Korea

  • Saudi Aramco, Samsung Ink Gas Deal

    Saudi Aramco, Samsung Ink Gas Deal

    Wednesday, 29th January 2020

    The project is known as Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS), located 260 kilometers (km) east of Saudi Arabia's capital Riyadh. The area includes a gas injection facility of 1,500 million standard cubic feet per day (mmscf/d) and a gas reprocessing facility of 2,000 mmscf/d.

  • KNOC to Boost Investments in Egypt

    KNOC to Boost Investments in Egypt

    Wednesday, 21st August 2019

    The Korea National Oil Corporation (KNOC) Chairman, Suyeong Yang stated that the company aims to expand its investments in Egypt to strengthen the bilateral relationship between the two countries, as well as for the active investments’ atmosphere in Egypt.

  • S. Korea to Invest $27b in Omani Downstream Projects

    S. Korea to Invest $27b in Omani Downstream Projects

    Monday, 28th November 2016
    South Korean companies will participate in Oman's large-scale energy and infrastructure projects worth over $27b.
  • Saudi Arabia Signs $900m KEXIM-Backed Loan for Power Plant

    Saudi Arabia Signs $900m KEXIM-Backed Loan for Power Plant

    Monday, 16th May 2016
    Saudi Electricity Co (SEC) signed a $900m loan agreement with the Export-Import Bank of Korea (KEXIM) among other international lenders, to help finance the construction of a 2,640MW power plant in Shuqaiq.