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Barossa Project, Australia

The Barossa project is a gas and condensate field located in the Bonaparte Basin of the Timor Sea, offshore Australia. ....

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Expanded lending limit to boost Eximbank's arms deal support

The parliamentary approval of a revision bill to hike the Export-Import Bank of Korea’s (Eximbank) capital limit is drawing optimism that the state-run lender can better serve Korea’s goal of becoming one of the world’s top five arms exporters by 2027. ....

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Seoul's arms deal with Saudis clinched but giant Polish sale hangs in the balance

Seoul's arms deal with Saudis clinched but giant Polish sale hangs in the balance
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KOGAS, Samsung Heavy criticized for controversial Mozambique LNG project

An environmental group has condemned Korean companies and banks involved in an ongoing liquefied natural gas (LNG) extraction project in the waters off Mozambique, arguing that the project has forcibly displaced local residents and increased the amount of greenhouse gases released into the atmosphere, according to the Seoul-based organization, Monday. ....

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[KH Explains] W30tr arms deal with Poland at risk as financing scheme stuck in limbo

South Korea's ambitious multibillion-dollar arms export deals with Poland may be at risk, as the National Assembly continues to sit dormant on a bill that must be passed in order to for the deals to come through. Having signed an initial comprehensive arms export agreement worth 17 trillion won ($12.7 billion) for tanks, howitzers and fighter jets in July 2022, the related Korean defense companies Hyundai Rot. ....

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