Despite the political and social turmoil in Myanmar, South Korea’s Posco International is sending a second deep-water drilling rig to the troubled Southeast Asian state to continue development work at the Shwe gas field.
South Korea has struck a 15-year deal with BP for LNG supplies, covering 1.58 million tonnes per year.
Shell's decision to sanction a£23 billion Canadian LNG project could signal the return of "mega-projects", an analyst has said.
Korea Gas Corp plans to lower costs by using its own overseas output for the production of liquefied natural gas (LNG), the firm’s boss said, according to a media report.
Total has signed a memorandum of understanding with Korea Gas Corporation (KOGAS) during the LNG 18 conference in Perth, Australia.
Woodside and Korea Gas Corporation (KOGAS) have extended their 2011 deal develop future business arrangements,knowledge share, faciliate staff secondments and joint technology studies and workshop.