Vaalco Energy Strengthens Presence in Ivory Coast with Svenska Petroleum Acquisition

Thursday, 29 February 2024, 12:51

Vaalco Energy makes a significant move by acquiring Svenska Petroleum for $66.5M to expand its operations in Ivory Coast. This strategic deal enhances Vaalco's West African portfolio and consolidates its position in the region, showcasing a strong commitment to growth and market expansion.
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Vaalco Energy Strengthens Presence in Ivory Coast with Svenska Petroleum Acquisition

Vaalco Energy Expands in Ivory Coast

Vaalco Energy has acquired Svenska Petroleum Exploration for $66.5M, enhancing its presence in West Africa.

Strategic Market Expansion

  • Deal Value: $66.5M
  • Geographical Focus: Ivory Coast
  • Impact: Significant

This acquisition solidifies Vaalco's commitment to growth and strengthens its foothold in the region.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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