Media Release Santos : Bayu-Undan infill development FID Santos, as operator of the Bayu-Undan Joint Venture, today announced a Final Investment Decision for the US$235 million Phase 3C infill drilling program at the Bayu-Undan field in the Timor Sea, offshore Timor-Leste. The program comprises three production wells (two platform and one subsea) and will develop […]

Media Release Timorese Graduates Complete Oil & Gas Internship Program  Santos is pleased to join with the Government of Timor-Leste to celebrate the completion of seven timorese young professionals from 2019/2020 Graduates Internship program. The program is a partnership between Santos and the Government of Timor-Leste offering the opportunity to gain valuable technical and on-the […]

Media Release On 7 August 2020, the Autoridade Nacional do Petróleo e Minerais (ANPM) and the joint venture for Production Sharing Contract JPDA 06-103 (PSC) agreed to settle all claims and counterclaims in the arbitration proceedings commenced by the ANPM on 8 October 2018 under the PSC.  The parties have agreed to settle the arbitration […]

Media Release The Autoridade Nacional do Petroleo e Minerais (ANPM) is launching its first Electronic Licensing System or better known as E-licensing on the Trading Activity (Import and Export) of Petroleum Products. The E-licensing is designed to have an effective and efficient  process of obtaining Trading licenses including the Authorization for Trading, where the applications […]

Media Release After the successful first ever Timor-Leste Oil and Gas Summit in October 2019, ANPM  in collaboration IN-VR continue to promote the Onshore and Offshore blocks on offer which was released in October 03,2019. As part of the second licensing round promotion efforts, during the last quarter of the 2019 and the first quarter […]