Core Insights - TIMOR GAP has signed a commercial agreement with Guangdong Fushan Tengfei International, granting the latter a 50% participation interest in the Pualaca Block while TIMOR GAP retains operational control [1][3][4] Group 1: Agreement Details - The agreement allows Guangdong Fushan Tengfei to participate in the exploration and development of the Pualaca oil field, enhancing Timor-Leste's energy resource exploration [1][2] - Guangdong Fushan Tengfei will undertake 50% of the work rights in the Pualaca Block and will collaborate closely with TIMOR GAP during the initial exploration phase, which includes seismic data collection, processing, and interpretation [2][3] Group 2: Strategic Importance - The partnership is seen as a significant step for TIMOR GAP in promoting exploration activities through strategic collaboration and resource optimization [2][6] - The cooperation is expected to bring valuable synergies for ongoing exploration and future development, leveraging Guangdong Fushan Tengfei's technical and financial capabilities [3][6] Group 3: Regulatory Compliance - The agreement is subject to regulatory requirements, including obtaining necessary approvals from the National Petroleum Authority of Timor-Leste (ANP) [4][6] - Both parties will work closely to finalize the transfer contract and joint operating agreement in compliance with ANP's regulatory guidance [4][6]
东帝汶TIMOR GAP与广东浮山腾飞国际有限公司签署Pualaca区块商业协议
Sou Hu Cai Jing·2025-10-10 08:17