Ha Young-Bong
,CEO,GS Energy
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South Korea’s GS Energy has one main interest in the Middle East – the 3% share in ADNOC Onshore, which it acquired back in 2015. But the fields associated with this division are part of the Abu Dhabi giant’s production engine room, pumping out a lucrative 1.6mn bpd. GS also has a 10% stake in ADNOC’s Concessions 1, 2 and 3, which will commence a rather more modest output of 30,000 bpd next year. GS Energy subsidiary GS Caltex is a growing enterprise in refining and petrochemicals.
