September 6, 2018 / 10:10 AM / in 7 months

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

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

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 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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