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BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Project Management
daewoo.com

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Founded Year

1967

Stage

Acquired | Acquired

About POSCO DAEWOO

POSCO DAEWOO engages in the trading of a wide range of products from steel, automotive and components, machinery and industrial electronics to non-ferrous metal, food resources, chemicals, commodities and textiles, with both local and international customers. The company actively promotes resource development projects as one of the driving forces of its future growth.

POSCO DAEWOO Headquarter Location

165, Convensia-daero, Yeonsu-gu

Incheon, 21998,

South Korea

+82-2-759-2114

Latest POSCO DAEWOO News

Posco Daewoo announces Myanmar gas field test results

Feb 18, 2020

Korean energy company Posco Daewoo has announced the results of gas testing in the Mahar field, west of Myanmar. A test drill in the A-3 block found a gas reserve capable of producing 38 million cubic feet (1.08 million cubic metres) per day. Testing began on 12 January and reached a depth of 2,598m. The well was made in the Mach Prospectus area of the Bay of Bengal, close to three other fields being worked by the company. The new well is around 30km south of the existing Sheh gas field and will be developed with it. It is also 24km north-west of the Yan Aung Myin field, where Posco Daewoo expects to carry out further test drilling. Extraction is expected to begin in 2021. The company will then analyse flow for two years and develop a plan for connecting the two wells, potentially connecting the new site as well. The block was originally licensed to Posco Daewoo in February 2004. The Shwe and Shwe Phyu gas fields were discovered in the company’s stakes in 2004 and 2005. The Mya field was discovered in block A-3 in 2006. Combined, the fields are believe to hold over 4.5tn cubic feet (127bn cubic metres). The UK left the European Union on 31 January. Do you think this will be a positive or a negative for the UK oil and gas industry? Strongly positive

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POSCO DAEWOO Patents

POSCO DAEWOO has filed 665 patents.

The 3 most popular patent topics include:

  • Steels
  • Metallurgy
  • Metalworking
patents chart

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1/22/2017

9/7/2021

MicroRNA, Scanning probe microscopy, Molecular biology, Nanotechnology, Transcription factors

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9/7/2021

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Related Topics

MicroRNA, Scanning probe microscopy, Molecular biology, Nanotechnology, Transcription factors

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Grant

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