About Hts energy Timor-Leste
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4 FAQs about [Hts energy Timor-Leste]
Who are the oil and gas companies in Timor-Leste?
(Blocks B and F), HTS Exploration Ltd. (Block F), Santos NA Timor Leste Pty Ltd (Block R), Supernova Energy B. V. (Block R), Timor Gap E. P. (Blicks A and F). Seven oil and gas companies have submitted bids for nine blocks offered during the Timor-Leste Second Licensing Round period…
Which oil firms will explore Timor-Leste offshore blocks?
Two of the seven onshore blocks would be explored by Timor-Leste oil firms following their success in winning the bids of the second licensing round. Timor Gap would explore block A, and ETO Ltd would explore that block B. Meanwhile, the three international oil firms won the bids for the exploration of the offshore blocks.
How many oil and gas companies have submitted bids for Timor-Leste blocks?
Seven oil and gas companies have submitted bids for nine blocks offered during the Timor-Leste Second Licensing Round period 2019/2022
Should Timor-Leste be involved with five oil firms?
At the same place, Valente Ferreira, the Chief of Staff of the Minister of Petroleum and Minerals said that the involvement of the five oil firms would ensure sustainable development of oil and gas in the country. “We need to work together in putting more effort to develop Timor-Leste’s petroleum sector to benefit all Timorese people,” he said.
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