Gulf Energy Secures $15M Rig to Fast‑Track South Lokichar Oil

Gulf Energy E&P BV has contracted a state‑of‑the‑art onshore oil rig from the Middle East, to deliver first oil from Kenya’s South Lokichar Basin by year‑end 2026. Strategic Rig Acquisition The company has secured the GW70 rig, valued at more than US$15 million, from Great Wall Drilling Company (GWDC) in the United Arab Emirates under … Continue reading Gulf Energy Secures $15M Rig to Fast‑Track South Lokichar Oil