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

The 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 support the country’s developing offshore wind industry and ambitious offshore wind targets, as published in the 8th Power Development Plan (PDP8) in 2023. These include an initial target of approximately 6 GW of offshore wind energy by 2030, and 70 GW to 91.5 GW by 2050, which is critical for the country to achieve its goal of carbon neutral by 2050.

Jerry Paisley, Fugro’s regional strategic sales and marketing director, said, “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 help develop Vietnam’s offshore wind market.”

Truong Tuan Nghia, director of PTSC G&S, said, "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.”

Fugro is the world’s leading geo-data specialist, collecting and analysing comprehensive information about the Earth and the structures built upon it. Adopting an integrated approach that incorporates acquisition and analysis of geo-data and related advice, Fugro provides solutions.

Meanwhile, PTSC G&S, a subsidiary of PetroVietnam Technical Services Corporation (PTSC), is an experienced contractor in providing a comprehensive range of survey and associated services for the oil and gas industry.