VAALCO Energy (NYSE:EGY) has restarted production at the Baobab field offshore Côte d’Ivoire after completing the FPSO refurbishment – The vessel returned in early Q2 2026 following a nine-month upgrade and has been successfully reconnected to field infrastructure – Production…
currently running from four wells, with additional wells expected to come online soon and performance meeting expectations – A Phase 5 drilling program planned for the second half of 2026 could deliver meaningful production growth through new wells and workovers VAALCO Energy (NYSE:EGY) announced that production has resumed at the Baobab field on the CI-40 block offshore Côte d’Ivoire, marking the completion of a major refurbishment program for the Baobab Ivoirien floating production storage and offloading (FPSO) vessel. The restart represents a key milestone for the company’s West African operations and positions the asset for future development activity
The FPSO had ceased hydrocarbon operations in January 2025 as part of a planned upgrade initiative. The vessel subsequently underwent a nine-month refurbishment program in Dubai, aimed at extending its operational lifespan and enhancing reliability. Following the work program, the FPSO returned to Côte d’Ivoire in early second quarter 2026, where it was successfully moored and reconnected to existing field infrastructure.
This article is a journalistic opinion piece that has been written based on independent research. It is intended to inform investors and should not be taken as a recommendation or financial advice. Production has now resumed from four wells at the Baobab field.