit=1050%2C700&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/Petrofac.jpg?fit=1050%2C700&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/Petrofac.jpg?fit=1050%2C700&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/Petrofac.jpg?fit=1050%2C700&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/Petrofac.jpg?fit=1050%2C700&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":11941,"url":"https:\/\/www.oilnewskenya.com\/index.php\/gabon-vaalco-energy-provides-update-on-etame-field-reconfiguration-and-fso-deployment\/","url_meta":{"origin":14679,"position":3},"title":"GABON: VAALCO Energy Provides Update on Etame Field Reconfiguration and FSO Deployment","author":"","date":"March 1, 2022","format":false,"excerpt":"VAALCO Energy has provided an update on the Etame field reconfiguration in conjunction with the replacement of the existing Floating Production, Storage and Offloading unit (FPSO) with a Floating Storage and Offloading vessel (FSO) offshore Gabon. VAALCO anticipates that all of the associated engineering, long-lead equipment and significant contracts are\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/GABON-ETAME.jpg?fit=376%2C485&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":13559,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cote-divoire-eni-celebrates-sail-away-of-fpso-firenze-to-baleine-field\/","url_meta":{"origin":14679,"position":4},"title":"COTE d&#8217;IVOIRE: Eni celebrates sail away of FPSO Firenze to Baleine field","author":"","date":"April 12, 2023","format":false,"excerpt":"The FPSO Firenze will allow production start-up of the Baleine field, which is the largest hydrocarbon discovery in C\u00f4te d'Ivoire. Eni, in partnership with\u00a0PetroCi, celebrated the sail away of the\u00a0FPSO Firenze to the Baleine field offshore C\u00f4te d'Ivoire\u00a0in Dubai. The event was attended by Mamadou Sangafowa-Coulibaly, Minister of Mines, Petroleum\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/FPSO-FIRENZE.jpg?fit=768%2C523&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/FPSO-FIRENZE.jpg?fit=768%2C523&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/FPSO-FIRENZE.jpg?fit=768%2C523&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/FPSO-FIRENZE.jpg?fit=768%2C523&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14224,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cote-divoire-dof-group-award-baleine-project-contract\/","url_meta":{"origin":14679,"position":5},"title":"COTE d&#8217;IVOIRE: DOF Group Award Baleine Project Contract","author":"","date":"February 13, 2024","format":false,"excerpt":"DOF has been awarded a contract by Altera Infrastructure to install one FPSO (Floating Production, Storage and Offloading unit) and one FSO (Floating Storage unit) for the phase 2 development of the Baleine field in Cote d'Ivoire, West Africa, operated by Eni with Petroci Holding as partner. The project includes\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/02\/Skandi-Skassen.jpg?fit=557%2C346&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/02\/Skandi-Skassen.jpg?fit=557%2C346&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/02\/Skandi-Skassen.jpg?fit=557%2C346&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=14679"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14679\/revisions"}],"predecessor-version":[{"id":14681,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14679\/revisions\/14681"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/14680"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=14679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}