DILI, 29 january 2026 (TATOLI) – Malaysia’s state-owned oil and gas firm Petroliam Nasional Berhad (Petronas, Timor-Leste’s National Petroleum Authority (ANP), and TIMOR GAP have signed a Joint Study Agreement (JSA), covering offshore petroleum basin(s) in the Timor Sea.
The agreement was signed on Monday, 26 january, in Kuala Lumpur by Mohd Redhani Abdul Rahman, CEO of PETRONAS; Gualdino do Carmo da Silva, President of ANP; and Rui Soares, President and CEO of TIMOR GAP.
The study aims to enhance technical understanding of Timor-Leste’s offshore petroleum basins and reduce exploration risks.
“It builds upon existing basin studies and interpretations previously completed by ANP through targeted data integration and advanced seismic reprocessing. This will support ANP’s basin evaluation, promotion, and future licensing activities, while enabling PETRONAS and TIMOR GAP to develop an informed early technical understanding of the basin(s),” read a joint statement.
This agreement marks a positive milestone in initiating a study to evaluate the prospectivity of Timor-Leste’s offshore regions for PETRONAS and TIMOR GAP ahead of upcoming bidding opportunities.
The study is planned to conclude within eight months. ANP and TIMOR GAP will provide an extensive exploration dataset—including 2D/3D seismic studies and exploration/development wells—from previous studies to ensure its success.
ANP and TIMOR GAP welcome PETRONAS Carigali International Ventures to this Petroleum Joint Study and look forward to close collaboration for successful petroleum exploration in Timor-Leste’s offshore region.
TATOLI
