Tag: South Korean

S. Korea to drill potential 14bn barrels of oil & gas

South Korea to drill potential 14bn barrels of oil & gas

South Korean President Yoon Suk Yeol recently gave the go-ahead to exploratory drilling of a possible oil and gas reserve he said could potentially...

Pöyry sells shares in South Korean operation

Pöyry has sold all of its shares in Korea District Heating Engineering Co (KDHEC), an engineering and consulting services company based in Seoul, South Korea. All shares held by Pöyry Finland, amounting to 50% of shares in the company, have been sold to KEPS Calista Private Equity Fund.

STX wins shipbuilding order

South Korean shipyard STX Shipbuilding Co. has won an order worth USD 117.3 million from a European shipping company to build two bulk carriers.