Tullow Sells Kenyan Business to Gulf Energy
Rigzone
JULY 22, 2025
“The consideration will be split into a $40 million payment due on completion, $40 million payable at the earlier of field development plan approval or 30 June 2026, and $40 million payable over five years from the third quarter of 2028 onwards”, Tullow said. The sale is expected to be completed this year.
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