Input: May 10, 2022, 6:43 PM | Reporter Choi Se-heon, Busan Ilbo cornie@busan.com
A South Korean marine exploration company has secured the nation’s first-ever contract for a marine geophysical survey using domestic technology, garnering significant attention.
GeoView Co., Ltd., a South Korean marine exploration specialist, announced on the 10th that it had signed a contract with Equinor, the Norwegian state-owned energy company, to conduct the marine geophysical survey for the Ulsan Floating Offshore Wind Farm. This marks the first time a domestic company has been awarded a marine geophysical survey contract.
Ulsan Floating Offshore Wind Farm
GeoView signs a contract with Equinor
Equinor, the largest company in Northern Europe’s oil and gas sector, operates in over 30 countries worldwide, developing and supplying energy from oil, gas, wind, and solar sources. The company is currently advancing the Ulsan Floating Offshore Wind Farm project in South Korea.
Under the contract, GeoView will use its GeoView No. 1 vessel to perform marine geophysical surveys, including seabed mapping, seafloor imaging, high-frequency and low-frequency sub-bottom profiling, and geomagnetic surveys, entirely using domestic technology.
Established in 2005 and now in its 18th year, GeoView developed a 3D seismic survey field system in 2017. In 2018, it successfully localized the “Combined System,” integrating a seabed cone penetration test (CPT) operating system with sediment core sampling equipment known as a Vibrocorer. Through consistent R&D efforts, the company has accumulated technological expertise in South Korea, a country once considered barren in the marine industry.
GeoView is also the first domestic marine exploration company to export technical services, earning recognition for its capabilities and experience on an international scale.
Kim Hyun-do, CEO of GeoView, stated, “Through long-term and continuous investment in technology development and the accumulation of capabilities through project execution, we have met global standard requirements. This marine geophysical survey project will be executed successfully, taking Korea’s technological level to new heights.”
Reporter Choi Se-heon, cornie@busan.com
