Exploration & Production

Oil companies talk Greater Sunrise options

The settlement of East Timor and Australia's border dispute means the parties can move on to discuss development options for Greater Sunrise, but hurdles remain The settlement of East Timor and Australia's border dispute means the parties can move on to discuss development options for Greater Sunrise, but hurdles remain.
By Damon Evans 17 October 2017 0 27998
The Darwin LNG export plant in Australia Sunrise’s reserves could be used to backfill Darwin LNG. (ConocoPhillips)

The Woodside Petroleum-led Greater Sunrise joint venture has started discussing potential development options with East Timor and Australia for how to commercialise the 142 billion cubic metre gas field.

The Sunrise JV – which also includes Shell, ConocoPhillips and Osaka Gas – met representatives from East Timor and Australia last week shortly before it emerged that the two countries had settled their long-standing marine border dispute, a spokesperson for Woodside told Interfax Natural Gas Daily.

“The Sunrise JV has participated in compulsory conciliation proceedings...