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EPCIC FOR OFFSHORE FACILITIES. PTSC is a key subsidiary of Vietnam Oil and Gas Group (PetroVietnam - PVN) specialized in providing mechanical services for Oil and Gas development projects, including: Engineering, Procurement, Fabrication, Construction, Transportation, Installation, Hook-up & Commissioning (EPC/EPCIC) for offshore facilities in ...
Vietnam | East Asia | World Oil Online
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Harbour Energy exits Vietnam with $84 million sale of offshore assets. August 10, 2023. Harbour Energy has entered into Sale and Purchase Agreements to sell its business in Vietnam, which includes ...
Vietnam - Latest oil and gas news | Upstream Online
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Eni returning to exploration action offshore Vietnam Published 30 April 2024 0:01 GMT Exploration Hibiscus strikes oil with PM3 CAA wildcat Published 28 April 2024 23:04 GMT Energy ...
Vietnam: Borrowing Offshore From Vietnam Questions & Answers - Mondaq
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Offshore borrowings by the private sector in 2023 reached around 26% of GDP, surpassing 2021's figure of 23%. The FDI segment remains key, taking most of the big ticket borrowings. For example, there were several construction financings in 2023, like the financing for the construction of the largest water purifier production facility in Vietnam ...
Vietnam’s Offshore Wind Power Holdup: Unpacked
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In fact, Vietnams offshore wind power potential is among the best in the world. However, realising this opportunity is taking quite a while. 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 ...
Borrowing Offshore From Vietnam – Question & Answers.
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Offshore lenders can take moveable assets in Vietnam, such as shares, bank accounts, receivables, machinery and equipment, and the like as collateral. The law recognizes the right of an offshore lender to receive security enforcement proceeds from Vietnam, as long as the money is remitted through a designated local bank (which needs to be specified in the SBVN registration of the offshore loan).
Six miles and beyond: Vietnam draft law sets offshore boundary
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The figure for offshore wind power remains zero, it notes. Under Vietnam's Power Development Plan VIII approved in May 2023, the country planned to increase offshore wind power capacity to 6 GW by 2030, envisaging this to increase to 70-91.5 GW by 2050, accounting for 4% and 14.3-16% of the total energy mix, respectively.
Ørsted plans building 3.9-GW offshore wind farm in Vietnam - report
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Danish energy major Ørsted A/S (CPH:ORSTED) is planning to pour up to USD 13.6 billion (EUR 11.75bn) to deploy 3.9 GW of offshore wind turbines in Vietnamese waters, local news agency VNA said. The huge project is expected to be executed in three phases at an overall investment ranging between USD 11.9 billion and USD 13.6 billion. According ...
Vietnam approves 2021-2030 power plan with 6-GW offshore wind goal
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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 ...
Ørsted to partner with Vietnamese energy contractor on offshore wind
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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.
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Outlook positive for Vietnam"s wind power - vir.com.vn
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Vietnam plans to increase its offshore wind power capacity from zero in 2023 to 6GW by 2030, with a target of 70-91.5GW of offshore wind power by 2050. To achieve this goal, investors, developers, and contractors need to prepare a skilled and high-quality workforce, especially for large-scale offshore wind projects.
30 Lessons When Working with Offshore Companies in Vietnam
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Working with offshore companies, especially those in Vietnam, can bring many benefits to businesses such as cost savings and access to high-quality labor resources. However, alongside these benefits, collaborating with offshore companies also carries many risks if not done carefully and attentively. This article will share 30 lessons learned ...
Read Exclusive Offshore Renewable News Here Today | 4C Offshore
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Premium. 4C Offshore Premium, our most popular subscription, gives you full access to use the 4C Offshore WebApp which includes exclusive offshore wind, transmission and vessel reports, news and downloads. Request a 30 minute Demo. All News.
Fishery logistics center on Truong Sa - A cornerstone for fishermen ...
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To support Vietnams fishermen, many fisheries logistics centers have been established on islands such as Truong Sa Lon (Big Spratly) and Da Tay (West Reef), providing free fresh water, and supplying provisions, food, and fuel, etc., at prices equivalent to those on the mainland, while also providing rescue assistance to those in need and ensuring the safety of their vessels.
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 Incorporation and Petro Vietnam to develop offshore wind project ...
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Japan-based Renova Incorporation and Petro Vietnam Technical Services Corporation (PTSC) have signed a memorandum of understanding (MoU) to develop an offshore wind power project in Vietnam. The scope of the MoU includes scouting, preparation, offshore survey, development, construction, implementation, operation, and maintenance of the project. The company is aiming for the commercialisation ...
Mainstream shares good news for Vietnam offshore wind project
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The first 200 MW portion of the 1.4-GW Phu Cuong Soc Trang offshore wind project in Vietnam has secured a Decision on Investment and an Investment Registration Certification (IRC) from the local provincial government, Mainstream Renewable Power said today. The Ireland-based company is developing the 1.4-GW project off the southern coast of ...
MODEC
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MODEC has been providing competitive floating solutions for the offshore oil and gas industry and is recognized as a leading specialist for Floating Production Storage and Offloading (FPSO) vessels, Floating Storage and Offloading (FSO) vessels, Floating LNGs (FLNGs), Tension Leg Platforms (TLPs), and Production Semi-submersibles.
Marubeni seeks cooperation in sustainable aviation fuel, offshore wind ...
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Marubeni Asian Power Singapore Pte Ltd., a wholly-owned subsidiary of Japanese multi-sector giant Marubeni, is seeking to cooperate with Vietnamese businesses in sustainable aviation fuel and renewable energy, particular offshore wind power. Delegations of Marubeni and EVN at a meeting in Hanoi on April 24, 2024. Photo courtesy of EVN.
Beacon Fund backs CAS Energy on renewable energy expansion
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Vietnam develops offshore hydrogen production. Vietnam News Agency 10/03/2024. Green energy – A trend in sustainable development. Vietnam News Agency 07/01/2024. Energy transition to help Vietnam realise net-zero emissions goal. Vietnam News Agency 29/12/2023.

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