Gas Fields Archives | Be Korea-savvy

SK Innovation’s Stake Sale in Peruvian Gas Fields Falls Through

SEOUL, Jan. 4 (Korea Bizwire) — SK Innovation Co.’s planned sale of its stakes in two Peruvian gas fields to a foreign partner has been canceled amid disapproval from the Peruvian government, a regulatory filing showed Tuesday. The South Korean refiner said in the regulatory filing that its contract with Argentine energy company, Pluspetrol, to [...]

Seoul to Drill up to Nine Holes in Continental Shelf for Gas Fields by 2023

SEOUL, Sep. 22 (Korea Bizwire) – Seoul is aggressively seeking to carry out continental shelf drilling to secure additional gas fields. On the basis of its successful gas field operation in the East Sea, the Ministry of Trade, Industry and Energy (MTIE) has decided to drill up to nine more holes at three continental shelves [...]