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Government of Timor-Leste

Company Summary

Description

Politics of East Timor takes place in a framework of a unitary semi-presidential representative democratic republic, whereby the Prime Minister of East Timor is the head of government and the President of East Timor exercises the functions of head of state. East Timor has a multi-party system.

Operational Regions

  • Asia

Recent news

  • 10/1/2018 - ConocoPhillips Agrees to... (subscriber access)

Company Transactions

Date: 3/31/2019
Type: Acquisition

BUYERS:
  • Government of Timor-Leste
    • SELLERS:
  • ConocoPhillips Company
    • DETAILS:

    COST: 350 $MM

    NOTES:
    ConocoPhillips entered an agreement to sell its 30% interest in the Greater Sunrise Fields to the government of Timor-Leste for $350 million.
    REGIONS:
  • Asia