Setting Timor-Leste's boundaries
While settling a maritime border dispute with Australia is a step forward in relations between the two countries, it won't resolve all the issues
One of the outstanding points of contention between Timor-Leste and Australia is how revenues from the Joint Petroleum Development Area (JPDA), shared by the two countries, will be divided in the future. The JPDA includes the Greater Sunrise field that, according to Australia's Woodside Energy, contains contingent resources of 5.13 trillion cubic feet of gas and 225.9m barrels of condensate. Located about 150km southeast of Timor-Leste and 450km northwest of Darwin, Sunrise is split between operator Woodside with 33.4%, ConocoPhillips (30%), Shell (26.56%) and Osaka Gas (10%). Unfortunately for Timor-Leste, nearly 80% of Sunrise lies in Australian waters, and one of the main issues in the ar
Also in this section
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
