ABS has signed memoranda of understanding with several Korean entities, including Korea Gas, to advance local research and development efforts, according to a news release.

The scope of the agreement includes technological cooperation, training, and co-hosting seminars related to R&D in offshore LNG development, including LNG cargo containment systems, LNG floating storage and regasification units, floating storage and offloading units, LNG-fueled ships, bunkering, and subsea exploration and production, the release said.

In addition to the Kogas agreement, ABS signed MOUs for academic collaboration with Pusan National University on and Seoul National University.