Geo-data firm Fugro extends presence in Vietnam amid growing interest in offshore wind

Geo-data firm Fugro extends presence in Vietnam amid growing interest in offshore wind

Netherlands-headquartered surveying company firm Fugro has extended a memorandum of understanding (MoU) with Vietnam’s PTSC Geos & Subsea Services Co., Ltd (PTSC G&S) to continue marine site surveys for offshore wind amid high demand for geo-data.

Energy - Wed, March 13, 2024 | 10:36 am

Singaporean government to help Petrovietnam unit’s 1.2 GW electricity export project

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 - Tue, March 5, 2024 | 7:36 pm

Petrovietnam, PTSC must establish renewable energy hub in southern Vietnam: Deputy PM

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, February 5, 2024 | 11:20 am

McDermott awarded $1 bln contract for gas development project in Vietnam

McDermott awarded $1 bln contract for gas development project in Vietnam

U.S. headquartered McDermott, a provider of engineering and construction solutions, will execute a $1 billion contract for a sub-project of the $12 billion Block B-O Mon gas-to-power project off Vietnam's southwest coast.

Energy - Thu, November 2, 2023 | 4:14 pm

Singapore’s Sembcorp to import 1.2 GW of renewable energy from Vietnam

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 - Tue, October 24, 2023 | 3:37 pm

Danish group signs offshore wind power substation EPC contract with Vietnam firm

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.

Economy - Sun, October 15, 2023 | 10:07 am

Two PMs power Vietnam-Singapore Industrial Parks development, bilateral ties

Two PMs power Vietnam-Singapore Industrial Parks development, bilateral ties

Vietnamese Prime Minister Pham Minh Chinh and his Singaporean counterpart Lee Hsien Loong keep acting as a driving force for the development of Vietnam-Singapore Industrial Parks (VSIPs) in Vietnam.

Economy - Tue, August 29, 2023 | 11:54 am

Firms gain permit to conduct surveys for power exports to Singapore

Firms gain permit to conduct surveys for power exports to Singapore

PTSC, the technical arm of state-owned Petrovietnam, has become the first and only company to receive a permit for wind, marine and geological surveys for a project to export electricity to Singapore.

Energy - Tue, August 29, 2023 | 11:14 am

Petrovietnam seeks sea survey license in August for electricity export to Singapore

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 - Sat, August 12, 2023 | 9:42 am

Lack of policies blows foreign wind power investors out of Vietnam: PTSC executive

Lack of policies blows foreign wind power investors out of Vietnam: PTSC executive

A lack of detailed policies and guidelines for wind energy investment in Vietnam is making foreign investors turn to other markets, said Le Manh Cuong, CEO of Petrovietnam Technical Services Corp (PTSC).

Energy - Thu, June 15, 2023 | 3:17 pm

Petrovietnam tech arm PTSC to build substations for giant Polish wind power project

Petrovietnam tech arm PTSC to build substations for giant Polish wind power project

Vietnam's PTSC Mechanical and Construction Company (PTSC M&C) has been awarded a contract to build substations for the 1.5 GW Baltica 2 offshore wind farm project 40 kilometers off the Polish coast.

Companies - Thu, June 15, 2023 | 11:09 am

Vietnam's PTSC, Norway's DNV collaborate on offshore wind power design

Vietnam's PTSC, Norway's DNV collaborate on offshore wind power design

Vietnam's PTSC Mechanical and Construction Company (PTSC M&C) and Norway's DNV, a provider of digital solutions, have signed a memorandum of understanding for offshore wind power design.

Energy - Tue, June 13, 2023 | 10:39 pm

Petrovietnam tech unit plans wind power exports to Singapore

Petrovietnam tech unit plans wind power exports to Singapore

Petrovietnam Technical Services Corp (PTSC) has asked Ba Ria-Vung Tau authorities to approve an ocean survey for a mega project to export offshore wind power to Singapore.

Energy - Thu, June 8, 2023 | 5:27 pm

Malaysia energy firm Yinson renews lease on Petrovietnam vessel for $75 mln

Malaysia energy firm Yinson renews lease on Petrovietnam vessel for $75 mln

Malaysia’s Yinson Production will pay $74.6 million for a five-year extension on a bareboat charter contract for the PTSC Bien Dong 01, a floating storage and offloading (FSO) vessel owned by Petrovietnam’s technical arm PTSC.

Companies - Wed, June 7, 2023 | 5:11 pm