#Latest news with #oilassetsBloomberg5 days agoBusinessBloombergKenya Says Tullow's Asset Sale ‘Raises Concerns' for Oil SectorKenya lawmakers said a lack of detail over Tullow Oil Plc 's sale of oil assets to local company Gulf Energy 'raises concerns' for the industry in the East African nation. Tullow ended a decade-long quest to develop discoveries in April, when it sold the inland fields for $120 million to Gulf Energy, a Nairobi-based oil and gas trader. Tullow has announced divestments in recent months toward reducing its debt below $1 billion this year.
Bloomberg5 days agoBusinessBloombergKenya Says Tullow's Asset Sale ‘Raises Concerns' for Oil SectorKenya lawmakers said a lack of detail over Tullow Oil Plc 's sale of oil assets to local company Gulf Energy 'raises concerns' for the industry in the East African nation. Tullow ended a decade-long quest to develop discoveries in April, when it sold the inland fields for $120 million to Gulf Energy, a Nairobi-based oil and gas trader. Tullow has announced divestments in recent months toward reducing its debt below $1 billion this year.
5 days ago
