East Timor’s national hydrocarbon agency, the ANPM, and London-based government marketing agency, IN-VR, have teamed up to promote the Southeast Asian nation’s second upstream licensing round.
Aside from helping to boost interest in the round, IN-VR will carry out international roadshows, both online and physical, as well as organise marketing campaigns and door-to-door investor activities throughout 2021.
IN-VR has been ANPM’s promotional arm since 2019, with the annual launch of the Timor-Leste Oil & Gas Summit in Dili. East Timor, a former Portuguese colony, is also known as Timor Leste in Portuguese.
Currently, ANPM is holding its second licensing round, offering 18 blocks, 11 offshore and seven onshore.
“We are extremely pleased and honoured to be working even closer with the ANPM and Timor Leste. Based on the concrete interest we have generated through IN-VR’s marketing and promotional campaigns within the past years, we strongly believe that the licensing round is set to be an international success, equivalent to the country’s vast hydrocarbon potential,” Chryssa Tsouraki, co-CEO at IN-VR, said in a statement.