No offshore wind projects in Vietnam until 2028: global council
“No real offshore wind projects are likely to be built in Vietnam until the end of 2024-2028 period,” says the Global Wind Energy Council (GWEC).
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
CS Wind’s Vietnam unit to deliver wind turbines to South Korea project
CS Wind Vietnam, a unit of South Korea’s CS Wind Corporation, has held a ceremony for delivery of first wind turbines from its factory in Vietnam’s southern province of Ba Ria-Vung Tau to South Korea’s southwestern province of Jeonnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Russia's Zarubezhneft eyes Vietnam offshore wind power projects
Russian oil-gas giant Zarubezhneft is looking to expand its operations in Vietnam to offshore wind power projects, general director Sergey Ivanovich Kudryashov told Prime Minister Pham Minh Chinh Monday.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korea’s CS Wind launches $80 mln wind tower plant in Vietnam
CS Wind Vietnam, a unit of South Korea’s CS Wind Corporation, on Wednesday inaugurated an $80 million offshore wind tower factory in Vietnam’s southern coastal province of Ba Ria-Vung Tau.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Russia's Zarubezhneft to harvest offshore Vietnam gas field from 2025
Russia’s state-owned Zarubezhneft will begin to harvest next year the 10.03 billion cubic meter Thien Nga-Hai Au gas field, 320 kilometers southeast off the southern province of Ba Ria-Vung Tau.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Australia’s Corio Generation plans offshore wind energy projects in Vietnam
Corio Generation, an offshore wind energy branch of Australia’s Macquarie's Green Investment Group, plans to make infrastructure investments in Vietnam, said its Asia-Pacific (APAC) head Yi-Hua Lu.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danish energy fund CIP, Petrovietnam to cooperate in offshore wind power
Denmark’s Copenhagen Infrastructure Partners (CIP), via its Growth Market Funds, and state-owned Petrovietnam have signed a memorandum of understanding on renewable energy and offshore wind power.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
EVN subsidiary, Australian firm to cooperate in offshore wind power development
EVNGENCO 3, a subsidiary of state utility Vietnam Electricity (EVN), and Australian offshore wind developer Corio Generation on Tuesday signed a memorandum of understanding on offshore wind power development in Vietnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singaporean government to help Petrovietnam unit’s 1.2 GW electricity export project
The Singaporean government will continue backing PTSC, the technical arm of state-owned Petrovietnam, to deploy a project to export 1.2 GW of offshore wind power from Vietnam to Singapore.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Norway willing to help Vietnam with energy transition: ambassador
Norway is willing to help state-owned Petrovietnam with energy transition and offshore wind power, said Norwegian Ambassador to Vietnam Hilde Solbakken.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam, PTSC must establish renewable energy hub in southern Vietnam: Deputy PM
State-owned Petrovietnam and its technical arm PTSC should cooperate with localities to establish a renewable energy hub in the southern region, said Deputy Prime Minister Tran Hong Ha.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Siemens Energy proposes EVN cooperation for offshore wind power transmission
Siemens Energy Vietnam has proposed cooperation with state utility Vietnam Electricity (EVN) in the transmission of offshore wind power projects’ output using high voltage direct current (HVDC) technology.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Marubeni eyes offshore wind power in northern Vietnam
Japanese conglomerate Marubeni plans to make offshore wind power investments in Vietnam’s northern province of Thai Binh, the firm made the suggestion at a recent meeting with provincial authorities.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Copenhagen Infrastructure Partners launches $3 bln fund, Vietnam in focus
Denmark’s Copenhagen Infrastructure Partners (CIP) has launched the Growth Markets Fund II (GMF II) with a target fund size of $3 billion that will focus on 15 countries including Vietnam.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam urged to prioritize building clear frameworks for offshore wind power
To encourage investments in green transition, the Vietnamese government should build a clear framework for offshore wind energy, an unnamed energy firm said at the Vietnam Business Forum on the sidelines of the COP28 in Dubai, the UAE.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam should speed up implementation of new power plan, offshore wind projects: Equinor
Petrovietnam and Equinor, two state-owned oil-gas firms of Vietnam and Norway, have signed an agreement on clean energy, extending their cooperation to hydrogen, ammonia, carbon capture and storage. On the occasion, The Investor talks to Jacques-Etienne Michel, country managing director and country representative Equinor Vietnam, on Norway's offshore wind development experiences and the firm's plans in the Southeast Asian country.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korea firm SK Earthon discovers crude oil off southeast Vietnam
SK Earthon, an exploration and production (E&P) subsidiary of South Korean chaebol SK Group, has discovered crude oil in the Block 16-2 off Vietnam's southeast coast.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam, Norway's Equinor extend cooperation to hydrogen, ammonia, carbon storage
