PERTH (miningweekly.com) – Australian oil and gas major Woodside Energy has extended its partnership with Korea Gas Corporation (Kogas), signing a memorandum of understanding (MoU) on Monday.
The MoU renewed a partnership that had been in place since 2011, and promoted further cooperation between the two companies on a number of fronts, including developing future business arrangements, knowledge sharing, staff secondments, joint technology studies and workshops.
Woodside CEO Peter Coleman said the MoU gave both companies scope to create material benefits by working together to realise new project opportunities.
“The business case for continuing our cooperation with Kogas is clear. Their capabilities and technological innovations in liquefied natural gas (LNG) are world class and complement Woodside’s business.”
Woodside currently supplies LNG gas to Kogas, primarily from its Pluto project, in Western Australia.