OREANDA-NEWS. April 28, 2011. The China National Offshore Oil Corporation, a Chinese oil company and Norway are to invest in training Ugandans to develop management and engineering skills for the country’s oil resource.

The director general China Enterprise Confederation, Mr Hu Xin Xin, said CNOOC would invest in developing local skills because it has a long plan for Uganda’s oil.

“CNOOC will put emphasis on training local people to manage their oil resource and create jobs for them,” Mr Hu said. The director Confederation of Norwegian Enterprise, Ms ToriNettelhorst Tveit, also said her country would help Uganda build institutional capacity to manage the oil resource and its revenue.

This was during a meeting to sign the second phase of a Trilateral Cooperation Agreement among three employer organisations including the Federation of Uganda Employers (FUE), China Enterprise Confederation (CEC) and the Confederation of Norwegian Enterprise in Kampala.

Planning minister, Prof Ephraim Kamuntu said with Norway as partner, Uganda will make use of its huge expertise in managing oil resources to avoid the oil curse.