Gunvor Financed Gabon's $300 Million Deal For Tullow Oil Assets
Commodity trader Gunvor Group has made another significant oil deal in Gabon, its second since the country sought more control of national assets following a coup d'etat in 2023.
State-owned Gabon Oil Company financed $220 million of a $300 million deal for Tullow Oil Plc 's assets in the country through an underwritten prepayment facility from Gunvor's Middle East subsidiary, Tullow said in a filing Tuesday.
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