Kenya’s Gulf Energy Plans Output From Tullow Fields End-2026

Gulf Energy Ltd., a Nairobi-based oil and gas trader that bought Tullow Oil Plc’s crude discoveries in Kenya, plans to start production next year, according to a top official.

Tullow agreed to sell the assets to the local firm in April for $120 million — after attempts over more than a decade to develop the finds — as it focuses on paying down debt. Kenya’s regulator required a field development plan from the buyer for the deal to proceed. Tullow received the first $40 million tranche in September.