Private company in natural resource development, POSCO DAEWOO has entered into a memorandum of understanding with gas supplier Korea Gas Corp. to develop natural resources and related technologies.
- Both companies will expand their presence in the energy sector by sharing information on natural resource development and related technologies.
- POSCO DAEWOO will use its right to operate a large gas field in Myanmar and share its knowledge on natural resource development, production and operation to boost Korea’s development of natural resources.
- Companies will also form a committee to explore business opportunities and the capabilities of technologies.
Image courtesy of POSCO DAEWOO.
Read more about the MOU via POSCO DAEWOO’s press release.
Fathom-News
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