Tullow faces Sh21bn tax demand in Kenya exit deal

Tullow Oil is contesting a Sh21.9 billion ($170 million) tax demand from the Kenya Revenue Authority (KRA), which it claims is unjustified. The KRA alleges that Tullow Kenya BV underpaid capital gains tax on the sale of its Turkana project for $120 million. Tullow plans to challenge this assessment jointly with Gulf Energy, which purchased the project in September 2025.