Côte d'Ivoire

About Côte d'Ivoire Operations

On April 30, 2024, after receiving regulatory and government approvals, Vaalco completed the acquisition of Svenska. Through the acquisition Vaalco acquired a 27.4% non-operated working interest in Block CI-40, offshore Côte d’Ivoire, containing the deepwater producing Baobab field and the significant Kossipo discovery. On March 3, 2025, Vaalco farmed-in to CI-705 block, as operator with a 70% working interest. On February 24, 2026, Vaalco announced being confirmed as Operator of the Kossipo field on the CI-40 Block with a 60% working interest.

Operational Highlight

Cote d’Ivoire strategically expands Vaalco's West African focus area with a sizable producing asset that has significant upside potential and future development opportunities in Cote d’Ivoire, a well-established and investment-friendly country.

Where We Operate

Map of Côte d'Ivoire operations that highlights various developments including Vaalco’s operated CI-705 Block and the non-operated CI-40 Block. Map call out box focuses in on the CI-40 Block including the FPSO, Baobab and Kossipo while showing surrounding gas fields, pipelines, injection line, wells, manifold’s, and platforms.

Details of Our Operations

Off-Shore Location

(27.4%) Baobab field in Block CI-40

Non-Operated Working Interest in the Deepwater Producing

(60%) Kossipo Field in Block CI-40

Operated Working Interest in the Deepwater

Production*

2,891

BOEPD (WI)

Reserves and Resources**

18.2

MMBOE YE 2025 Proved Reserves

23.5

MMBOE 2P Working Interest***

45.5

MMBOE Contingent Resource 2C***

61.5

MMBbls WI Contingent Resource 2C**

2025 Full Year Actuals

Year-end 2025

Such amounts may differ from the SEC definitions. Please read disclaimer tab on this site.
BOEPD (WI) - Barrels Of Oil Equivalent Per Day produced by a company's Working Interest
MMBOE - Million Barrels Of Oil Equivalent

Looking Forward to Advancing Operations

Baobab CI-40 Field

The Baobab FPSO was reconnected to field infrastructure and production restarted in June 2026. Phase Five drilling is expected to commence in late September 2026 to support future production growth. The Kossipo Field Development Plan is now expected in the first half of 2027.

CI-705 Block

Vaalco will operate the block with a 70% working interest and a 100% paying interest as we carry our partners at commercial terms through the seismic reprocessing and interpretation stages and potentially drilling up to two exploration wells. Our initial assessment is that there are both oil and natural gas prospects on the block and we plan to conduct a detailed, integrated geological analysis to assess and mature our understanding of the block’s overall prospectivity.

Our Contractors, Suppliers, and Vendors

We are committed to fostering strong partnerships with contractors, suppliers, and vendors who share our dedication to excellence and innovation. Whether you provide services, materials or expertise, or if you have questions, we encourage you to get in touch.

View Our Contractors, Suppliers and Vendors

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