State-owned Petrovietnam and Norway’s Equinor have signed an agreement on clean energy, extending their cooperation to hydrogen, ammonia, carbon capture and storage.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Murphy Oil targets 2026 first oil from Vietnam’s Lac Da Vang oilfield
The U.S.-headquartered Murphy Oil Corporation expects to achieve first oil at the Lac Da Vang field off the southern coast of Vietnam in 2026.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Denmark’s CIP eyes large offshore wind power projects in Vietnam
Denmark’s Copenhagen Infrastructure Partners (CIP), a leading global offshore wind farm developer, is looking to cooperate with Vietnamese partners on large-scale (of 500 MW or more) offshore wind power projects.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam military shipbuilder Ba Son, Korea SK ink offshore wind power deal
Ba Son & SREC - a joint venture between the Vietnamese defense ministry’s shipbuilder Ba Son and local builder SRE Construction JSC - and SK Oceanplant, under South Korea’s chaebol SK Group, have signed an offshore wind power deal.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore’s Sembcorp to import 1.2 GW of renewable energy from Vietnam
Sembcorp, an energy and urban development giant, has received conditional approval from Singaporean authorities to import 1.2 gigawatts of renewable electricity from Vietnam to the island nation.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
State utility EVN cannot implement offshore wind power projects: ministry
Vietnam’s current legal framework does not allow state utility Vietnam Electricity (EVN) and other domestic companies to implement offshore wind power projects, according to the Ministry of Industry and Trade.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Mekong Delta province Tra Vinh eyes 14,452 MW in wind power by 2030
Vietnam’s Mekong Delta province of Tra Vinh will prioritize the development of renewable energy, particularly 14,452 MW from wind power, according to its newly-announced plan for 2021-2030, with a vision to 2050.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam eyes energy transition cooperation with Norway’s Equinor
State-owned oil and gas giant Petrovietnam and Norway's largest energy group Equinor have discussed cooperation in energy transition.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Redo draft deployment proposal for national power plan: Deputy PM
Deputy PM Tran Hong Ha has asked the Ministry of Industry and Trade to redo its deployment proposal for the national power development plan VIII (PDP VIII) towards making it more comprehensive.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Slow policy issuance may make offshore wind power investors leave Vietnam: global wind energy council
Vietnam is in a position to attract offshore wind power investments, but failures to timely provide supporting policy can turn investors and suppliers away, the Global Wind Energy Council (GWEC) said.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danish infrastructure fund, Vietnamese steel firm to build offshore wind power structures
Denmark’s Copenhagen Infrastructure Partners (CIP) and Vietnam’s steel structure manufacturer Dai Dung Corp. have signed an agreement on building offshore wind power structures.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
K-sure’s $110 mln funding to boost Vietnam wind tower manufacturing
The Korea Trade Insurance Corporation (K-Sure), which promotes trade and overseas investment of South Korean companies, will provide financial support of $110 million to expand a wind tower plant near Ho Chi Minh City.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam seeks sea survey license in August for electricity export to Singapore
State-owned oil and gas group Petrovietnam wants authorities to grant a sea survey license to its technical arm PTSC this month for an offshore wind power project that will export electricity to Singapore.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam conglomerate Bitexco to acquire oil-gas Block 12W for $84 mln
Big Energy JSC under Vietnamese conglomerate Bitexco Group has announced it will acquire a stake in oil-gas Block 12W for $84 million.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam-Russia oil-gas JV eyes 2,000 MW wind power projects in Tra Vinh province
Vietsovpetro, a Vietnam-Russia joint venture in the oil and gas sector, plans to invest in several offshore wind power projects totaling 2,000 MW in the Mekong Delta province of Tra Vinh.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danish fund to continue investments in Vietnam offshore wind projects
Denmark’s Copenhagen Infrastructure Partners (CIP) will continue to back offshore wind power development in Vietnam, including a mega project in the south-central province of Binh Thuan.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dat Bike to tap more offshore capital sources with HSBC support
HSBC Bank Vietnam signed a strategic agreement with Dat Bike on Wednesday to help the domestic electric motorcycle maker gain better access to financial markets and digitalize its financial operations.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC aims to add 6,000MW offshore wind farm to national power plan
Ho Chi Minh City’s Department of Industry and Trade has proposed adding the 6,000 MW Can Gio offshore wind power project to the National Power Development Plan for 2021-2030, with a vision to 2050 (PDP VIII).
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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