Kenya’s long-stalled Turkana oil dream has a new driver. Gulf Energy Ltd., a Nairobi-based trader, plans to start producing crude from the South Lokichar Basin by the end of 2026—nearly fifteen years after Tullow Oil’s original discovery. Tullow sold its long-delayed Turkana project to Gulf Energy in April for $120 million, finally bowing out after years of trying — and failing — to get the oil out of the ground. Tullow's partners, TotalEnergies and Africa Oil, had already walked away the year before when financing…
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