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Gunvor Financed Gabon's $300 Million Deal For Tullow Oil Assets

Gunvor Financed Gabon's $300 Million Deal For Tullow Oil Assets

Bloomberg13-05-2025
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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