Uganda’s cabinet has agreed for the energy ministry to sign production-sharing agreements (PSA) for two oil exploration blocks with two oil firms, including a unit of Australia’s DGR Global, the government said on Thursday, according to Reuters.
DGR Energy Turaco Uganda, owned by Australia’s DGR Global, was awarded the Turaco exploration area, while Uganda’s state-owned Uganda National Oil Company (UNOC) was awarded the Kasuruban exploration area.
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Source: Reuters
