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Can Vietnam reach its offshore wind power goals? | Opinion | Eco ...
www.eco-business.com/opinion/can-vietnam-reach-its-offshore-wind-power-goals Private View
Offshore wind power is expected to play an important role in Vietnam’s bid for net-zero emissions by 2050. Vietnam’s Power Development Plan 8 (PDP8) envisages a domestic offshore wind capacity of approximately 6 gigawatt (GW), 4 per cent of the country’s total electricity generation capacity, by 2030. This capacity is expected to increase to 70-91.5 GW by 2050, accounting for 14 to 16 ...
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Offshore wind power is expected to play an important role in Vietnam’s bid for net-zero emissions by 2050. Vietnam’s Power Development Plan 8 (PDP8) envisages a domestic offshore wind capacity of approximately 6 gigawatt (GW), 4 per cent of the country’s total electricity generation capacity, by 2030. This capacity is expected to increase to 70-91.5 GW by 2050, accounting for 14 to 16 ...
Pharos gets go-ahead for TGT modifications offshore Vietnam
www.offshore-mag.com/field-development/article/14303778/pharos-gets-go-ahead... Private View
Offshore staff. LONDON — Vietnam’s government has approved Hoang Long Joint Operating Co.’s revised development plan for the Te Giac Trang (TGT) Field in Block 16-1 in the offshore Nam Con Son Basin, according to partner Pharos Energy in a brief update.. TGT, which came onstream in 2011, produces oil and gas. The oil heads through a subsea pipeline to a nearby leased FPSO, while the gas ...
Offshore staff. LONDON — Vietnam’s government has approved Hoang Long Joint Operating Co.’s revised development plan for the Te Giac Trang (TGT) Field in Block 16-1 in the offshore Nam Con Son Basin, according to partner Pharos Energy in a brief update.. TGT, which came onstream in 2011, produces oil and gas. The oil heads through a subsea pipeline to a nearby leased FPSO, while the gas ...
Offshore Technology
www.offshore-technology.com/newsletters/vietnam-block-b-epc-contract/?type=... Private View
Credit: Goodvibes Photo/Shutterstock. Phu Quoc Petroleum Operating Company (PQPOC) has given a limited letter of award to a consortium of McDermott and Petrovietnam Technical Services Corporation (PTSC) for a gas project offshore Vietnam. The limited letter of award is intended for engineering, procurement, construction, installation (EPCI ...
Credit: Goodvibes Photo/Shutterstock. Phu Quoc Petroleum Operating Company (PQPOC) has given a limited letter of award to a consortium of McDermott and Petrovietnam Technical Services Corporation (PTSC) for a gas project offshore Vietnam. The limited letter of award is intended for engineering, procurement, construction, installation (EPCI ...
Phu Quoc Petroleum offers letter of award for Block B project
www.offshore-technology.com/news/vietnam-block-b-epc-contract Private View
Phu Quoc Petroleum Operating Company (PQPOC) has given a limited letter of award to a consortium of McDermott and Petrovietnam Technical Services Corporation (PTSC) for a gas project offshore Vietnam.. The limited letter of award is intended for engineering, procurement, construction, installation (EPCI), and hook-up and commissioning (HUC) services.
Phu Quoc Petroleum Operating Company (PQPOC) has given a limited letter of award to a consortium of McDermott and Petrovietnam Technical Services Corporation (PTSC) for a gas project offshore Vietnam.. The limited letter of award is intended for engineering, procurement, construction, installation (EPCI), and hook-up and commissioning (HUC) services.
Vietnam's M&A Laws: Comparison with other Asian regions | Law.asia
law.asia/comparison-mergers-acquisitions-laws-vietnam Private View
Tel: +84 24 3772 6688. Email: nguyen.l@tilleke.com. Prior to 2015, Vietnam did not have specific laws regarding corporate income tax for indirect transfers, namely transactions involving transfers at the offshore holding company level, instead of direct targets in Vietnam.
Tel: +84 24 3772 6688. Email: nguyen.l@tilleke.com. Prior to 2015, Vietnam did not have specific laws regarding corporate income tax for indirect transfers, namely transactions involving transfers at the offshore holding company level, instead of direct targets in Vietnam.
Japan’s Marubeni intends to replace Ørsted in operating Vietnam's ...
www.reccessary.com/en/news/vn-market/japan-marubeni-intends-replace-orsted... Private View
Besides Marubeni, Norway's Equinor and Petrovietnam signed a MOU in the clean energy sector in November. Equinor has more than 50 years of experience in offshore power and ventured into offshore wind power in 2008. Jacques-Etienne Michel, the Country Manager of Equinor in Vietnam, emphasized that Vietnam's appeal as an attractive nation.
Besides Marubeni, Norway's Equinor and Petrovietnam signed a MOU in the clean energy sector in November. Equinor has more than 50 years of experience in offshore power and ventured into offshore wind power in 2008. Jacques-Etienne Michel, the Country Manager of Equinor in Vietnam, emphasized that Vietnam's appeal as an attractive nation.
