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About us
major achievements
operating statistics
Operation summary
Overseas E&P
Domestic E&P
Petroleum stockpiling
financial information
 
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Operation summary
 
KNOC strives to fulfill its responsibility and to contribute to economic development through stabilizing oil supplies.
 
Sub-division
  - Overseas exploration & production
- Domestic exploration & production
Main tasks
  - Overseas oilfield development
- Exploration of Korean continental shelves
- Production of natural gas in Donghae-1 gas field
Sub-division
  - Strategic oil stockpiling
Main tasks
  - Stockpiling facility operations
- Strategic stockpiling in order to stabilize oil supply and hedge potential risks  that may arise from oil price fluctuation
 
E & P worldwide
- 18 production projects
- 1 development projects
- 7 exploration projects
 
2020 performance
Overseas E & P Domestic E & P
Total reserves(mmboe, 2P) 1057.5 Total reserves(mmboe) -
Production (mboe/d) 135.19 Production (mboe/d) 1.2
 
Petroleum Stockpiling(2021 Performance)
Total revenues 122.7
Gross profits 122.7
Stockpiling volume 146.0
Department Contacts Updated
Updated : 2021-12-31 Department : E&P Overseas Business Dept. I Contacts : +82)52-216-3213
Department Contacts Updated
Updated : 2022-03-16 Department : Petroleum Stockpile Management Dept. Contacts : +82)52-216-5017

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