Tag: South Korea

Samsung awarded USD 1.7bn EPC contract

Samsung awarded USD 1.7bn EPC contract

Samsung E&A received a USD 1.7bn EPC contract for the TA’ZIZ Methanol Project in the Ruwais Industrial Complex, UAE. The project includes a methanol plant with a production capacity of 1.8 million tons per year, utilizing modularization and automation technologies.
POSCO International expands LNG infrastructure

POSCO International Expands LNG Infrastructure

POSCO International is investing USD 657M to expand the Gwangyang LNG Terminal with two additional 200,000-kiloliter tanks. The company aims to strengthen Korea’s LNG supply infrastructure as global demand rises.
Hyundai Mipo Dockyard initiates steel cutting

Hyundai Mipo Dockyard initiates steel cutting

Hyundai Mipo Dockyard has begun steel cutting for a 45,000 cbm medium gas carrier (MGC) designed for ammonia transport. The vessel is part of Purus' expansion, with a fleet of dual-fuel ammonia-ready MGCs.
SAMSUNG E&A wins USD 955M contract in Malaysia

SAMSUNG E&A wins USD 955M contract in Malaysia

SAMSUNG E&A, a total solutions provider for the global energy industry has secured the contract for a biorefinery that will have the capability to...
SK Gas launches LNG, LPG power plant in Ulsan

SK Gas launches LNG, LPG power plant in Ulsan

SK Gas started operations at Ulsan GPS, a 1.2 GW dual-fuel LNG-LPG power plant, ensuring cost-efficient and stable energy production.
South Korea to build largest hydrogen fuel cell power plant

South Korea to build largest hydrogen fuel cell power plant

South Korea is set to construct its largest hydrogen fuel cell power plant, the Gangdong Hydrogen Fuel Cell Power Plant, in Gyeongju, Gyeongsangbuk-do. With an investment of USD 550M, the plant will have a capacity of 107.9 MW, generating electricity for 270,000 households annually. Construction is slated to begin in March 2025, with the plant expected to be operational by March 2028. The project addresses critical energy deficits in industrial complexes and represents a pivotal move in South Korea’s energy transition.
South Korea revives plans to build two reactors

South Korea revives plans to build two reactors

The Nuclear Safety and Security Commission (NSSC) has granted Korea Hydro & Nuclear Power (KHNP) a construction permit for two new 1.4 GW pressurised...
CS Wind to invest in wind power equipment factory

CS Wind to invest in wind power equipment factory

A South Korean wind turbine manufacturer is planning to build a USD 200M wind power equipment factory in an industrial zone in Long An...
Offshore Oil Engineering to build Posco Gas Project

Offshore Oil Engineering to build Posco Gas Project

Offshore Oil Engineering said the Chinese company has scored a USD 523M deal to build the fourth phase of an offshore natural gas project...
South Koreas KHNP to build Czech nuclear power plant

South Korea’s KHNP to build Czech nuclear power plant

Korea Hydro & Nuclear Power (KHNP) has been selected by the Czech Government to build two nuclear reactors in the country, marking South Korea’s...