The creation of Fugro UST21 establishes Fugro’s first permanent presence in the country.
Jerry Paisley, Fugro’s Regional Sales Director for APAC, stated: “We’ve already been working closely with UST21 for several years, but this new office allows us to better support our valued South Korean clients and meet their growing offshore needs as part of the green energy transition. South Korea is the world’s eighth largest power consumer, while the offshore windfarm market predicts around 14 GW of fixed-bottom and floating wind projects to come online by 2030, so our new office is perfectly timed to capture these opportunities and unlock Geo-data insights for South Korea’s offshore windfarm developments.”
Jongwook Kim, UST21’s CEO, stated:” We established UST21 in 1999, having recognized the importance of marine surveys for offshore construction around the South Korean peninsula. Opening the Fugro UST21 office combines our ocean data experience of over 20 years with Fugro’s advanced technology to offer unparalleled Geo-data solutions to help build and maintain South Korea’s future offshore windfarms, while also contributing to the blue economy.”