Q&A | Understanding Vietnam’s Emergence as the World’s Newest LNG ...
www.energypolicy.columbia.edu/qa-understanding-vietnams-emergence-as-the... Private View
These could be a good fit for Vietnam. Delta Offshore Energy launched a Request for Proposal (RFP) in September 2020 [32] for 25 years of LNG supply of 2.5–3 MTPA. Some of the potential LNG-to-power projects supported by international players (such as JERA and ExxonMobil) could also be supplied from these companies’ LNG portfolios.
These could be a good fit for Vietnam. Delta Offshore Energy launched a Request for Proposal (RFP) in September 2020 [32] for 25 years of LNG supply of 2.5–3 MTPA. Some of the potential LNG-to-power projects supported by international players (such as JERA and ExxonMobil) could also be supplied from these companies’ LNG portfolios.
Vietnam - Latest oil and gas news | Upstream Online
www.upstreamonline.com/tag/Vietnam Private View
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 Transition ...
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 Transition ...
Murphy Oil: An Offshore Discovery Heads Towards Production
seekingalpha.com/article/4654376-murphy-oil-an-offshore-discovery-heads... Private View
Summary. Murphy Oil Corporation has made a successful discovery in Vietnam that could add 30,000 to 40,000 BOED to its production. The company's lease holdings in Vietnam have the potential to ...
Summary. Murphy Oil Corporation has made a successful discovery in Vietnam that could add 30,000 to 40,000 BOED to its production. The company's lease holdings in Vietnam have the potential to ...
Fugro extends offshore wind partnership with PTSC G&S in Vietnam
www.power-technology.com/news/fugro-offshore-wind-partnership-vietnam Private View
Dutch survey company Fugro has renewed its collaboration with PTSC Geos & Subsea Services (G&S) to deliver site characterisation services to the offshore wind sector in Vietnam. Under the two-year extension of their memorandum of understanding (MoU), Fugro will provide geophysical, geotechnical and metocean data services in the country.
Dutch survey company Fugro has renewed its collaboration with PTSC Geos & Subsea Services (G&S) to deliver site characterisation services to the offshore wind sector in Vietnam. Under the two-year extension of their memorandum of understanding (MoU), Fugro will provide geophysical, geotechnical and metocean data services in the country.
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The Wait is Over - Vietnam's New Offshore Loan Regulations Will Take ...
www.mayerbrown.com/en/insights/publications/2023/08/the-wait-is-over-vietnams... Private View
Vietnamese law generally requires offshore loans to be disbursed in foreign currency, since VND-denominated loans are only permitted in limited circumstances (e.g., a foreign-invested company borrows money from its foreign shareholder’s profits which are distributed in VND, or the borrower is a micro-finance institution).
Vietnamese law generally requires offshore loans to be disbursed in foreign currency, since VND-denominated loans are only permitted in limited circumstances (e.g., a foreign-invested company borrows money from its foreign shareholder’s profits which are distributed in VND, or the borrower is a micro-finance institution).
Tokyo Gas establishes LNG-to-power project in Vietnam
www.offshore-technology.com/news/tokyo-gas-establishes-lng-to-power-project-in... Private View
In recent years, Vietnam has become an increasingly important oil and gas producer. Holding Asia’s third-largest reserves of oil, the nation has been working to increase its offshore exploration activities to boost trade and innovation.. The Su Tu (Lion) oilfield in Vietnam’s portion of the South China Sea was Asia’s fifth-largest producing oil field in 2022.
In recent years, Vietnam has become an increasingly important oil and gas producer. Holding Asia’s third-largest reserves of oil, the nation has been working to increase its offshore exploration activities to boost trade and innovation.. The Su Tu (Lion) oilfield in Vietnam’s portion of the South China Sea was Asia’s fifth-largest producing oil field in 2022.
McDermott-PTSC Consortium Tapped for $1B Vietnam Offshore Gas Project
www.oedigital.com/news/509120-mcdermott-ptsc-consortium-tapped-for-1b-vietnam... Private View
A McDermott-Petrovietnam Technical Services Corporation (PTSC) consortium has received a limited letter of award from Vietnam's Phu Quoc Petroleum Operating Company for engineering, procurement, construction, installation (EPCI), and hook-up and commissioning (HUC) services. Under the full project scope, the consortium will provide EPCI and HUC ...
A McDermott-Petrovietnam Technical Services Corporation (PTSC) consortium has received a limited letter of award from Vietnam's Phu Quoc Petroleum Operating Company for engineering, procurement, construction, installation (EPCI), and hook-up and commissioning (HUC) services. Under the full project scope, the consortium will provide EPCI and HUC ...
Home - PTSC
www.ptsc.com.vn/en-US/Default.aspx Private View
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 ...
