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Timor-Leste GAP joins Santos-led Bayu-Undan JV, sweeping up 16% interest

Timor-Leste becomes the third-largest shareholder in the project

Yiying Li
Bayu-Undan and Darwin gas project. Credit: TIMOR GAP

Bayu-Undan and Darwin gas project. Credit: TIMOR GAP

The Santos-led Bayu-Undan joint venture has agreed to transfer 16% of its interest in the Bayu-Undan upstream project to TIMOR GAP - wholly owned by the Timor-Leste government.   The newly expanded...

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