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Total, Macquarie’s GIG Form Floating Offshore Wind JV in South Korea

Sep 01, 2020

French oil giant Total and Macquarie’s Green Investment Group (GIG) are forming a joint venture to develop a portfolio of 5 large floating offshore wind projects in South Korea with a potential cumulated capacity of more than 2 gigawatts (GW).Located off the Eastern and Southern coasts of the country (Ulsan and South Jeolla Provinces), the projects have started an on-site comprehensive wind data collection campaign…

Kongsberg Digitial Scores South Korea Sim Center Contract Wins

Aug 25, 2021

Kongsberg Digital (KDI) won four successive contracts with maritime training centers, schools and universities in South Korea.In the first quarter of 2021, the delivery of K-Sim Offshore and DP simulators to the Korea Institute of Maritime and…

Ørsted Plans to Build 1.6GW Offshore Wind Projects Near Incheon, South Korea

Nov 24, 2020

Danish offshore wind farm developer Ørsted on Tuesday said it would develop South Korean offshore wind projects with a potential capacity of up to 1.6GW off the coast of Incheon City. Ørsted said its projects in Incheon could provide clean energy to 1…

South Korea: Doosan Heavy, SK E&C in Floating Wind Farm Tie-up

Nov 19, 2020

South Korea's Doosan Heavy Industries & Construction has signed an agreement with compatriot SK Engineering & Construction to collaborate on floating offshore wind farm projects.Under the agreement, SK E&C will take on the development of the wind farm complex…

Aker Offshore Wind, Partners Install LiDARs Offshore S. Korea

Oct 05, 2020

Aker Offshore Wind, an offshore wind energy spin-off of Aker Solutions, has installed Light Detection and Ranging buoys (LiDARs) offshore Ulsan, South Korea. The company said the operation was a major milestone for the company’s KFWind consortium…

OET Gets Hold of Newbuild Suezmax 'Nissos Sikinos'

Sep 15, 2020

Greek oil tanker operator Okeanis Eco Tankers has taken delivery of the Suezmax tanker “Nissos Sikinos” today.The tanker was delivered from Hyundai Samho Heavy Industries in South Korea and is the first of the two Suezmaxes that will be delivered to the company by the end of September…

Bahri Orders Ten Chemical Tankers from Hyundai for $410M

Aug 21, 2020

Saudi Arabia's national shipping company Bahri has ordered ten 49,999-dwt Medium Range (MR) chemical tankers from Hyundai Mipo Dockyard, part of South Korea's Hyundai Heavy Industries (HHI).Bahri said the order, signed at a virtual ceremony…

Shell to Charter Six Newbuild LNG Carriers

Aug 04, 2020

Oil and gas giant Shell has signed long-term charters for six newbuild liquefied natural gas (LNG) carriers.Shell has signed separate agreements for two LNG ships each with affiliates of Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advised by J…

S.Korean Refiners Post Record H1 Losses

Jul 29, 2020

Two refiners in South Korea, the world's fifth largest crude oil importer, posted their biggest losses ever in the first half when oil prices slumped as the COVID-19 pandemic ravaged fuel demand.SK Innovation Co Ltd, owner of South Korea's top refiner SK Energy…

VIDEO: BW LNG Takes Delivery of BW Pavilion Aranthera LNG Carrier

Jul 06, 2020

South Korea's Daewoo Shipbuilding Marine & Engineering (DSME) has delivered a new LNG Carrier - the BW Pavilion Aranthera - to its owners BW LNG. The delivery took place on Friday, July 3, 2020.The BW Pavilion Aranthera is a 173,400 cubic meters…

OWC Sets Up Office in S. Korea

Jun 26, 2020

OWC, formerly known as Offshore Wind Consultants, has set up an office in South Korea, a country with ambitious offshore wind plans. 'We continue our expansion into key emerging markets such as South Korea. We believe a local presence is central…

Refineries around Asia Join Chinese Peers in Increasing Production

Jun 10, 2020

Refineries from India to South Korea are expected to increase output from June, joining their Chinese counterparts as the easing of lockdown measures boosts demand for oil products, industry executives said.The average operating rate for refineries in Asia is expected to rise to 75…

S. Korean Shipbuilder Shares Soar on $19B Deal with QP

Jun 02, 2020

Shares in South Korean shipbuilders rallied more than 20% on Tuesday following $19 billion worth of deals to build vessels for Qatar Petroleum (QP).QP said on Monday it has signed agreements with South Korea's 'Big 3' shipyards to secure more…

Qatar Petroleum in 'Largest LNG Shipbuilding Deal in History'

Jun 01, 2020

Qatari state-owned oil and gas company Qatar Petroleum has entered into what it says 'are the largest LNG shipbuilding agreements in history to secure more than 100 ships valued in excess of QR 70 billion [USD19,2 billion] to cater for its LNG growth plans…

First Topside Module Lifted on Coral South FLNG Hull

May 27, 2020

Eni-operated Coral South FLNG project is making progress with the first topside module installed aboard the hull of the under-construction FLNG unit destined to develop offshore gas fields in Area 4 of the Rovuma Basin, Mozambique.Coral FLNG SA…

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