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Kenya’s Gulf Energy Secures $15M Rig as Lokichar Nears First Oil...
06 Mar, 2026 11:25 222 min read
Gulf Energy has purchased a $15 million onshore drilling rig for the South Lokichar Basin in Kenya, targeting first oil by December 2026. The project, with 560 million barrels in recoverable reserves, aims for phased production of 20,000 bpd, boosting the economy, infrastructure, and regional oil connectivity.... More