Woodside Moving on Developing Greater Sunrise Natural Gas Project in Timor Sea

Australia’s Woodside Energy Group is moving quickly to choose the best option for developing the Greater Sunrise natural gas field near East Timor. Last year East Timor’s president warned a continued impasse could open the door to investment from China. The project is a joint venture between East Timor’s state-owned energy company with 56.56% of the project, operator Woodside (WDS) holds 33.44% and Osaka Gas (OSGSF) owns 10%. It has been stalled for decades. China has been active in trying … Continue reading “Woodside Moving on Developing Greater Sunrise Natural Gas Project in Timor Sea”