MARKETS

East Timor takes Shell's share of Sunrise 

EAST Timor is set to become the majority owner of the Greater Sunrise gas field after taking Shell's 26.56% stake for US$300 million. following on from an earlier buy-out of ConocoPhillips' 30% stake for $350 in early October.  

East Timor takes Shell's share of Sunrise 

Only Woodside Petroleum (33.4%) and Osaka Gas (10%) are left, with the Timorese government potentially in a strong position to push for its development concept which would see gas sent onshore to a processing...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry