Operations at the Bayu-Undan field. (ConocoPhillips)
Woodside Petroleum may have found a commercially viable solution to develop the Greater Sunrise fields that could resolve a deadlock with the government of East Timor.
Peter Coleman, the Australian company’s chief executive, has suggested that Woodside, which operates the fields, could invest in the upstream part of the project only. It would then leave investment in the riskier onshore East Timor LNG plant – which the Timorese government is insisting upon – to others.
Building a pipeline from Greater Sunrise to an onshore...
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