Cnooc Ltd.
(CEO) is exiting Kenya's oil
exploration market and turning its focus to Uganda after it failed to strike
commercially-viable oil or gas, the Business Daily newspaper reports Friday.
"Cnooc is leaving the Boghal [Isiolo] well before the end of the
year," the daily quotes Energy Permanent Secretary Patrick Nyoike as
saying.
Cnooc had six of Kenya's
22 exploration blocks, the report says.