Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Industry / South Korea

Daewoo And STX To Blaze Trail In East-Coast Oil Hunt

September 2011 | Industry News

Although offshore oil and gas exploration in South Korea is expanding, the country will remain dependent on imported oil and LNG, making it vulnerable to market volatility.

To read the full article, please choose one of the following options:

Subcribers please log in

Related Insight Articles
Gazprom Extends Korea Gas Supply Deal

Companies / South Korea Russian gas monopoly Gazprom has extended a supply deal with Korea Gas until 2013.
May 2008
South Korean Consortium Takes 27% Stake In Kazakhstan

Companies / South Korea A South Korean consortium led by state-controlled Korea National Oil Corporation (KNOC) has acquired a 27% stake in Kazakhstan's offshore Zhambyl oil block from Kazakhstan's KazMunaiGaz for US$85mn....
May 2008
Korea And US To Collaborate On Flammable Ice

Companies / South Korea South Korea and the US have signed a statement of intent (SoI) calling for co-operation in the development and commercialisation of gas hydrates deposits. The agreement, signed by South Korea's knowledge...
April 2008
Seeking Self Sufficiency Through Resource Diplomacy

Companies / South Korea The government of South Korea has announced that it is aiming to acquire 3.2bn barrels (bbl) of overseas oil and gas reserves in 2008. Faced with a high and rising import bill, South Korea needs to secure...
March 2008
Daewoo Confirms Reserves Estimates For A1 & A3

Companies / South Korea Daewoo , the South Korean conglomerate that is the operator of the A1 and A3 offshore blocks in Myanmar with a 60% stake, has announced strong reserves data. The news highlights the fields' value, although...
August 2007


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2012 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS