KTJ Oil Project FPSO Acquisition
Sector: Oil and Gas • Location: Timor-Leste
Source: Splash247
Finder Energy has secured the Petrojarl I FPSO under a strategic deal with Amplus Energy to develop its KTJ oil project offshore Timor-Leste. The acquisition includes ownership transfer of the FPSO to Finder, with Amplus handling engineering, upgrades, and operations. The project aims for FID in mid-2026 and first oil by late 2027.
- Status
- Closed
- Sector
- Oil and Gas
- Location
- Timor Leste
- Updated
- 22 Jul 2026
- Source
- Splash247
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Finder Energy has secured the Petrojarl I FPSO under a strategic deal with Amplus Energy to develop its KTJ oil project offshore Timor-Leste. The acquisition includes ownership transfer of the FPSO to Finder, with Amplus handling engineering, upgrades, and operations. The project aims for FID in mid-2026 and first oil by late 2027. |
Original sector | Offshore Oil and Gas |
Budget |
Location
Country | Timor Leste |
Source
Source | Splash247 |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-12-06 |
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