QatarEnergy celebrated the steel cutting of the first of its new generation of chartered LNG vessels to be constructed in a Korean shipyard. QatarEnergy joined Samsung Heavy Industries, and JP Morgan Asset Management in a special ceremony on Geoje Island in the Republic of Korea to celebrate this milestone, which is part of QatarEnergy’s historic LNG Fleet Expansion Project. In April, the state-owned giant announced […]
Korea
Posted inDownstream
Aramco breaks ground on $7 billion Shaheen project
Saudi Aramco President and CEO Amin Nasser and South Korean President Yoon today attended the groundbreaking ceremony for the $7 billion Shaheen petrochemical project in Ulsan, South Korea. Ministers and senior officials from both countries also attended the milestone event. The Shaheen project, which was announced in November 2022, is being developed by Aramco affiliate S-OIL and is […]
Posted inNews
UAE, Korea sign major energy deals
A joint declaration was signed between the two governments to enhance cooperation in energy through a strategic energy partnership
Posted inNews
ACWA Power, POSCO Holdings sign MoU to explore production of green hydrogen and ammonia
ACWA Power is at the forefront of scaling up green hydrogen, whose output—ammonia—will lead to the outcome of decarbonising entire industries, senior executive says
Posted inProducts & Services
QatarEnergy orders six LNG vessels from Korean shipyards for expansion projects
The North Field expansion projects will increase Qatar's LNG production capacity to 126 million tons per annum by 2027
QatarEnergy has placed the first batch of LNG shipbuilding orders with Korean shipyards, consisting of four vessels from Daewoo Shipbuilding & Marine Engineering (DSME) and two vessels from Samsung Heavy Industries (SHI), as part of QatarEnergy’s shipbuilding programme to meet its future LNG carrier requirements. The orders came in the form of QatarEnergy’s declaration of […]
Posted inEnergy Transition
QatarEnergy and H2Korea to cooperate on hydrogen projects
This is part of a series of agreements recently signed by QatarEnergy expanding its international presence
QatarEnergy and Korea’s Hydrogen Convergence Alliance (H2Korea) signed an agreement to cooperate on hydrogen projects. The agreement provides a framework of cooperation between developing hydrogen energy sectors in both countries, and to share ideas and specific plans to encourage the growth of the hydrogen industry and the expansion of the hydrogen energy supply, in addition […]