Shell and Conoco complete Greater Sunrise sale 

SHELL and ConocoPhillips have both announced the completion of the sale of their shares of the Greater Sunrise gas field to Timor-Leste for a combined US$650 million.  Shell said late yesterday the sale of its 26.5% share to three wholly-owned nominees of Timor Gap, the national oil company for $300 million had completed. 

Shell and Conoco complete Greater Sunrise sale  Shell and Conoco complete Greater Sunrise sale  Shell and Conoco complete Greater Sunrise sale  Shell and Conoco complete Greater Sunrise sale  Shell and Conoco complete Greater Sunrise sale 

Timor-Leste representatives speaking to AOG in March

"We understand the importance of this resource to the Timor-Leste nation and respect the Government's determination to pursue an alternative path to development through an onshore facility," Shell