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 ...
Corio Joins Hands with Vietnam’s Power Utility to Advance Offshore Wind
www.oedigital.com/news/512134-corio-joins-hands-with-vietnam-s-power-utility... Private View
The partnership underscores Corio’s commitment to supporting Vietnam’s net zero emissions goal, which includes a 6 GW target of offshore wind supply to the domestic market by 2030 and between 70-91.5 GW by 2050. Corio has been developing a fixed-bottom project of up to 3 GW in Binh Thuan since 2019, prior to Corio’s launch as a new brand ...
The partnership underscores Corio’s commitment to supporting Vietnam’s net zero emissions goal, which includes a 6 GW target of offshore wind supply to the domestic market by 2030 and between 70-91.5 GW by 2050. Corio has been developing a fixed-bottom project of up to 3 GW in Binh Thuan since 2019, prior to Corio’s launch as a new brand ...
Vietnam Will Struggle to Meet 2030 Offshore wind goal, Top Official Says
www.oedigital.com/news/509337-vietnam-will-struggle-to-meet-2030-offshore-wind... Private View
Vietnam's foray into offshore wind comes just as the industry faces higher borrowing costs and supply delays that have derailed projects across the world, including in the United States and Britain. G7 members have raised concerns for Vietnam's "lack of appropriate policies, regulations and procedures" in a document prepared ahead of the UN ...
Vietnam's foray into offshore wind comes just as the industry faces higher borrowing costs and supply delays that have derailed projects across the world, including in the United States and Britain. G7 members have raised concerns for Vietnam's "lack of appropriate policies, regulations and procedures" in a document prepared ahead of the UN ...
Harnessing Vietnam's Offshore Software Development Potential: A ...
www.cekindo.vn/blog/harnessing-vietnams-offshore-software-development... Private View
About Us. InCorp Vietnam is a leading provider of global market entry services. We are part of InCorp group, a regional leader in corporate solutions, that encompasses 8 countries in Asia-Pacific, headquartered in Singapore.With over 1,100 legal experts serving over 15,000 Corporate Clients across the region, our expertise speaks for itself.
About Us. InCorp Vietnam is a leading provider of global market entry services. We are part of InCorp group, a regional leader in corporate solutions, that encompasses 8 countries in Asia-Pacific, headquartered in Singapore.With over 1,100 legal experts serving over 15,000 Corporate Clients across the region, our expertise speaks for itself.
The Wait Is Over - Vietnam's New Offshore Loan Regulations ... - Mondaq
www.mondaq.com/financial-restructuring/1350342 Private View
Vietnamese law generally requires offshore loans to be disbursed in foreign currency, since VND-denominated loans are only permitted in limited circumstances (e.g., a foreign-invested company borrows money from its foreign shareholder's profits which are distributed in VND, or the borrower is a micro-finance institution).
Vietnamese law generally requires offshore loans to be disbursed in foreign currency, since VND-denominated loans are only permitted in limited circumstances (e.g., a foreign-invested company borrows money from its foreign shareholder's profits which are distributed in VND, or the borrower is a micro-finance institution).
Vietnam - Power Generation, Transmission, and Distribution
www.trade.gov/country-commercial-guides/vietnam-power-generation-transmission... Private View
PDP8 prioritizes renewable energy, particularly offshore wind energy, in the long term. Vietnam aims to complete the coal phase-out by 2050. ... Vietnam’s installed solar power capacity reached around 19 GW in 2022. Decision 13/2020/QD-TTg issued in April 2020, fixed the solar feed-in tariffs (FIT) in Vietnam at 7.09 U.S. cents/kWh for ground ...
PDP8 prioritizes renewable energy, particularly offshore wind energy, in the long term. Vietnam aims to complete the coal phase-out by 2050. ... Vietnam’s installed solar power capacity reached around 19 GW in 2022. Decision 13/2020/QD-TTg issued in April 2020, fixed the solar feed-in tariffs (FIT) in Vietnam at 7.09 U.S. cents/kWh for ground ...
ONGC Videsh secures extension for oil block offshore Vietnam
www.offshore-technology.com/news/ongc-videsh-vietnam-oil-exploration Private View
ONGC’s unit entered Vietnam as early as 1988 when it secured exploration licence for Block 06.1. In the 2022–23 fiscal year, ONGC Videsh produced 0.693 million tonne of condensate and oil equivalent gas from Block 06.1, which it owns a 45% stake in. The Vietnam government has extended the Block 06.1 PSC for another 16 years, which was ...
ONGC’s unit entered Vietnam as early as 1988 when it secured exploration licence for Block 06.1. In the 2022–23 fiscal year, ONGC Videsh produced 0.693 million tonne of condensate and oil equivalent gas from Block 06.1, which it owns a 45% stake in. The Vietnam government has extended the Block 06.1 PSC for another 16 years, which was ...