JUST IN: Tullow Sells Entire Kenya Stake to Gulf Energy in $120M Deal
The deal includes $80 million in near-term cash payments: $40 million upon completion and another $40 million by June 2026 or upon Field Development Plan (FDP) approval, whichever comes first. An additional $40 million will be paid in quarterly instalments from 2028 through 2033, subject to oil price conditions Read More