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Originally published by Capital Newstop
September 25, 2026
1h ago
Gulf Energy receives drilling rig in Mombasa as Kenya targets first oil in Dec
Gulf Energy E&P BV SEZ said the drilling rig arrived at Kilindini Port on Friday aboard MV Transit Sedanka after sailing from Duqm Port in Oman...
✨ Key Highlights
Kenya's ambition to begin commercial crude oil production by December 2026 has advanced with the arrival of a drilling rig at the Port of Mombasa. The rig is destined for the South Lokichar oil fields in Turkana County.
- The arrival of the $20 million, 1,500 horsepower GW70 drilling rig marks a significant step towards the November 1, 2026 target for the first well.
- Gulf Energy E&P BV SEZ, the company spearheading the development, aims for an initial production of 20,000 barrels per day.
- The project, an estimated $6 billion investment, is expected to generate over $2.9 billion in revenue for Kenya over its lifetime.
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