South Korea

LS Cable, LS Marine secure production and installation capacity for 504 MW South Korean offshore wind farm

South Korean players embark on small-scale LNG commercialization mission
Two South Korean companies, GasEntec and Samsung Heavy Industries (SHI), are pooling resources to commercialize small-scale liquefied natural gas (LNG) technology.

Santos broadens Asia-Pacific LNG portfolio with Canadian supply and 10-year POSCO deal
Australia’s energy player Santos is stepping up its liquefied natural gas (LNG) push in Asia through a long-term supply deal with South Korea’s POSCO and a proposed agreement to buy 1 million tonnes per year (mtpa) from an LNG project being developed on Canada’s northwest coast to export lower-carbo

Naming ceremony held for new LNG carrier built by Samsung Heavy Industries
A naming ceremony has been held in South Korea for a new LNG carrier owned by Japanese Kawasaki Kisen Kaisha (“K” LINE) and Toho Gas. The naming ceremony took place at a Samsung Heavy Industries facility in South Korea on September 9 for the vessel named Toho Emerald, owned through a joint venture o

Keel laid for Korea’s only specialized HVDC installation vessel
The Tersan Shipyard in Türkiye has laid the keel for the cable-laying vessel (CLV) it is constructing for South Korean subsea cable installation company LS Marine Solution. LS Marine Solution and the shipyard signed a contract for the construction of the vessel in June 2025, followed by the start of

Singapore’s Kim Heng to incorporate joint venture company in Korea
Singapore-headquartered offshore marine service contractor Kim Heng and South Korea’s marine and civil work construction company Heungwoo Industrial have entered into a joint venture agreement (JVA) to incorporate a joint venture (JV) company in Korea. Kim Heng’s 50%-owned subsidiary Thaitan Interna

South Koreans make move to cut foreign dependence with domestic ROV capability
South Korea’s Taihan Cable & Solution and Panstar Robotics, established by the Korea Institute of Robotics & Technology Convergence (KIRO), have signed a memorandum of understanding (MoU) to jointly develop remotely operated vehicles (ROVs) that would be deployed domestically, in an effort to reduce

Taihan’s recently purchased CLV ready for first offshore wind assignment
South Korea’s Taihan Cable & Solution has held a safe operation ceremony for the cable-laying vessel (CLV) it recently purchased from DOF Group, ahead of full-scale deployment for offshore wind projects. Taihan reported in May that it had acquired the 2016-built Skandi Connector from DOF, representi

First condensate cargo from Australian project en route to South Korea
Australian energy player Santos has marketed, sold and loaded the first condensate cargo from the Barossa gas project for delivery to SK Innovation E&S in South Korea. Approximately 300,000 barrels of condensate were loaded from the BW Opal floating production, storage and offloading (FPSO) vessel a

Shipbuilding takes digital leap with virtual platform to connect entire process
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediary holding company for HD Hyundai’s shipbuilding business, has signed a definitive agreement with Siemens Digital Industries Software for the implementation of a next-generation marine platform that will digitally connect the enti

GEOxyz brings survey expertise to South Korea through local partnership
Belgium-headquartered GEOxyz is bringing its capabilities to South Korea with the establishment of a strategic partnership with local companies for the provision of offshore survey services. GEOxyz reported today, July 23, that it had signed a memorandum of understanding (MoU) with SKY Offshore and

South Korean cable maker takes delivery of its second cable laying vessel
South Korea’s Taihan Cable & Solution has completed the delivery of its second cable-laying vessel (CLV) ahead of the planned schedule, following the acquisition from Norwegian DOF Group. Taihan reported in May that it had acquired the 2016-built Skandi Connector from DOF, representing the second of