September 6, 2018 / 10:10 AM / a month ago

Uganda's national oil firm, China's CNOOC sign exploration deal

KAMPALA (Reuters) - Uganda said on Thursday its national oil firm and Chinese offshore oil and gas company CNOOC Ltd have signed an agreement to jointly conduct exploration in a new block in the East African country.

The logo of China National Offshore Oil Corp (CNOOC) is pictured at its headquarters in Beijing, China April 4, 2018. REUTERS/Stringer

The deal was signed in Beijing on the margins of the ongoing China-Africa forum on cooperation, which is being attended by Uganda’s President Yoweri Museveni.

Reporting by Elias Biryabarema; Writing by Aaron Maasho; Editing by Ingrid Melander

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