Home / Business and Economy / VAALCO Energy Revamps Portfolio, Boosts Ivory Coast Stake
VAALCO Energy Revamps Portfolio, Boosts Ivory Coast Stake
14 Aug
Summary
- VAALCO divested all Canadian assets in early 2026.
- Increased stake in Cote d'Ivoire, becoming operator.
- Secured 60% interest in the Kossipo field discoveries.
VAALCO Energy has undertaken significant portfolio adjustments during the first half of 2026. The company announced the divestment of all its Canadian assets as part of a strategic realignment. Concurrently, VAALCO has bolstered its operational footprint in Cote d'Ivoire.
This expansion includes becoming the operator for the Kossipo field on the CI40 block. VAALCO now holds a 60% working interest in this field, which has already seen two discoveries. The Kossipo field is strategically situated just 8 kilometers from the Baobab facility, indicating potential operational synergies.
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