PNG

Timor too hard for Timor Sea JV *UPDATED*

A JOINT venture led by Oilex has moved to relinquish a production sharing contract in the Timor Sea due to the ongoing uncertainty surrounding the Certain Maritime Arrangements in the Timor Sea treaty.

Oilex has written to the Timor-Leste authority seeking to terminate the PSC by mutual consent. It said in a statement late Friday that its concern was the outcome of an ongoing stoush between the Australian...

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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.

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