Timorese Prime Minister Xanana Gusmao (right) and UN Secretary-General Antonio Guterres
Greater Sunrise brightens Timor-Leste's outlook
But the young nation may have to go through a fallow period before that project comes online as the Bayu-Undan field nears exhaustion
As Timor-Leste approaches the 25th anniversary of its independence referendum, the young nation’s upstream prospects have improved. The long-awaited Greater Sunrise development finally appears to be making progress, while independents are also exploring in and around the island. The Greater Sunrise joint venture (JV)—comprising Australian LNG giant Woodside (operator, 33.44%), Japan’s Osaka Gas (10%) and state-owned Timor GAP (56.56%)—recently appointed engineering consultancy Wood to undertake the project’s concept study. The results are due “no later than the fourth quarter of this year”, according to a joint communique from the JV and the governments of Timor-Leste and Australia. Wood wil
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
