Kenya: Gulf Energy Acquires Over Sh2bn Oil Rig for Lokichar Project

[AllAfrica - Africa] - 20/02/2026

[Capital FM] Nairobi -- Gulf Energy E&P BV has acquired an onshore oil drilling rig valued at over Sh2 billion ($15 million) for the Lokichar oil project, as it targets first oil production before the end of this year.

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