AGP Executive Report
Last update: 8 hours agoOffshore Energy Deal: Eni has formalised a joint operating agreement with state-owned Timor GAP for the TL-SO-22-23 (Block P) production sharing contract offshore Timor-Leste, setting the rules for joint decisions, technical work and cost management, with exploration including 3D seismic and a planned exploration well. Fisheries Monitoring Model: A new fisheries data push in Kenya is explicitly modeled on Timor-Leste’s national fisheries monitoring system started in 2016, aiming to improve vessel tracking, harmonize data and give both fishers and government better decision tools. Carbon Capture Progress: Santos says it is continuing work on the Bayu-Undan CCS project in Timor-Leste, designed to store up to 10 million tonnes of CO2 per year, with approvals now the main focus after front-end engineering and design. ASEAN Integration Push: In Hanoi, Vietnam and Timor-Leste leaders agreed to expand cooperation as Timor-Leste formally joins ASEAN, while ASEAN Future Forum discussions highlighted supply-chain resilience, AI governance and green/digital development—issues Timor-Leste will likely plug into next. Regional Infrastructure Linkages: Timor-Leste’s petroleum minister told the 17th IIICF in Macao he wants to use the platform to connect with China and others on strategic infrastructure, including a Suai supply base and a highway under the South Coast plan. Health Aid Note: Australia’s COVID-19 vaccine donations to Pacific nations included about 278,000 doses for Timor-Leste.
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