Australia and OceaniaContracts and Tenders

Santos: Timor GAP buys stake in Bayu-Undan JV

By LNG Prime Staff
Santos Timor GAP buys stake in Bayu-Undan JV
Image: Santos

Timor-Leste’s national oil company Timor GAP has purchased a 16 percent stake in the Santos-led Bayu-Undan joint venture. Australian LNG player Santos said on Monday the JV and Timor GAP have agreed terms of a sale and purchase deed to transfer the interest in the Bayu-Undan upstream project to Timor GAP, with an economic date…

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