A joint venture (JV) formed by Woodside Energy Group Ltd., Osaka Gas Australia and Timor-Leste’s state-owned Timor Gap is studying development and LNG production from the Greater Sunrise natural gas fields near the Southeast Asian island.

The partnership, called Sunrise Joint Venture, will expand on previous efforts to evaluate the feasibility of producing and shipping liquefied natural gas from the Greater Sunrise fields near Timor-Leste, as opposed to transporting gas to Australia, according to the group.

As Australia’s sources of feed gas from maturing fields like the Bayu-Undan in the Timor Sea gradually diminish, Woodside CEO Meg O’Neill said it was time to take another look at whether advanced technologies, such as modular LNG trains, could make Sunrise development...