Tullow Oil has reached an agreement to divest its Kenyan subsidiary, Tullow Kenya, to Gulf Energy for a minimum consideration ...

Tullow Oil is currently engaged in refinancing discussions and plans to sell its assets in Gabon and Kenya later this year. These sales are expected to bring in upfront cash receipts of $340 million, ...

London-listed Tullow Oil has struck a $120 million deal to sell its oil assets onshore Kenya to Nairobi-based oil trader Gulf Energy, although it can again become involved if a development ever moves ...

(Alliance News) - Tullow Oil PLC on Tuesday said it has sold all its interests in Kenya to local firm Gulf Energy Ltd for USD120 million plus potential royalties. The sale of the assets in East ...

Tullow discovered commercially viable oil in South Lokichar, Turkana County in 2012, but has not been able to start commercial production. Tullow’s operations in Kenya have been beset by a ...

April 15 (Reuters) - West Africa-focused oil and gas explorer Tullow Oil (TLW.L), opens new tab said on Tuesday it would sell its assets in Kenya to Gulf Energy Ltd for at least $120 million as it ...

(Bloomberg) -- Tullow Oil Plc will pump as much as it can from ... a target of under $1 billion and refinance its capital structure,” James Hosie, an equity analyst at Shore Capital, said ...

Tullow Oil Plc’s says its Ghana drilling programme with Noble Venturer will commence in May 2025, with two Jubilee wells (one producer and one water injector). The production is also expected to ...

Tullow Oil’s net profit last year came in at a about a fifth of analysts’ expectations, driven by the Irish-founded explorer writing off $213 million (€197 million) of exploration costs ...

Shares in London-listed Tullow Oil climbed to their highest in almost two weeks on Tuesday after the company announced plans to sell its Gabon assets and reported a return to profit. The company ...

Tullow Oil Plc will pump as much as it can from mature assets in West Africa this year as part of plans to bring debt below $1 billion. The company has been chipping away at borrowings accumulated ...