Dutch surveyor Fugro has extended its Memorandum of Understanding (MoU) with PTSC Geos & Subsea Services (PTSC G&S) to continue marine site surveys for offshore wind.
Under the two-year agreement, Fugro’s full range of marine site characterisation services and PTSC G&S’s local survey capabilities will support Vietnam’s growing offshore wind industry.
This partnership between Fugro and PTSC G&S was set up in 2011 and is supporting the country’s developing offshore wind industry and offshore wind targets announced in 2023.
These include an initial target of approximately 6GW of offshore wind energy by 2030, and 70 to 91.5GW by 2050 – both critical for the country to achieve its carbon neutrality goal by 2050.
“With over four decades of experience serving the Vietnamese and wider Southeast Asian market, we’re pleased to be extending our agreement with Fugro so we can carry on delivering comprehensive geophysical, geotechnical, and metocean surveys to our clients across Vietnam’s energy industry,” said Truong Tuan Nghia, PTSC G&S director.
This announcement comes one day after Corio Generation signed an MoU with a subsidiary of Vietnam Electricity – the largest state-owned power company – as part of a strategy to bring offshore wind energy to the country.
Corio has already been developing a fixed-bottom wind project in Vietnam since 2019. The 3GW Binh Thuan farm started development before Corio’s launch as a new brand in offshore wind in April 2022.
