AGP Executive Report
Last update: an hour agoOffshore Energy Deal: Timor-Leste’s state oil firm Timor GAP has signed a binding agreement to buy Osaka Gas’ 10% stake in the Greater Sunrise joint venture, lifting Timor GAP’s ownership to 66.56% and setting up faster work toward the Timor LNG concept. Oil & Gas Project Readiness: The Greater Sunrise fields (Sunrise and Troubadour) sit between Timor-Leste and Australia; Woodside Energy retains 33.44% as the JV moves toward a final investment decision. Maritime/Regional Business Link: Australian Finder Energy has narrowed the Petrojarl I FPSO refit tender for the Kuda Tasi and Jahal project to two finalists—Cosco Shipping Heavy Industry and PaxOcean—valued at about US$12–15m for yard work. Local Governance & Skills: Northern Territory Chief Minister Lia Finocchiaro is set to visit Timor-Leste for talks with Xanana Gusmao and President José Ramos-Horta, focusing on workforce development, education, and economic opportunities under the 2023–27 strategic partnership. Health & Regional Cooperation: Timor-Leste’s health minister urged stronger South-East Asia cooperation at the WHO regional committee in Dili, citing climate risks, dengue, ageing, chronic disease burdens, and health workforce gaps.
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