South Korea News

 

GATE Energy Awarded Woodside Trion FPU Commissioning

Dec 08, 2023

GATE Energy announced it has been awarded the commissioning contract for the Woodside Trion Floating Production Unit (FPU) project by HD Hyundai Heavy Industries Co., Ltd. (HHI). GATE's scope includes pre-commissioning and commissioning planning and execution at HHI's fabrication yard in Ulsan, South Korea.The Trion deepwater development is located in the Gulf of Mexico in the Perdido Fold Belt with water depths ranging up to 8…

Vestas and Maersk to Build Offshore Wind Logistics Base in South Korea

Apr 22, 2024

Vestas has signed a memorandum of understanding (MoU) with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City to build an offshore wind hub in Mokpo City in the Jeonnam Province, South Korea.Under the MoU, the parties will work together with…

Equinor Picks DNV to Verify Substation for South Korean Offshore Wind Farm

Apr 15, 2024

DNV, the independent energy expert and assurance provider, has been selected by Equinor to provide verification services for Front End Engineering and Design (FEED) of the substation of the Bandibuli / Firefly floating wind farm.The wind farm comprises two 75 km2 areas…

RWE Secures 495 MW Offshore Wind Capacity in South Korea

Apr 04, 2024

South Korea has awarded Germany’s top utility RWE a 495 MW Electricity Business License (EBL) to develop the Seohae offshore wind project, off the coast of Taean County in South Korea’s Chungcheongnam Province.The license, awarded by the Ministry of Trade…

QatarEnergy Inks Nakilat Deal for Operation of 25 LNG Ships

Mar 25, 2024

QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25, 174,000 cubic meter LNG vessels as part of the second ship-owner tender under QatarEnergy’s historic LNG Fleet Expansion Program…

Glamox to Light Up Three Offshore Wind Farms in Asia

Mar 18, 2024

Lighting solutions specialist Glamox has secured three separate orders for LED lighting for the turbine foundation transition pieces for fixed offshore wind farms in Taiwan and South Korea.The contracts Glamox secured are for Hai Long Wind farm 2 and 3…

Esvagt Enters South Korea’s Offshore Wind Market

Feb 28, 2024

Danish vessel owner Esvagt and South Korea-based shipping company KMC Line have formed strategic partnership to cooperate on offshore wind opportunities in the East Asian country.A new collaboration between Esvagt and KMC Line, formalized through the signing of the letter of intent…

Ørsted Strengthens Offshore Wind Position in South Korea

Feb 22, 2024

Ørsted has signed a memorandum of understanding (MoU) with Incheon Metropolitan City in South Korea to cooperate on developing a world-class offshore wind power industry in the region.The aim of the agreement is to establish a successful local wind power industry driven by Ørsted’s 1…

Fugro Sets Up South Korea Base for Offshore Renewables

Feb 15, 2024

Dutch survey company Fugro has opened a new office South Korea, dubbed ‘Fugro UST21’, as part of a joint venture with South Korean marine technology company UST21.Based in Incheon, the new office will provide geo-data solutions for South Korea’s growing offshore renewable energy sector…

K2 Management Gets South Korea Offshore Wind Job

Jan 31, 2024

Danish company K2 Management (K2M) has been selected by Pacifico Energy Korea as Owner’s Engineer for first phase of Pacifico Energy Korea’s 3.2 GW offshore wind farm complex.K2M will provide pre-construction analysis and technical support on the first phase of the project…

Vestas Selected as Preferred Supplier for South Korea’s 390MW Offshore Wind Farm

Dec 29, 2023

Danish company Vestas has signed has signed a preferred supplier agreement with Hanwha Corporation for the 390 MW Shinan Ui offshore wind project in South Korea.The project is developed by Shinan Ui Offshore Wind, a special purpose company established by Hanwha Corporation E&C Division…

Taihan Secures $77.3M Offshore Wind Cabling Contract in South Korea

Dec 27, 2023

Taihan Cable & Solution has won a $77.3 million contract for the supply of subsea cables for the 365 MW Yeonggwang Nakwol offshore wind farm in South Korea, and purchased what is said to be the country's only cable-laying vessel (CLV) for the offshore wind market…

BP, Corio Plan to Invest Over $1B in South Korea wind farms -ministry

Nov 22, 2023

South Korea's Ministry of Trade, Industry and Energy said on Wednesday that British-based offshore wind firm Corio Generation and BP have submitted investment plans for wind farm projects in South Korea totaling $1.16 billion.The projects, which had been in the works…

SK E&S and CIP Seal Deal on 99MW Offshore Wind Project in South Korea

Oct 11, 2023

SK E&S, one of the largest conglomerates in South Korea, and Copenhagen Infrastructure Partners have reached financial close on the Jeonnam 1 offshore wind project in South Korea.Jeonnam 1 will be a 99-MW offshore wind farm off the coast of Shinan County…

DORIS Secures Second Contract for Gray Whale 3 Floating Offshore Wind Farm in South Korea

Jun 26, 2023

Offshore engineering services firm DORIS has secured a second Front-end Engineering Design (FEED) contract for the Gray Whale 3 floating offshore wind farm in South Korea. The scope of the FEED includes the project’s full electrical and communications system to the grid connection…

Logistics News

Building the Next-Gen Maritime Prepositioning Ship & Auxiliary Crane Ship

Building the Next-Gen Maritime Prepositioning Ship & Auxiliary Crane Ship

LS Marine Awarded $31.7 Million Contract to Dredge the Upper Miss

LS Marine Awarded $31.7 Million Contract to Dredge the Upper Miss

Classification and Building the New Fuels Pathway

Classification and Building the New Fuels Pathway

Tip #59 – AI to Maritime Trainers: "Watch Your Back …"

Tip #59 – AI to Maritime Trainers: "Watch Your Back …"

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