Announced

Completed

Gabon Oil Company completed the acquisition of Tullow Oil Gabon for $307m.

Synopsis

Gabon Oil Company, a national oil and gas exploration and production company, completed the acquisition of Tullow Oil Gabon, a Gabon subsidiary of multinational oil and gas exploration company, for $307m. "Today's news represents another key milestone that accelerates the deleveraging of Tullow. I am pleased with the momentum we have at Tullow, and I look forward to this continuing in the weeks and months ahead. Our immediate focus is on successfully completing the Kenya transaction in 2025 and the current Ghana drilling campaign with the first well, a Jubilee producer, now onstream," Richard Miller, Tullow CFO and Interim CEO.

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MergerLinks - Gabon Oil Company completed the acquisition of Tullow Oil Gabon for $307m.