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Home » Operator taking steps to close funding gap ahead of oil project’s FID as partner ups its stake

Operator taking steps to close funding gap ahead of oil project’s FID as partner ups its stake

Finder Energy, a Perth-based oil and gas exploration player, is taking steps to secure remaining funds for a final investment decision (FID), which will enable it to develop two oilfields off the coast of Timor-Leste. To this end, the firm has agreed to enable its partner to boost its interest in the project.

The post Operator taking steps to close funding gap ahead of oil project’s FID as partner ups its stake appeared first on Offshore Energy.

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