Extended Agreement to Keep Fugro Busy Offshore Vietnam

March 12, 2024, by Adnan Memija

Fugro has extended its Memorandum of Understanding (MoU) with PTSC Geos & Subesa Services (PTSC G&S) to provide site characterisation services to support Vietnam’s offshore wind sector.

Under the two-year agreement, Fugro’s full range of marine site characterisation services will be deployed with PTSC G&S’s local survey capabilities to support Vietnam’s growing offshore wind industry.

The Dutch company said that this extended MoU represents a milestone in Fugro and PTSC G&S’s partnership, which was set up in 2011, and reflects both parties’ commitment to supporting the country’s developing offshore wind industry and ambitious offshore wind targets.

“Vietnam holds tremendous potential for offshore wind power and, after over a decade of working here with our local partner, PTSC G&S, we’re thrilled to be unlocking Geo-data insights to now help develop Vietnam’s offshore wind market,” said Jerry Paisley, Fugro’s Regional Strategic Sales and Marketing Director.

In 2021, the partners were awarded contracts to provide survey services for the Thang Long Wind and La Gan offshore wind projects in Taiwan.

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“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 valued clients across Vietnam’s energy industry,” said Truong Tuan Nghia, PTSC G&S Director.

Vietnam’s offshore wind target for 2030 has been set to 6 GW, with the government aiming to reach between 70 GW and 91.5 GW by 2050.