AGP Executive Report
Last update: 12 hours agoOil & Gas Investment: Timor-Leste’s petroleum authority has approved the Environmental Impact Statement for Finder Energy’s Kuda Tasi and Jahal (KTJ) offshore oilfields, clearing a key regulatory step as the project moves toward final investment decision, with the EIS covering development through decommissioning. Offshore Survey Push: Fugro won additional geotechnical and metocean survey contracts supporting Greater Sunrise TLNG and the Bayu-Undan pipeline route, with fieldwork planned to start in early 2027 and remote operations based in Kuala Lumpur. Payments & Trade Facilitation: Bank Indonesia and Timor-Leste’s central bank signed an MoU to explore cross-border QRIS payments, aiming to deepen payment cooperation and improve connectivity for travelers and businesses. Diplomacy & Regional Business Links: Vietnam appointed its first resident ambassador to Timor-Leste, signaling deeper bilateral cooperation and support for Timor-Leste’s ASEAN integration. Energy & Industry Context: A separate report highlights how deepwater survey work is increasingly being run from shore, pointing to a remote-operations model relevant to Timor-Leste’s offshore projects.
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