×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Gulf Energy's affiliate inches closer to oil project takeover

Vocalize Pre-Player Loader

Audio By Vocalize

Gulf Energy, through its affiliate Auron Energy, has signed a sale and purchase agreement with Tullow Oil that will see it acquire 100 per cent of Tullow's interest in Kenya for a minimum cash consideration of $120 million (Sh15.5 billion).

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
Activist files petition to block fuel price hike, seeks conservatory orders
By Ali Abdi 5 hrs ago
Business
Government launches construction of 114 solar mini grids in 14 counties
Business
Kenya's cybersecurity skills gap persists despite training efforts
Business
Ruto's budget limbo deepens as IMF digs in on bailout conditions