Carnarvon secures partner for oilfield redevelopment off Timor-Leste

New partner to fund the drilling of the first well at the field since it cease production in 2004

Timor-Leste: Carnarvon has made progress on its planned redevelopment of the Buffalo oilfield after striking a deal for Advance Energy to fund the first well
Timor-Leste: Carnarvon has made progress on its planned redevelopment of the Buffalo oilfield after striking a deal for Advance Energy to fund the first wellPhoto: AP/SCANPIX
Published 17 December 2020, 02:10Updated 17 December 2020, 02:10