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
The Liberian Registry and Korean Register (KR) grant AiP to Samsung
To satisfy decarbonization targets, Big Oil invests billions in the manufacture of biofuel
ISO issues standards for methanol as a marine fuel
Amazon, partners to test electric trucks on a freight corridor in India
Hutchison Ports BEST receives Lean and Green award for outstanding emissions reduction
India ranks 10th in list of 60 countries assessed for efforts to fight climate change: Report
SECI to collaborate with H2Global for green hydrogen
Maersk completes first large container vessel conversion to dual-fuel