Fugro has extended its partnership with PTSC Geos and Subsea Services (PTSC G&S) to provide marine site characterization services in Vietnam, supporting rising demand…
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Fugro has extended its partnership with PTSC Geos and Subsea Services (PTSC G&S) to provide marine site characterization services in Vietnam, supporting rising demand from both the oil and gas sector and the country’s growing offshore wind industry.
Under a new two-year extension to an existing memorandum of understanding, Fugro’s geophysical, geotechnical and metocean services will be combined with PTSC G&S’ local survey capabilities to support offshore energy developments in Vietnam.
The partnership between Fugro and PTSC G&S, a branch of Petrovietnam Technical Services Corporation, was established in 2011. The latest agreement builds on more than a decade of cooperation and reflects a shared commitment to supporting Vietnam’s offshore wind ambitions outlined in the country’s eighth Power Development Plan.
Vietnam has set a target of installing around 6 GW of offshore wind capacity by 2030, rising to between 70 and 91.5 GW by 2050, as part of its plan to achieve carbon neutrality by mid-century.
“With over three decades of experience serving the Vietnamese and wider Asian market, we’re pleased to be extending our agreement with Fugro so we can carry on
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