A new partnership between the Government of Timor-Leste and IFC will ensure preparations for a carbon capture and storage (CCS) project in the Timor Sea meets global best practice while supporting the Southeast Asian nation in its greenhouse gas emissions mitigation efforts. Twenty years since independence and as the youngest country in Asia, Timor-Leste has identified private sector investment as key to unlocking future economic growth and jobs for its people. With its potential to generate new revenue streams for Timor-Leste, the Bayu-Undan Carbon Capture and Storage Project is seen as a key part of the country’s overall development strategy and its transition from fragility to resilience. Under an agreement signed October 7, IFC will advise the government on international best practice and provide inputs to…

MEDIA RELEASE LAST DAY DOCUMENTS SUBMISSION Autoridade Nacional do Petroleo e Minerais (ANPM) as the National Regulatory Authority for Petroleum and Minerals Sector in Timor – Leste, hereby would like to announce that today, January 14, 2022 is the last day for the submission of the pre-qualification for the companies that wish to be eligible to participate in the Timor – Leste Second Licensing round. Upon receiving the submission of the pre-qualification documents the ANPM will carry out evaluation of the documents to assess the companies technical and financial competence, as well as legal competence and experiences in the local content executions. The companies that have proven to fulfill all…

Media Release  ANPM Extend Timor-Leste Second Licensing Round Given the situation of the recent global pandemic that has affected the petroleum industries globally, which have directly impacted the ANPM efforts in the promotion of the Timor-Leste second licensing round, and further considering the gradual global recovery of the petroleum industries, therefore, the Autoridade Nacional do Petroleo e Minerais (ANPM) has decided to extend the timeline of the closing of the bid submission from October 1, 2021 to March 04, 2022.  This extension has resulted in the new deadline of the Pre-qualification document submission shall be January 14, 2022 and the new date for the opening for the submission of the…

Media Release ANPM Granted 5 Environmental License Certificate On 25th January 2021, the President of ANPM, Mr. Florentino S. Ferreira, handed over 5 Environmental License Certificates to the following Downstream Activity projects. For the details please click here.

Autoridade Nacional do Petróleo e Minerais (ANPM) is Timor-Leste public institution, created under Decree Law No. 27/2019 of 27 August, 2nd amendment of Decree-Law No.20/2008 of 19th June on the Autoridade Nacional do Petróleo (ANP), responsible for managing and regulating petroleum and mining activities in Timor-Leste area, both offshore and onshore include in the special regime of Greater Sunrise in accordance with the Maritime Boundary Agreement between Timor-Leste and Australia, Decree Law on the establishment of the ANPM, the Timor-Leste Petroleum Activities Law and the Mining Code. ANPM strategic plan is a document which is prepared and developed for the purpose of communicating to its key stakeholders regarding the plan or…

Media Release Santos : Bayu-Undan infill development FID Santos, as operator of the Bayu-Undan Joint Venture, today announced a Final Investment Decision for the US$235 million Phase 3C infill drilling program at the Bayu-Undan field in the Timor Sea, offshore Timor-Leste. The program comprises three production wells (two platform and one subsea) and will develop additional natural gas and liquids reserves, extending field life as well as production from the offshore facilities and the Darwin LNG plant. Sanction of the project comes less than seven months after Santos became operator of the Bayu-Undan Joint Venture following completion of the acquisition of ConocoPhillips’ northern Australia and Timor-Leste assets. The wells will…