Australia and OceaniaContracts and Tenders

Timor GAP takes 16 percent stake in Bayu-Undan JV

By LNG Prime Staff
Timor GAP takes 16 percent stake in Bayu-Undan JV
Image: Santos

Timor-Leste’s national oil company, Timor GAP, has executed a deal to purchase a 16 percent stake in the Santos-led Bayu-Undan joint venture. Australian LNG player Santos recently announced 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…

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