S. Korean firm wins $2 billion contract for UAE offshore oil development

S. Korean firm wins $2 billion contract for UAE offshore oil development

Special to WorldTribune.com ABU DHABI — The United Arab Emirates has progressed in development of an offshore crude oil field. The UAE project called for the second phase of development of the Nasser field off the coast of Abu Dhabi. Executives said the UAE wanted to bolster production from the current 22,000 to 65,000 barrels […]

Memo to Seoul on the great Pacific Ocean aircraft carrier race

Memo to Seoul on the great Pacific Ocean aircraft carrier race

Special to WorldTribune.com By Donald Kirk, East-Asia-Intel.com Could aircraft carriers be the next big thing for Korea’s enormous shipbuilding industry, the world’s best and biggest? With orders down during the global economic slowdown, it would seem logical that Hyundai Heavy Industries and some of its rivals bring up the topic of aircraft carrier production with […]

The power politics of mourning Kim Jong-Il: It’s complicated

The power politics of mourning Kim Jong-Il: It’s complicated

Special to WorldTribune.com By Donald Kirk, East-Asia-Intel.com SEOUL — North Korea is playing a skillful game of funeral diplomacy and politics that’s dividing South Koreans and leaving everyone to wonder who’s doing what to whom in the corridors of power in Pyongyang. All North Korean strategists have had to do is issue a huge welcome […]