Wood, a global leader in consulting and engineering, has been appointed as the lead specialist consultant for an independent study for the Sunrise Joint Venture's (SJV) Greater Sunrise Development. This extensive concept study will encompass various aspects such as engineering, technology, financing, commercial structures, fiscal policies, environmental and health & safety considerations, and socioeconomic factors including local content. The study is scheduled for completion by the fourth quarter of 2024, aiming to provide SJV with the essential insights to progress the project to the next stage.

The Sunrise Joint Venture comprises TIMOR GAP holding a 56.56% stake, Woodside Energy with 33.44%, and Osaka Gas owning 10.00%. The Greater Sunrise Development, situated between Timor-Leste and Australia's Northern Territory, includes the Sunrise and Troubadour gas and condensate fields.

Wood brings extensive experience to this project, having completed over 100 LNG feasibility studies worldwide. Their technical consulting and advisory services at the early stages of projects enable clients to make well-informed and independent decisions.

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