375 results found for 'Vietnam'

375 results found for 'Vietnam'
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  • Fugro, PTSC G&S Extend Offshore Wind Partnership in Vietnam by Two More Years

    14 January 2026
    Business & Finance

    Fugro and PTSC Geos and Subsea Services (PTSC G&S), a branch of Petrovietnam Technical Services Corporation, have signed a new agreement to prolong their partnership in Vietnam by two years. Under an extended Memorandum of Understanding (MoU), the companies will continue jointly supporting Vietnam’s oil & gas and offshore wind industries, combining Fugro’s marine site […]

  • Petrovietnam, Vietnam Electricity Assigned Sea Areas for Offshore Wind Site Investigations

    27 January 2026
    Authorities, Fixed-Bottom, Planning & Permitting

    The Government of Vietnam has assigned sea areas for offshore wind surveys to two state-owned companies, Petrovietnam and Vietnam Electricity (EVN), which are allowed to conduct site investigations for their projects for up to three years without needing to pay concession fees. EVN has been granted 240 square kilometres of sea area offshore the Long […]

  • Semco Maritime, PTSC M&C Ink Formosa 4 Offshore Substation Contract

    29 September 2025
    Contracts & Tenders, Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Supply Chain, Wind Farm Update

    The consortium between Denmark’s Semco Maritime and Vietnam’s PTSC Mechanical & Construction (PTSC M&C) has secured an Engineering, Procurement, and Construction (EPC) contract with Synera Renewable Energy (SRE) for the offshore substation of the Formosa 4 offshore wind farm in Taiwan. Following extensive negotiation rounds, the consortium was awarded the EPC contract in late August […]

  • Denmark’s CIP Inks Offshore Wind Agreement in Vietnam

    25 August 2025
    Business & Finance, Business development, Collaboration, Outlook & Strategy, Research & Development

    Denmark’s Copenhagen Infrastructure Partners (CIP) and Vietnam National Industry – Energy Group (Petrovietnam) signed a joint development agreement (JDA) for one of Vietnam’s first offshore wind projects. The agreement was signed in Hanoi, with the participation of the Danish Embassy in Vietnam. The JDA reflects the alignment between Petrovietnam’s offshore expertise, infrastructure, and skilled workforce, […]

  • Construction of Formosa 4 Offshore Substation Starts in Vietnam

    29 January 2026
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    The consortium between Semco Maritime and PTSC Mechanical & Construction has cut the first steel for the Formosa 4 offshore substation (OSS) at PTSC M&C’s fabrication yard in Vung Tau, Vietnam. Under a contract awarded in late August 2025, the consortium is responsible for the design, procurement, construction, and commissioning of the offshore substation’s jacket […]

  • Vard Starts Building Industry’s ‘First’ Energy Construction Vessel

    8 October 2025
    Vessels

    Vard has cut the first steel for Norwind Offshore’s energy construction vessel (ECV), the first vessel of this category, according to the two companies. A steel-cutting ceremony was held on 6 October at Vard Vung Tau shipyard in Vietnam, kicking off the construction of the vessel, which Norwind Offshore ordered last year. Vard says the ECV […]

  • First Hybrid CSOV from Windcat’s Elevation Series Launched

    26 August 2025
    Vessels

    Windcat has officially launched the first of six hybrid-powered Commissioning Service Operation Vessels (CSOVs) that are part of the company’s newly developed Elevation Series. The CSOV, named Windcat Rotterdam, was constructed at Ha Long Shipyard in Vietnam and developed in collaboration with Damen Shipyards Group, Windcat, and CMB.TECH. “We see a bright future for our […]

  • Equinor Pulls Out of 2 GW Australian Floating Wind Farm; Project Rejects Feasibility Licence

    22 August 2025
    Floating Wind, Project Updates, Wind Farm Update

    The developers behind the Novocastrian floating wind farm have decided not to accept the feasibility licence offered by the Australian government for their up to 2 GW project in the Hunter offshore wind zone. The floating offshore wind farm was being developed by Norway’s energy company Equinor and Oceanex. The plans for the project were […]

  • Damen In Charge of Forging Subsea Crane-Endowed Multi-Purpose Vessel with Five More on the Cards

