Vietnam’s Offshore Wind Power Holdup: Unpacked 2024

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The Power Development Plan 8–known in short as the PDP8–that was approved last year, was embedded with a target of six gigawatts of offshore wind power by 2030. The implementation plan for the PDP8 released earlier this year, however, did not list a single offshore wind power project. Indeed, Vietnams six gigawatt goal is looking ...
Six miles and beyond: Vietnam draft law sets offshore boundary
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Sat, May 4, 2024 | 3:35 pm GMT+7. Wind power plants with all turbines located six nautical miles beyond the nation’s sea area will be deemed offshore, per draft amendments to the Law on Electricity. Prepared by the Ministry of Industry and Trade, the draft says the seabed depth of offshore wind power projects will be determined later in line ...
Vietnam approves 2021-2030 power plan with 6-GW offshore wind goal - Renewablesnow.com
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Vietnams Prime Minister Pham Minh Chinh on Tuesday approved the country’s Power Development Plan 8 (PDP8) for the period 2021-2030, with a vision to 2050, which includes a target of 6,000 MW of offshore wind by 2030. The long-delayed plan envisages USD 134.7 billion (EUR 124.4bn) of investment in the development of power sources and grid ...
Developer awards contracts for Vietnam's largest intertidal wind project
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The developer of the 350-MW intertidal wind project off the coast of Vietnams Ca Mau Province has awarded a couple of important contracts in the course of a month. In November, the local Trading Construction Works Organization (WTO) signed an agreement under which China Gezhouba Group Company (CGGC) will take on the engineering, procurement ...
Ørsted to partner with Vietnamese energy contractor on offshore wind - Renewablesnow.com
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Danish offshore wind developer Ørsted (CPH:ORSTED) on Monday said it has signed a memorandum of understanding (MoU) with PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C) to collaborate on offshore wind projects. PTSC M&C is a turn-key contractor serving the upstream, downstream and renewables energy sectors.
Port Infrastructure in Vietnam 3 Regional Hubs for Importers and Exporters
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In 2022, Vietnams total sea cargo throughput amounted to approximately 368.68 million metric tons. Among the regions, Southern Vietnam recorded the highest sea cargo throughput, totaling 219.7 million metric tons, followed by 98.3 million metric tons in Northern Vietnam and 50.6 million metric tons in Central Vietnam.
East Asia | World Oil Online
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Hibiscus Petroleum makes second oil discovery from Bunga Aster exploration well offshore Malaysia, Vietnam. April 29, 2024. The Bunga Aster-1 well encountered approximately 17.5 m of oil-bearing ...
HONG KONG BUSINESS ASSOCIATION VIETNAM
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Sembcorp said the Vietnam offshore wind farm could start operating by 2033 subject to approvals and barring unforeseen events. To achieve net zero carbon emissions by 2050, the Singapore Government plans to import 30 per cent of its electricity needs by 2035 from clean energy sources as well as introduce a progressive carbon tax roadmap.
Vietnam Offshore Development Center: Comprehensive Guide - LinkedIn
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Vietnam Offshore Development Center - A rising star in Southeast Asia Vietnam overview Location: Southeast Asia Time zone: GMT+7 Population: 99,4 million (02/2023) ICT market size: 136 billion USD ...
Marubeni seeks offshore wind power, green industrial park investment in northern Vietnam
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Vietnams northern province of Thai Binh is working to facilitate Japanese giant Marubeni’s offshore wind power and green industrial park projects, said Thai Binh Chairman Nguyen Khac Than. The provincial leader made the statement at a Wednesday meeting with representatives from a joint venture between Marubeni and its Vietnamese partner T&T Group.
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Offshore wind power - Wikipedia
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Offshore wind power or offshore wind energy is the generation of electricity through wind farms in bodies of water, usually at sea. There are higher wind speeds offshore than on land, so offshore farms generate more electricity per amount of capacity installed. [1] Offshore wind farms are also less controversial [2] than those on land, as they ...
Mainstream shares good news for Vietnam offshore wind project - Renewablesnow.com
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Mainstream will now work with Vietnams national electricity company, EVN, to complete the grid connection agreement and the project’s power purchase agreement (PPA). “The Phu Cuong Soc Trang project promises to be a catalyst for the development of a true offshore wind industry of a scale that will promote the achievement of net zero by 2050,” said Cameron Smith, Mainstream’s general ...
Asia-Pacific upstream in brief Report | Wood Mackenzie
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Report summary. The latest stories and trends in the Asia-Pacific upstream sector combined with our expert opinion and analysis. We add commentary on events as they break to keep you informed in real-time. Snapshot of recent stories: - Papua LNG FID delayed by rising costs - Waitsia gas plant further delayed - PTTEP hits G1/61 Erawan production ...
Pharos preparing to resume drilling offshore southern Vietnam
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Offshore staff. LONDON — Pharos Energy expects to start a new two-well drilling program later this year on the TGT Field offshore southern Vietnam. It is also in talks with the Vietnamese regulators on license extensions for TGT and the CNV Field. Farm-in talks continue concerning Pharos’ exploration blocks 125 and 126 offshore eastern ...
Vietnam Offshore Hydropower Market Embracing the Future Comprehensive Strategies for Business Success | Taiwan News | May. 7, 2024 ... - 台湾新闻
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Vietnam Offshore Hydropower Market” report, published by Report Ocean, presents a comprehensive analysis of the product’s/service industry, examining both historical patterns and future prospects from 2024 to 2032.
Vietsovpetro to invest $28 mln to further exploit White Tiger oil field
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Vietnam-Russia joint venture Vietsovpetro plans to invest $28 million in further exploitation of the Bach Ho (White Tiger) oil field in Block 09-1 offshore Vietnam. Vietsovpetro is a joint venture between Russian and Vietnamese state-owned oil & gas majors Zarubezhneft and Petrovietnam. According to a draft assessment in the project’s ...
Fourth LNG shipment reaches Vietnam’s port - Offshore Energy
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Vietnam Gas Corporation (PV GAS), a subsidiary of state-owned PetroVietnam, has welcomed its fourth liquefied natural gas (LNG) shipment at the country’s Cai Mep – Thi Vai port. Point Fortin ship arrives at the Cai Mep - Thi Vai port; Source: PV GAS. The Point Fortin tanker carrying more than 60,000 tons of LNG arrived at the port on May 13 ...
Top 11 Offshore Software Development Companies in Vietnam 2024
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FPT Software ranks among Vietnams leading offshore software development companies in Vietnam, boasting a workforce of over 32,000 professionals. They offer an extensive array of services ranging from Digital platforms and RPA to AI, smart cities, IoT, Cloud, AR/VR, enterprise mobilization, managed services, business applications, application services, testing, and platform modernization.
Renova, PTSC ink MoU for offshore wind in Vietnam - Renewablesnow.com
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Japanese renewable power producer Renova Inc (TYO:9519) has joined forces with Ho Chi Minh City-based Petrovietnam Technical Services Corporation (PTSC), which provides services for the oil-and-gas industry, to work on offshore wind development in Vietnam. This week, the two companies signed a memorandum of understanding (MoU), outlining ...
Liquids storage terminal profile: Quang Yen Liquids Storage Terminal, Vietnam - Offshore Technology
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Share. Yen Hung vn Petrochemical will operate the upcoming Quang Yen liquids storage terminal, located in Quang Ninh, Vietnam. According to GlobalData, who tracks more than 5,000 active and developing liquids storage terminals worldwide, the liquids storage terminal will be owned by E1 and others and is expected to start operations in 2025.