Doosan Heavy Industries & Construction Signs MOU with Korea National Oil Corporation for Floating Offshore Wind Power

At the Korea National Oil Corporation headquarters in Ulsan on the 10th, Yang Soo-young, President of Korea National Oil Corporation, and Jung Yeon-in, President of Doosan Heavy Industries & Construction (left), are taking a commemorative photo after signing the MOU at the 'Agreement Ceremony for Cooperation in Establishing a Korean Supply System for the Donghae 1 Floating Offshore Wind Power Project.'

[Asia Economy Reporter Changhwan Lee] Doosan Heavy Industries & Construction announced on the 10th that it has signed a Memorandum of Understanding (MOU) with Korea National Oil Corporation on "Mutual Cooperation for Establishing a Korean Supply System for the Donghae 1 Floating Offshore Wind Power Project."

The signing ceremony held at the Korea National Oil Corporation headquarters was attended by Yang Soo-young, President of Korea National Oil Corporation, Jung Yeon-in, President of Doosan Heavy Industries & Construction, and other officials from both companies.

Through this agreement, Korea National Oil Corporation plans to promote the development of the power complex by sharing business plans and licensing matters for prompt commercialization, while Doosan Heavy Industries & Construction will be responsible for manufacturing the floating offshore wind turbine generators.

Jung Yeon-in, President of Doosan Heavy Industries & Construction, said, "We will do our best to ensure the successful promotion of the project by combining Korea National Oil Corporation's commitment to fostering the floating offshore wind power industry with Doosan Heavy Industries & Construction's offshore wind power technology." He added, "In line with the Green New Deal policy, we will enhance offshore wind power technology suitable for the domestic environment and contribute to revitalizing the domestic industrial ecosystem."

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