Dentons Advised Gulf Energy On Acquisition Of Tullow Kenya B.V.

Dentons advised Gulf Energy on acquisition of Tullow Kenya B.V.

The leading global law firm Dentons advised Kenya-based and owned Gulf Energy on the purchase by its subsidiary, Auron Energy E&P Limited, of shares in Tullow Kenya B.V. from Tullow Overseas Holdings B.V., a subsidiary of Tullow Oil plc. The closing of the transaction remains subject to customary regulatory approvals.

Tullow Kenya owns a 100% undivided interest in production sharing contracts for oil and gas exploration Blocks 10BA, 10BB, and 13T located in Kenya’s South Lokichar Basin, representing approximately 463 million barrels of 2C resources. Gulf Energy plans to develop these assets towards production and export, marking a significant milestone in Kenya’s domestic oil and gas sector.

The Dentons team advising on the transaction comprised a multi-jurisdictional team from Kenya, the UK, and the Netherlands. The transaction team was led by Andrew Mugambi (Partner, Nairobi) and Humphrey Douglas (Partner, London) with support from Tim Mosk (Counsel, Amsterdam), Torquil Law (Partner, London), Seraphine Ndala (Senior Associate, Nairobi), Arnold Ombasa (Associate, Nairobi), Lorna McCaa (Partner, Tax, Glasgow), Jamie MacGregor (Senior Associate, Glasgow), John Finnick (Consultant, Edinburgh), Alexander Hewitt (Senior Practice Development Lawyer, London) and Daniek Kradolfer (Associate, Amsterdam).

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.