Uganda agrees oil exploration deals with two firms - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Uganda’s cabinet has agreed for the energy ministry to sign production-sharing agreements for two oil exploration blocks with two oil firms, including a unit of Australia’s DGR Global.

Uganda’s cabinet has agreed for the energy ministry to sign production-sharing agreements for two oil exploration blocks with two oil firms, including a unit of Australia’s DGR Global, the government said on Thursday.

The 637-square kilometre exploration area is located in Uganda’s Albertine Rift basin near the border with Congo.

 

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