Finance News Oil & Gas

Tullow to sell Kenya oil assets for at least $120m

Tullow Oil plc has agreed to sell its entire working interests in four blocks in the South Lokichar Basin, Kenya for a “minimum” of $120 million cash. VALUE The heads of terms agreement follows the company’s attempts in 2023 to secure a farm-out after its then partners exited the project. Buyer Gulf Energy Ltd will […]