China's top offshore oil firm agreed to transfer a 30 percent stake in onshore Block 9 in Kenya to Taiwan's state-run CPC, Xinhua said, without providing more detail.
The agreements included a letter of intent for closer cooperation, a revised deal on joint exploration in the Tainan Basin of the Taiwan Strait and the Chaozhou Shantou Basin off China's Guangdong coast, and a joint study on the Wuqiuyu Basin off China's Fujian coast.
CNOOC's Chairman and chief executive Fu Chengyu and CPC's Chairman Wenent Pan, who was on a visit to Beijing, signed the agreements.
Taiwan and China have been political rivals since the end of a civil war in 1949. Beijing claims ownership of self-ruled democratic Taiwan, an island of 23 million people, and has threatened to take the island back, by force if necessary.
The two sides managed to set aside political differences in an effort to further develop energy resources, which are in short supply on both sides of the strait.
Ties have also warmed since Taiwanese president Ma Ying-jeou took office in May.
Author: Ksenia Kochneva
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China, Taiwan Sign Deals to Boost Oil Exploration
China National Offshore Oil Corp and CPC Corp from Taiwan signed four agreements on Friday to boost cooperation in exploration, including the transfer of equity in an oilfield in Kenya, the official Xinhua news agency said