Woodside Finds South Korean Partners to Advance LNG Value Chain

July 9, 2025

Woodside Finds South Korean Partners to Advance LNG Value Chain
© aerial-drone / Adobe Stock

Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services and shipping logistics.

The MoU will see the parties focus on advancing execution capability and extending their reach into priority LNG markets.

The combination of Woodside’s success in LNG development, Hyundai Engineering’s extensive engineering, procurement and construction experience, and Hyundai Glovis’s global shipping reach positions the parties to respond to growing LNG demand across Asia-Pacific markets and selected new regions.

 “Woodside is pleased to be deepening our longstanding relationship with Hyundai through this agreement. We are confident the synergies and complementary strengths of our organizations will support the delivery of high-quality LNG solutions to meet growing global demand,” said Mark Abbotsford, Woodside Executive Vice President and Chief Commercial Officer.

“This agreement allows Hyundai Engineering to broaden our global LNG experience by working alongside a world-class LNG developer. We are confident in our ability to add value across the full engineering spectrum and deliver integrated solutions for Woodside projects,” added Myoung-Kun Son, Hyundai Engineering Chief Operating Officer.

Fugro Finds Partners for New Subsea Assets Data and Monitoring Platform

July 8, 2025

Fugro Finds Partners for New Subsea Assets Data and Monitoring Platform

EnBW, BP Secure Consent for 1.5GW Offshore Wind Farm in UK

July 7, 2025

EnBW, BP Secure Consent for 1.5GW Offshore Wind Farm in UK

Triton FPSO Set to Come Back Online with Full Ramp Up to Follow

June 30, 2025

Triton FPSO Set to Come Back Online with Full Ramp Up to Follow

Canada Joins LNG Export Nations as First Cargo Sets Sail

July 1, 2025

Canada Joins LNG Export Nations as First Cargo Sets Sail

OPT Secures US Patent for Floating Marine Vehicle Charging System

June 27, 2025

OPT Secures US Patent for Floating Marine Vehicle Charging System

Norwegian Firm Gets Electricity License for South Korean Offshore Wind Project

July 3, 2025

Norwegian Firm Gets Electricity License for South Korean Offshore Wind Project