Tag Archives: Samsung

Samsung Heavy Industries Co., the world’s second-biggest shipbuilder by orders, said Wednesday it has won a 815 billion-won ($734 million) order to build four liquefied natural gas ships for an African customer. Samsung Heavy plans to supply the ships by May 2024, the company said. Since Monday, the company has …

Republic of Korea’s Samsung is to participate in building gas carriers at Russia’s Zvezda shipyard in the Far East, according to the press office of the Presidential Plenipotentiary in the Far Eastern Federal District. The announcement comes after a meeting between the Co-Chairmen of the Organizing Committee of the year …

Samsung Heavy Industries said Tuesday it obtained a detailed design approval from the US ship classification organization American Bureau of Shipping for its natural gas liquefaction cycle technology, the first in the shipbuilding industry. The shipbuilder said, upon the approval, it can save costs for the payment of technology fees …

Edison owns an 11% stake in the Reggane Nord gas project and had recently renewed a supply contract running through to 2027.

Novatek has now requested exemption from having to contract with a domestic shipyard.

Samsung SDI is investing €1.2bn to expand the production capacity of lithium-ion cells and battery packs for electric vehicles in its existing plant located in Göd.

An Indian manufacturing company of various brands of home appliances. said that it intends to make investments in Qazvin province.

Fuel cell firm Bloom Energy and shipbuilder Samsung Heavy Industries have teamed up to further develop the technology. which converts gas into power through an electrochemical reaction.

Crude has been weighed down by concerns that demand is slowing. but the focus is now shifting back to supply and geopolitical risks.

Despite Korea’s relatively short history of exploration. Kogas has succeeded in gas exploration in Mozambique and Myanmar.