Atlantis Inks Strategic Partnership Agreement with Hyundai

Atlantis Resources has signed a strategic partnership agreement (SPA) with South Korean Hyundai Engineering & Construction regarding collaborating on the development of ocean power renewable projects. 

The particular focus for the collaboration is on the development of the domestic tidal stream market in South Korea and internationally as well as tidal range and floating offshore wind projects.

The initial objectives of the SPA are to:

·    initiate the design and development of a 100MW tidal stream project in the south of Korea;

·    progress the design, development and delivery of tidal stream projects Atlantis is pursuing in South East Asia, such as Indonesia and the Philippines;

·    design cost effective foundations for tidal stream and offshore wind turbines; and

·    explore opportunities to partner on the construction of tidal range projects globally.

Tim Cornelius, CEO of Atlantis, said: “We are delighted to enter into this agreement with such a highly respected, substantial and experienced company like Hyundai E&C.”

Share this article

Follow Subsea World News

Events>

<< Jul 2017 >>
MTWTFSS
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Kuwait Oil & Gas Show

Kuwait Oil & Gas Show is the Kuwait International Fair Ground in Kuwait City, Kuwait. This event showcases product from Chemicals & Dyes, Electronics & Electrical Goods, Hand, Machine & Garden Tools, Petroleum, Oil & Gas, Power & Renewable Energy industries. More info

read more >

SPE Offshore Europe 2017

Attending SPE Offshore Europe, recognised by offshore E&P professionals as Europe’s leading E&P exhibition and conference, will ensure…

read more >

Offshore Site Investigation & Geotechnics Committee 8th International Conference “Smarter Solutions for Future Offshore Developments”

The conference series, which has run since 1979, offers a unique opportunity for geotechnical engineers, geoscientists and academics…

read more >

Oil & Gas Indonesia 2017

Oil & Gas Indonesia (OGI) is an exhibition focused on Oil and Gas Exploration, Production and Refining and showcases the largest exhibition…

read more >