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SK Innovation to Invest Another US$940 mln in Georgia

SK Innovation to Invest Another US$940 mln in Georgia

SEOUL, June 29 (Korea Bizwire) — SK Innovation Co., South Korea’s leading refiner and chemical company, will invest another US$940 million in expanding its electric vehicle (EV) battery plant in the United States, a U.S. official has said. Georgia Gov. Brian P. Kemp said the new project is in addition to SK Innovation’s $1.67 billion [...]

S. Korea’s AIIB Membership Opening Doors to Asian Infrastructure Projects

S. Korea’s AIIB Membership Opening Doors to Asian Infrastructure Projects

SEOUL, Nov. 15 (Korea Bizwire) – South Korea’s membership in the China-led Asian Infrastructure Investment Bank (AIIB) is paying dividends, with a number of companies winning deals with Bangladesh in recent days. According to the Ministry of Strategy and Finance, LS Cable & System and Hyosung Corp both obtained contracts for work on Bangladesh’s electrical [...]

ASX Announcement — Skyland Petroleum to Commence Production Testing in Georgia

ASX Announcement — Skyland Petroleum to Commence Production Testing in Georgia

TBLISI, GEORGIA, Jun. 15 (Korea Bizwire) – Skyland Petroleum Limited (ASX: SKP) (“Skyland” or the “Company”) today announced that the semi-horizontal bore hole required for the full production testing on the Kumisi #2 Well in Georgia has been successfully completed on time and on budget. The well showed positive indications of hydrocarbons whilst drilling and [...]

ASX Announcement – Skyland Acquires 20% Interest in Potential Production Project in Georgia

ASX Announcement – Skyland Acquires 20% Interest in Potential Production Project in Georgia

TBLISI, GEORGIA, Apr. 29 (Korea Bizwire) –  Skyland Petroleum Limited (ASX: SKP) (“Skyland” or the “Company”) is pleased to announce the completion of its acquisition of a 20% interest in the Block XIG Production Sharing Contract (“PSC”) in the Republic of Georgia. In November 2015, the Company signed an agreement with its local partner, Georgia Oil [...]