European offshore wind vessel operator ESVAGT is expanding into South Korea through a new joint venture with KMC Line, aiming to support the country’s goal of reaching 18.3 GW of offshore wind capacity by 2030. The partnership combines ESVAGT’s technical expertise with KMC Line’s local knowledge to elevate Korea’s offshore wind sector.
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Europes ESVAGT and South Koreas KMC Line have formed KESTO, a joint venture to support the countrys offshore wind expansion, targeting 18.3 GW by 2030 with specialized maritime services. The partnership combines European expertise with local market insight to meet growing demand for wind farm construction and maintenance.
Read MoreThree industry giants—NNPC Shipping, Stena Bulk, and Caverton Marine—have joined forces to revolutionize West Africa’s maritime energy transport. This bold new alliance promises to modernize Nigeria’s infrastructure, enhance regional logistics, and position the country as a global energy powerhouse.
Read More“Eni and Petronas are joining forces in a groundbreaking partnership that could redefine Southeast Asia’s energy sector. With billions of barrels of oil equivalent at stake, this alliance aims to dominate the LNG market while unlocking new exploration opportunities. Here’s how they plan to do it.”
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