PAST EVENTS

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006


Roadmap towards Alignment to the

Development Concept &
Commercialization of
The Greater
Sunrise
Gas Fields
in the Timor Sea

Conference 2018

23 & 24 October 2018 * Darwin, Northern Territory, Australia ***

  1. Overview
  2. Programme
  3. Gallery
  4. Delegates
  5. Exhibitors
  6. Exhibition Opportunities


This conference facilitates to identify expectations and promote dialogue to address the best way to approach the development concept and into the future to establish the Greater Sunrise Special Regime for the joint development, exploitation and management of the Greater Sunrise gas fields, to define project challenges and clarify risk situation, including the technical building blocks of the projects, challenges in the development phase into production, late field life and finally decommissioning, with significant time set aside to identify, evaluate and assess development concepts and associated costs, while ensuring project uncertainty is minimized from the outset, as well as the commercial aspects of how gas fields are evaluated and which profitability indicators are used to screen and rank projects, all this is geared to ensure that this objective is achieved by balancing the need of maximizing State revenue with incentivizing offshore oil and gas exploration

On 6 March 2018, Timor-Leste (East Timor) and Australia signed a treaty at the United Nations setting their maritime boundary and striking a deal on sharing an estimated US$ 65 billion in potential revenues from the Greater Sunrise gas fields in the Timor Sea. The treaty is an important step that sets the pathway to develop the Greater Sunrise offshore gas fields. The Greater Sunrise Gas Fields are located approximately 150 kilometers south-east of Timor Leste and 450 kilometers north-west of Darwin, Northern Territory. It lies beneath waters 100 to 600 meters deep, making them shallow to medium-deepwater developments. As such, this conference is a timely platform to accelerate discussion that is geared to address the best way towards a roadmap for development plan to accelerate the commercialization of the Greater Sunrise fields, which promise great benefits. Discussion will facilitate to establish the Greater Sunrise Special Regime for the joint development, exploitation and management of the Greater Sunrise gas fields, including identification and assessment of development options for offshore facilities to take forward to the subsequent project phases, defining project challenges and clarify risk situation, as well as identifying, evaluating and assessing development concepts and associated costs, while ensuring project uncertainty is minimized from the outset, all this is geared to turn development opportunity into the optimum development concept, towards a successful facets of exploration, appraisal, development and production, from identifying potential prospects to discovery and commercialization.