    26 November 2025
    Business & Finance, Vessels

    Damen Shipyards Group, a Dutch shipbuilding giant, has been tasked with bringing to life a new multi-purpose accommodation support vessel (MP-ASV) for Windcat, a part of CMB.TECH, said to be one of the world’s largest listed, diversified, and future-proof maritime groups, with a fleet of about 250 vessels. An option to build five additional ships […]

  • Substation Stands at Taipower Offshore Wind Project Phase II

    11 August 2025
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    The offshore substation for the Taipower Offshore Wind Project Phase II (TPC Phase II) has been installed at the site in Taiwan. The topside, which left Vietnam in July, was placed on top of its jacket foundation by Shinfox Far East Energy’s SFE Hercules. The launching ceremony for the offshore substation was held at the […]

  • RWE, North Star Sign Multi-Million-Pound Offshore Wind Vessels Deal

    5 August 2025
    Business & Finance, Operations & Maintenance, Vessels

    German renewable energy developer RWE has entered into a long-term partnership with the UK’s shipowner-operator North Star for the charter of two commissioning service operation vessels (CSOVs). The two companies have also signed reservation agreements for two newbuild SOVs delivered by the Norwegian Vard Group. The Grampian Eagle CSOV is chartered for at least twelve years. […]

  • Global Offshore Wind Capacity Reaches 83 GW, 100 GW More to Be Awarded in 2025-2026, New Report Says

    1 August 2025
    Business & Finance, Business development, Fixed-Bottom, Floating Wind

    According to a new market report from the Global Wind Energy Council (GWEC), there are now 83 GW of offshore wind capacity installed globally, with 48 GW more in the construction phase worldwide as of May this year. “Our report finds that there is now already 83 GW of offshore wind installed worldwide, keeping the […]

  • First Damen-Built Elevation Series CSOV for Windcat Completes Sea Trials

    25 July 2025
    Vessels

    Windcat Rotterdam, the first in the Elevation Series of Commissioning Service Operation Vessels (CSOVs) being built by Damen, has completed sea trials. Windcat Rotterdam is now entering the final stages before delivery this summer. The vessel is based on Damen’s proven CSOV design, adapted in close cooperation with its client Windcat. After more than a […]

  • Taipower Phase II Offshore Substation Topside En Route to Taiwan

    1 July 2025
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    The offshore substation topside for the Taipower Offshore Wind Project Phase II (TPC Phase II) has been completed in Vietnam and is now on its way to Taiwan. The topside weighs 3,900 tonnes and integrates all electrical systems, transformers, control systems, and operational utilities. On 26 June, the handover and the launching ceremony of the […]

  • Malaysia, Singapore Eye Importing Offshore Wind Power from Vietnam

    27 May 2025
    Business & Finance, Business development, Collaboration, Outlook & Strategy, Research & Development

    Energy companies from Singapore, Malaysia, and Vietnam have signed a joint development agreement to explore cross-border renewable energy links, focusing on exporting offshore wind power from Vietnam. Through this agreement, Malaysia, as represented by MY Energy Consortium, a consortium established by Tenaga Nasional Berhad and Petroliam Nasional Berhad, will collaborate with a consortium comprising PetroVietnam […]

  • Ørsted Bolsters Vietnam Offshore Wind Ties

    1 November 2022
    Authorities, Business & Finance, Contracts & Tenders, R&D

    Ørsted and T&T Group have signed a landmark agreement with the Ministry of Planning and Investment’s (MPI) National Innovation Center (NIC) to bolster technical capacity and build technological expertise in Vietnam’s offshore wind sector. The goal of this five-year cooperation agreement is to launch an offshore wind research and development (R&D) and training centre under […]

  • Offshore Wind Could Supply 12 Per Cent of Vietnam’s Power by 2035 – World Bank Group

    10 June 2021
    Business & Finance, Contracts & Tenders, Jobs & Recruitment, Operations & Maintenance, R&D, Training & Education

    Offshore wind has the potential to supply 12 per cent of Vietnam’s electricity by 2035, according to the Offshore Wind Roadmap for Vietnam launched by the World Bank Group. The roadmap provides strategic analysis of the offshore wind development potential in Vietnam It was prepared, under contract to the World Bank, by BVG Associates in […]

  • Corio Enters Offshore Wind Partnership with Vietnam’s State-Owned Power Company

