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
Robert Allan Ltd. to Design Fully Electric AmpRA 3600 Tug for Tianjin Port
U-Ming Marine Conducts First Bunkering of FAME B24 Biofuel
DNV Validates Electric Hydrogen’s HYPRPlant for Safety, Efficiency and Commercial Readiness
Nepal Eyes Green Hydrogen Future with Policy Push and Hydropower Potential
India Tests First Hydrogen-Powered Rail Coach at ICF Chennai
Scandlines Nears Delivery of Zero Emissions Ferry Following Successful Sea Trials
India faces emission roadblocks with rising net-zero demands
Green Energy Resources invests in two electric Liebherr LHM 550