McDermott has agreed to work with KOGAS to explore the development of large-scale liquid hydrogen storage to support South Korea’s Hydrogen Economy Roadmap.
McDermott’s storage business CB&I and Korea Gas Corporation (KOGAS) have signed a memorandum of understanding in this regard.
CB&I specializes in designing and building field-erected pressure spheres capable of storing liquid hydrogen.
South Korea announced plans to achieve carbon neutrality by 2050 by replacing coal-fired power generation with renewable sources and internal combustion engine vehicles with hydrogen-powered and battery-based electric vehicles in 2021.
Tags: CB&I, Hydrogen, Korea Gas, McDermott
Recent Posts
Adani launches India’s first hydrogen-powered truck
MAN Energy Solutions Completes Type Approval Test for Upgraded Dual-Fuel GenSet
Global Shipyards Launch Alliance to Accelerate Maritime Sustainability
Port of Antwerp-Bruges Launches Volta 1, Europe’s First Fully Electric Tugboat
CMA CGM Adds Second Methanol-Powered Vessel ‘Argon’ to Its Fleet
Electric Orkney Project Launches Game-Changing Hydrofoil Vessel ‘Zevi 1’
Zeppelin Power Systems Unveils Hydrogen-Powered Fuel Cell Generator in Hamburg
FueLNG Completes 400th LNG Ship-to-Ship Bunkering Operation in Singapore