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Total articles
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Debate intensifies over ActGeo amid Blue Whale project's economic failures
Debate intensifies over ActGeo amid Blue Whale project's economic failures
As the economic feasibility of the East Sea gas field development project, known as the Blue Whale project, has been revealed to be lacking, controversy surrounding the American consulting firm ACT-GE...
2025.02.07(Fri)
|Ahn So-young
Yoon's Blue Whale briefing stirs controversy as parties clash over economic viability
As the results of the first drilling of the Blue Whale project, which President Yoon Suk-yeol personally briefed, revealed low economic feasibility, criticism poured in, especially from the opposition...
2025.02.07(Fri)
|Lee Mi-ho
Korea's Blue Whale drilling faces budget challenges amid economic viability doubts
As the drilling results of the promising structure 'Blue Whale', where gas and oil reserves were expected, concluded that "there is no economic feasibility," the remaining six promising structure dril...
2025.02.07(Fri)
|Park So-jeong
Government faces backlash over failed Blue Whale drilling amid inflated expectations
President Yoon Suk-yeol directly announced that the first drilling for the Donghae deep-sea gas field development project, which drew national attention, ended in failure. Despite rosy prospects sugge...
2025.02.07(Fri)
|Yun Hee-hun
Actgeo faces skepticism as Blue Whale Project shows low feasibility for Devil Shark
The gas field development project in the deep sea of the East Sea, referred to as the 'Blue Whale Project,' has revealed low economic feasibility from the first drilling results, damaging the credibil...
2025.02.07(Fri)
|Jin Sang-hoon
Lee Jae-myung criticizes Blue Whale project for wasting funds on high-end GPUs
Lee Jae-myung, the leader of the Democratic Party of Korea, recently condemned the recently concluded deep-sea gas exploration in the East Sea with the promising structure 'Blue Whale' as a 'Blue Whal...
2025.02.07(Fri)
|Song Bok-gyu
Kwon Seong-dong urges continued drilling in Blue Whale project despite feasibility concerns
Ruling party National Assembly Representative Kwon Seong-dong said on the 7th regarding the first exploratory drilling of the Donghae deep-sea gas field development project named 'Blue Whale,' that th...
2025.02.07(Fri)
|Park Suk-hyeon
KOSPI stocks plummet following Blue Whale project's economic viability concerns
The so-called "Blue Whale" deep-sea gas field development project in the East Sea has been deemed "not economically viable" based on the initial exploration drilling results, leading to a sharp declin...
2025.02.07(Fri)
|Park Ji-young
South Korea's Blue Whale drilling halts; exploration shifts to six structures
The Blue Whale deep-sea gas prospect in the East Sea, named '대왕고래', has been deemed economically unviable based on exploratory drilling results, leading to increased interest in the future procedures ...
2025.02.07(Fri)
|Jeong Jae-hwon
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