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Australia Hits Oil Producers with Levy to Decommission Abandoned Timor Sea Field

2021-05-12 15:01:51| OGI

The move, announced in the governments 2021-22 budget late May 11, came as a surprise as it was not flagged in a proposed new framework for decommissioning rules set out last month.

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East Timor, Australia To Ratify Maritime, Gas Deal This Year

2019-06-26 22:39:04| OGI

Signed in March 2018, the historic treaty resolved a long-running dispute over the Timor Sea border, which had delayed the development of the Greater Sunrise Field, which was discovered in 1974 and holds about 5.1 trillion cubic feet of gas.

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Australia and East Timor sign historic maritime border deal

2018-03-07 02:18:05| BBC News | Business | UK Edition

The historic maritime treaty is an economic boon for East Timor, and ends a decade-long dispute.

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The entrepreneurs rebuilding East Timor

2016-02-11 01:01:06| BBC News | Business | UK Edition

The young entrepreneurs helping to rebuild their country

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Bayu-Undan, Timor Sea

2016-02-10 01:00:00| Offshore Technology

Bayu-Undan is located 500km offshore Darwin, Australia, in the Timor Sea, and is 250km south of East Timor.

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