Korea National Oil Corporation (KNOC) is the national oil and gas company of South Korea and one of the most important industrial companies in the country. The company operates oil and gas fields in Vietnam, Libya, Peru, Indonesia, Nigeria, Yemen, Kazakhstan, Russia, Canada and South Korea. Currently, KNOC has oil field development projects in 17 countries.
KNOC is pioneering the Carbon Capture and Storage business in Korea to keep pace with the era of ‘Carbon Neutrality,’ tapping into its capabilities and experience in the field of resource development. KNOC also aims to build new growth momentum in the renewable energy sector by converting the Donghae Gas Field into an offshore wind farm.