Finder Energy Deepens Timor-Leste Commitment with New Dili Office

Strategic Local Presence

Finder Energy Holdings Limited has taken a significant step in cementing its operational footprint in Timor-Leste with the opening of a dedicated office in Dili. This move underscores the company's long-term commitment to the region as it advances the development of the Kuda Tasi and Jahal (KTJ) oil fields. Situated in the heart of Dili's central business district, the new office will serve as a critical nerve centre for coordinating project planning, managing day-to-day operations, and fostering engagement with local stakeholders.

Driving Collaboration and Local Engagement

CEO Damon Neaves highlighted the importance of this local presence, describing the office as a hub for collaboration with a broad spectrum of partners including local suppliers, government bodies, regulators, and community groups. This approach reflects a growing trend among energy companies to embed themselves more deeply within host countries, ensuring projects are not only technically successful but also socially and economically integrated.

Economic and Social Impact

The KTJ Project is poised to bring substantial benefits to Timor-Leste beyond energy production. Finder Energy anticipates that the project will generate tax revenues and royalties, create employment opportunities, and stimulate local business growth. Additionally, the company has committed to supporting community projects and providing training, which could help build local capacity and foster sustainable development in the region.

Environmental and Safety Commitments

Alongside economic ambitions, Finder Energy has reaffirmed its commitment to operating in line with stringent environmental and safety standards. This is particularly pertinent given the increasing scrutiny on oil and gas projects worldwide to balance resource development with environmental stewardship and community well-being.

Looking Ahead

While the announcement does not provide detailed timelines or financial specifics, the establishment of a local office is a tangible sign of momentum for the KTJ Project. It signals that Finder Energy is preparing to accelerate activities on the ground, positioning itself to move closer to first oil production. For stakeholders and investors, this development marks a key milestone in the company’s growth trajectory and its evolving relationship with Timor-Leste.