Parliament is set to approve a deal allowing Gulf Energy E&P B.V. to begin oil and gas extraction in Turkana County, marking a key step toward Kenya’s first commercial petroleum production. Energy and Petroleum Cabinet Secretary Opiyo Wandayi confirmed that his ministry has already approved the Field Development Plan (FDP) …
Read More »Tullow Divests Entire Kenya Operations to Gulf Energy in $120 Million Agreement
Tullow Oil plc has reached a preliminary agreement to offload its entire Kenyan assets to Gulf Energy Ltd for a minimum of $120 million. Click here to join our WhatsApp Channel The deal, carried out via Tullow’s subsidiary, Tullow Overseas Holdings BV, will transfer ownership of Tullow Kenya BV, which …
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The Lower Eastern Times Opening The Third Eye