PeruCompleting vertical integration of production systems in Peru

Since we started crude oil production from block 8 in Peru in 1996, we expanded production from block 88 in 2004 and block 56 in 2008. In 2010, we completed an integrated LNG project from production, pipelines and LNG production to exports.

VietnamFully involved from exploration to development and commercial production

In 1998, we obtained block the 15-1 exploration license in Vietnam and started crude oil production in 2003 after five years of exploration and development. In September 2014, we also succeeded in the 'Su Tu Nau' oilfield development.

U.S.AAdvancing into the U.S., a major oil-producing market

In March 2014, we entered the U.S. market by taking over two oil blocks in Oklahoma and Texas. This has helped us establish ourselves as an 'E&P business insider in the U.S.' and also successfully accumulate unconventional resource development technologies and capabilities.

ChinaBeing the first Korean company to explore oil blocks in the South China Sea

In February 2015, we signed contracts to explore blocks in the South China Sea that potentially holds plenty of crude oil jointly with the China National Offshore Oil Corporation (CNOOC). As such, we make continuous efforts to secure crude oil in China and Southeast Asia.