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Originally published by The Standard Business
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February 26, 2026
4h ago

Sh22b tax claim at the centre of Tullow's Turkana oil sale deal

Sh22b tax claim at the centre of Tullow's Turkana oil sale deal

The larger-than-asset-value tax claims complicates Gulf Energy takeover, raising uncertainty over the deal’s completion as the company claims the assessment lacks merit...

✨ Key Highlights

The sale of Tullow Oil's stake in Kenya's Turkana oil fields is reportedly being held up by a Sh22 billion tax claim. This significant tax dispute is at the heart of the complex deal.

  • Amount of tax claim: Sh22 billion
  • Main parties involved: Tullow Oil and the Kenyan government
  • Location of assets: Turkana County, Kenya

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