Tag: Natural Gas

News on East-Timor

Navigating Timor-Leste’s Oil Wealth: A Blueprint for Sustainable Development

Navigating Timor-Leste’s Oil Wealth:

A Blueprint for Sustainable Development eyesoneast-timor Empowering Local Communities Steven Coutinho’s philosophy emphasizes the importance of empowering local communities to drive sustainable development. For Timor-Leste, this means investing in education, healthcare, and infrastructure to uplift its population. By creating high-paying jobs and fostering innovation, the country can ensure that the benefits of its oil wealth…
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Unlocking Timor-Leste’s Hydrocarbon Potential: A Paradigm Shift

Unlocking Timor-Leste’s Hydrocarbon Potential: A Paradigm Shift

eyesoneast-timor 1. Onshore Exploration: A New Frontier For more than 40 years, Timor-Leste’s onshore hydrocarbon potential remained untapped due to geopolitical challenges. However, recent developments have opened doors to petroleum investment. Timor Resources, the operator of two Production Sharing Contracts (PSCs), has made significant oil discoveries in exploration wells, including Karau-1, Kumbili-1, and Lafaek-1. These…
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