Note 18 - Related Party Transactions |
12 Months Ended |
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Dec. 31, 2023 | |
| Notes to Financial Statements | |
| Related Party Transactions Disclosure [Text Block] |
18. RELATED PARTY TRANSACTIONS
VAALCO has entered into various agreements with related parties. The Company paid approximately $0.2 million to these related parties for each of the years ended December 31, 2023 and 2022, respectively. The amounts in both 2023 and 2022 were primarily for contract engineering services paid to an entity owned and controlled by a related party of an officer of the Company.
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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