Tullow Pushes Ahead With Plan to Sell Oil Assets in Kenya, Latam
- Company recovering after business was hit by oil-price crash
- ‘We’re willing to dilute ourselves materially’ in Kenya: CEO
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Tullow Oil Plc is pushing ahead with plans to sell stakes in energy deposits in East Africa and Latin America.
“We have pretty significant positions in emerging basins in Guyana and Argentina and we’re looking at farm-down opportunities there,” Chief Executive Officer Rahul Dhir said in an interview in Dubai, where he attended a conference.