NEW DELHI--December 1, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--<a href='https://www.vaalco.com/ ' target='_blank'>Vaalco Energy</a> (<a href='https://www.nyse.com/quote/XNYS:EGY ' target='_blank'>NYSE:EGY</a>) (Houston, Texas) is negotiating final government approvals for the Venus field development located in Offshore Block P of Equatorial Guinea. Block P comprises the Venus production and development area, where a development plan is proposed for a floating production, storage and offloading (FPSO) vessel. Vaalco is forecasting first oil production from the FPSO in 2026.
