29th Jul 2025 19:09
Tullow Oil PLC - oil and gas producer in West African countries of Ghana and Ivory Coast - Completes USD307 million sale of Gabon assets to Gabon Oil Co following satisfaction of all conditions under sale and purchase agreement inked back in May. Receives full proceeds from the transaction. Notes the asset sale marks its exit from Gabon licences after 21 years. Proceeds are earmarked to strengthen the balance sheet and to "materially" reduce net debt. Read More
