Politics

CNOOC stays silent on Tullow's Uganda exit

As Tullow agrees $575 million deal to sell stakes to Total, the pair now wait to see if partner CNOOC exercises pre-emption right

Exit: Tullow is set to quit Uganda nearly a decade and a half after discovering oil in the Lake Albert area
Exit: Tullow is set to quit Uganda nearly a decade and a half after discovering oil in the Lake Albert areaPhoto: REUTERS/SCANPIX
London/Paris
China National Offshore Oil CorpTullowUgandaTullow OilLake Albert
Published 29 April 2020, 10:12Updated 1 May 2020, 07:01