Danish group signs offshore wind power substation EPC contract with Vietnam firm
Danish Copenhagen Infrastructure Partners (CIP), a leading global offshore wind farm developer, has selected a consortium made up of Vietnam's PTSC M&C and Denmark-based Semco Maritime as the offshore substation supplier for its 500-MW Fengmiao offshore wind farm in Taiwan.
To this effect, an offshore substation engineering procurement and construction (EPC) contract was signed between the two sides in Ho Chi Minh City in early October.
In November 2022, CIP signed a memorandum of understanding (MoU) with PTSC M&C and Semco Maritime to promote cooperation in the engineering procurement and construction of offshore substations in Vietnam as well as other Asian and international markets.
This was the foundation for CIP to expand its global cooperation by including PTSC M&C on its list of preferred suppliers for projects in Taiwan, Japan and other elsewhere.
Following the MoU signing, a number of CIP senior leaders led by CEO Jacob Poulsen visited PTSC M&C's manufacturing site in the southern province of Ba Ria-Vung Tau to discuss the supply of offshore substations for the former's projects in Vietnam and globally.
“This is purely the ‘tip of the iceberg’ in terms of the opportunities that offshore wind in Vietnam itself can deliver to local businesses, employment, and upskilling in the labor market,” said Stuart Livesey, CEO of Copenhagen Offshore Partners Vietnam and representative of CIP in Vietnam.
Claire Lohan, CEO of the Fengmiao project, said this is a large-scale contract signed for the project, based on the capacity of suppliers in the region, specifically PTSC M&C in Vietnam.
Meanwhile, CEO Dong Xuan Thang of PTSC M&C, a subsidiary of the Petrovietnam Technical Services Corporation (PTSC), said the Fengmiao project continues to expand PTSC M&C's track record in the offshore wind sector.
“We hope the success of the project will be a strategic milestone between PTSC M&C and CIP, so that we can provide offshore substations for their other projects in the region, especially in Vietnam,” he stressed.
CIP is one of the world's top three offshore wind power developers and the largest renewable energy investor in the world, with more than 50 gigawatts of offshore wind power being developed, constructed and operated globally.
In Taiwan, CIP has developed two offshore wind projects, Changfang Xidao and Zhong Neng, with a total capacity of about 900 MW. Its third project there is the 500 MW Fengmiao offshore wind farm, located about 35km off the coast of Taichung in central Taiwan.
In Vietnam, the Danish group is developing the La Gan offshore wind power project off the coast of Binh Thuan province in the south-central region.
PTSC M&C, established in 2001, specializes in providing EPC and engineering design, purchasing-trading-fabrication, construction, installation and commissioning-maintenance (EPCIC) services for oil and gas and renewable energy projects. So far, it has handed over 80 oil and gas projects such as central processing platforms, wellhead platforms, and subsea modules to domestic and international projects.
Meanwhile, Semco Maritime, headquartered in Denmark, is an international engineering and contracting company dedicated to projects in the energy sector. It delivers optimal solutions in the transition to clean energy and ensures responsible fossil fuel exploitation processes.
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