ExxonMobil, the largest major oil and gas company in the Western world, has shown interest in the Korea National Oil Corporation’s (KNOC) roadshow and participated in verifying the economic feasibility analysis of the “Blue Whale Project.” This project, located in the East Sea, boasts estimated reserves of up to 14 billion barrels, valued at around 2,000 trillion won (around $1.48 trillion). Despite its participation, ExxonMobil has not yet made an investment decision.
