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AMEC Signs MoU to Help Grow South Korean
Energy Industry


AMEC plc has signed a Memorandum of Understanding (MoU) with the Korea Electric Power Corporation (KEPCO) and Korea Gas Corporation (KOGAS) to develop energy-related business opportunities and projects both in South Korea and internationally.

The MoU is intended to help South Korea play a pivotal role in the energy economy in Asia and developing the country's energy assets around the world including, for example, gas fields in the Middle East.

The three companies will work together, sharing their respective expertise to achieve mutual benefits across a potentially wide range of energy projects including thermal and nuclear power, gas, coal, renewable energy and carbon reduction. The agreement will also play a part in expanding and improving the country's skill base in Project Management Consultancy, enabling the partners to pursue international opportunities in that field.

Posted 24/10/08

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