Exploration

Farm-in partners sought for South Korean assets as multi-billion boe wildcat disappoints

Korea National Oil Corporation seeking partners for four offshore blocks in the frontier Ulleung basin

Seadrill's drillship West Capella (pictured) recently completed drilling of KNOC's Blue Whale wildcat offshore South Korea.
Seadrill's drillship West Capella (pictured) recently completed drilling of KNOC's Blue Whale wildcat offshore South Korea.Photo: SEADRILL
Asia Bureau ChiefSingapore
Published 9 April 2025, 23:25Updated 10 April 2025, 08:52
Korea National Oil CorporationSouth KoreaSeadrillACT GEOMinistry of Trade, Industry and Energy