    11 March 2024
    Business & Finance, Business development, Fixed-Bottom

    Corio Generation has signed a memorandum of understanding (MOU) with Power Generation Joint Stock Corporation 3 (EVNGENCO3), a subsidiary of Vietnam Electricity (EVN), to collaborate in preparing long-term strategies for offshore wind project development. The MOU between Corio, a portfolio company of Macquarie Asset Management, and the subsidiary of Vietnam’s largest state-owned power company, is […]

  • Marubeni, Doosan Partner for Offshore Wind Development in Vietnam

    1 July 2024
    Business & Finance, Business development, Collaboration, Outlook & Strategy, Research & Development

    Japan’s Marubeni Group and Doosan Enerbility Vietnam (Doosan Vina) have signed a Memorandum of Understanding (MoU) to develop offshore wind power in Vietnam. Following the execution of the MoU, Doosan Vina and Marubeni will jointly study and explore the feasibility and viability of collaboration in Vietnam. Doosan Vina said it plans to manufacture wind turbine […]

  • Ørsted and T&T Group Forge Offshore Wind Alliance in Vietnam

    9 September 2021
    Business & Finance, Contracts & Tenders

    Ørsted and Vietnam’s T&T Group have signed a memorandum of understanding (MOU) to launch a strategic collaboration on offshore wind in Vietnam. The collaboration between Ørsted and T&T is said to bring together a multi-GW pipeline of greenfield offshore wind projects located off the coasts of the Binh Thuan and Ninh Thuan provinces, Vietnam’s most […]

  • Extended Agreement to Keep Fugro Busy Offshore Vietnam

    12 March 2024
    Business & Finance

    Fugro has extended its Memorandum of Understanding (MoU) with PTSC Geos & Subesa Services (PTSC G&S) to provide site characterisation services to support Vietnam’s offshore wind sector. Under the two-year agreement, Fugro’s full range of marine site characterisation services will be deployed with PTSC G&S’s local survey capabilities to support Vietnam’s growing offshore wind industry. […]

  • 1.4 GW Vietnamese Offshore Wind Project Nears Financial Close

    12 November 2021
    Authorities, Business & Finance, Wind Farm Update

    Mainstream Renewable Power has received a Decision on Investment and an Investment Registration Certification (IRC) from the provincial government of Soc Trang for the first 200 MW of the Phu Cuong Soc Trang offshore wind project in Vietnam. The wind farm, once fully complete, will have a capacity of up to 1.4 GW and will […]

  • Wind Measurement Campaign Starts Offshore Vietnam

    27 September 2022
    R&D, Technology, Wind Farm Update

    Mainstream Renewable Power and its partner AIT Corporation have installed a Light Detection and Ranging system (LiDAR) unit at the 500 MW Ben Tre offshore wind farm in Vietnam. The LiDAR was placed on a fixed platform and deployed in Vietnam’s East Sea, 40 kilometres from the coast of Ben Tre Province at water depths of […]

  • Vietnam and Mainstream Staging Offshore Wind Event

    28 April 2021
    Authorities, Business & Finance

    Mainstream Renewable Power and Vietnam’s Department of Foreign Affairs for Provinces have signed a Memorandum of Understanding (MoU) to stage a capacity-building event to increase regional government engagement in the development of offshore wind. The focus of the event, which is expected to be held in the second half of the year, will be to […]

  • Ørsted Partners with Universities from Vietnam and Denmark to Help Vietnam’s Offshore Wind

    5 December 2022
    Contracts & Tenders

    Ørsted has partnered with the Hanoi University of Science and Technology (HUST) and the Technical University of Denmark (DTU) to enhance technology research and provide talent training for offshore wind in Vietnam. This academic cooperation is the first initiative under the memorandum of understanding (MoU) on Capacity Building and Technology Transfer for offshore wind in […]

  • Mainstream and AIT to Jointly Develop 500 MW Offshore Wind Farm in Vietnam

    4 November 2020
    Business & Finance, Wind Farm Update

    Mainstream Renewable Power has signed a Joint Development Agreement with Vietnam’s Advance Information Technologies Corporation (AIT) to co-develop a 500 MW offshore wind project in Ben Tre province, Vietnam. The wind farm project is expected to reach financial close and start construction by 2023/24 and reach commercial operation by 2025/26, Mainstream Renewable Power said. “Mainstream […]