- Vaalco plans a new drilling campaign, aiming to reverse Gabon’s production decline
- Military government assures foreign investors of stable operating conditions
Libreville, Gabon – American oil firm Vaalco has announced a $200 million investment in Gabon with the objective of doubling its oil production in the central African nation. The company plans to launch a drilling campaign in 2025, targeting 5 to 10 new wells, according to Viannet Okouma, managing director of Vaalco Gabon.
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