
Tullow agrees heads of terms for sale of Kenyan assets for $120 million
$80 million near-term cash receipts Option to back-in for 30% of potential future development phases at no cost Transaction with Gulf Energy, a leading Kenyan energy and infrastructure group Press Release – 15 April 2025 – Tullow Oil plc (Tullow) is pleased to announce that its wholly-owned subsidiary, Tullow Overseas Holdings BV, has signed a heads of terms agreement with Gulf Energy Ltd (the “Buyer”) to sell … Continue reading Tullow agrees heads of terms for sale of Kenyan assets for $120 million