Tullow Oil Unit to Receive Additional $9 Million in Kenya Deal; Royalty, Back-in Rights Terminated

02:55 PM EDT, 07/13/2026 (MT Newswires) -- Tullow Oil's (TLW.L) Tullow Overseas Holdings secured an additional $9 million for the sale of Tullow Kenya to Gulf Energy Ltd affiliate Auron Energy E&P. As part of the deal, the London-listed oil company said Monday it will also give up its rights to Kenyan royalty payments and back-in rights with Gulf Energy. The sale and purchase agreement for Tullow Kenya was signed in July 2025 and included three payment tranches.