Korea National Oil Corporation Selected as Final Investor Advisor for East Sea Deepwater Gas Field by S&P Global

Bid Opening in September and Negotiations After Selecting Priority Negotiation Candidates

Considering Expertise in Related Fields and Possession of Global Networks

Korea National Oil Corporation (President Kim Dong-seop) has finally selected S&P Global as the investment advisory firm for the East Sea deep-sea gas field.

Korea National Oil Corporation.

The Oil Corporation explained that it began the bidding process for the investment advisory firm in early September, selected a preferred negotiation candidate by the end of the same month, and has been conducting negotiations since then, ultimately choosing S&P Global.

The Oil Corporation plans to establish an investment attraction strategy together with the advisory firm and carry out full-scale investment attraction activities.

S&P Global is an institution that provides financial services such as credit rating and financial information analysis, as well as analysis services for the energy sector and mobility data.

S&P Global is known as a specialized company that analyzes and forecasts the global energy market, identifies price trends by raw materials, and conducts investment-related research and advisory services such as M&A.

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