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Timor-Leste Overview

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Timor-Leste concludes oil and gas licensing round
NEWS
Timor-Leste - April 25, 2022

Timor-Leste’s government has finalised its second-ever oil and gas licensing round, state hydrocarbons regulator National…

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Exploration contract signed in Timor-Leste
NEWS
Timor-Leste - December 10, 2021

Timor-Leste’s NOC Timor Gap has signed a PSC with the local regulatory authority, National Authority of Petroleum and…

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Australia, Timor-Leste agree on border
NEWS
Australia - February 26, 2018

Australia and Timor-Leste have agreed on a demarcation for their maritime border and on a flexible revenue-sharing scheme for the development of the Greater Sunrise…

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East Timor and ConocoPhillips settle dispute
NEWS
Timor-Leste - February 18, 2016

The Timor-Leste government has settled a major part of its longstanding tax dispute with US energy firm ConocoPhillips, the two said in a joint statement released on…

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Timor-Leste, consortium at odds over permit termination
NEWS
Australia - May 15, 2015

The authorities of Timore-Leste are demanding $17 million in payment from a consortium led by Australia’s Oilex over the termination of an offshore exploration permit…

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