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Daewang Whale Drilling Fails: KNOC Faces Mounting Debt and Uncertainty
09 Feb 2025 09:54 GMT
… drilling phase and the Korea National Oil Corporation (KNOC) grappling with financial … attempt. Industry insiders believe KNOC lacks the financial capacity … drilling. (Image courtesy of Korea National Oil Corporation)
Escalating Political Tensions
…
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U.S. geoscience research firm reports discovery of 14 additional oil and gas prospects in East Sea
03 Feb 2025 19:32 GMT
… reports discovery of 14 additional oil and gas prospects in … potential discovery of 14 additional oil and gas reserves in … a possibility to the Korea National Oil Corp. (KNOC), according to the officials … from the KNOC and the Ministry of …
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Potential offshore oil and gas prospects found in South Korea
03 Feb 2025 17:00 GMT
… discovered 14 additional offshore oil and gas prospects in … these findings to the Korea National Oil Corp. (KNOC), indicating potential deposits … billion barrels (bbbl) of oil and gas equivalent, as … significant reserves of crude oil and natural gas.
Access …
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14 potential oil and gas reserves discovered in South Korea's east sea
03 Feb 2025 09:31 GMT
… potential discovery of 14 additional oil and gas reserves in … behind Seoul's oil exploration project in the East … a possibility to the korea National Oil Corp. (KNOC), according to the officials … billion barrels of gas and oil, including the one widely …
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South Korea Eyes Energy Independence with New East Sea Oil and Gas Discovery
03 Feb 2025 08:27 GMT
… billion barrels of gas and oil in the deep waters of … ," was submitted to the Korea National Oil Corp. (KNOC) at the end of …
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Iraq ranks 3rd among top crude suppliers to South Korea in December–KNOC
29 Jan 2025 10:02 GMT
… was the third-largest crude oil supplier to South
Korea in … data from the Korea National Oil Corporation
(KNOC).
In a statement, KNOC reported that South …
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Korea’s search for oil goes bust as drilling finds lack of economic feasibility
07 Feb 2025 17:20 GMT
… government complex on Thursday.
The Korea National Oil Corporation’s West Capella drillship …
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KNOC Commences Full-scale Drilling at 'Daewang Whale' Project in East Sea
20 Dec 2024 02:49 GMT
… on Dec. 20. The Korea National Oil Corp. (KNOC) announced that the drilling … 50 days, during which KNOC plans to drill a … Dong-seob, president of KNOC, emphasized the significance of this … reduce dependence on imported energy. KNOC, a state-owned enterprise, …
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South Korea’s offshore energy bids under scrutiny after Yoon-endorsed gas field letdown
07 Feb 2025 04:44 GMT
… to 2013.
The state-financed Korea National Oil Corporation alone lost US$5 …
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Kuwait's KPC To Store 4 Mln Barrels Of Oil In S. Korea
31 Oct 2024 12:22 GMT
… year strategic agreement with Korea National Oil Corporation (KNOC) to store four million … between the KPC and KNOC, saying that they have … s strategic goals of strategic oil storing near vital markets, … the availability of Kuwait oil at the Korean market …