Fugro has announced the extension of its Memorandum of Understanding (MOU) with PTSC Geos & Subsea Services Co., Ltd (PTSC G&S) to address the increasing demand for geophysical, geotechnical, and metocean data services in Vietnam. This two-year agreement will leverage Fugro’s comprehensive marine site characterisation services and PTSC G&S’s local survey capabilities to support Vietnam’s burgeoning offshore wind industry.
The extension of this MOU marks a significant milestone in the partnership between Fugro and PTSC G&S, established in 2011. It underscores the shared commitment of both entities to bolster Vietnam’s evolving offshore wind sector, aligning with the ambitious goals outlined in the 8th Power Development Plan (PDP8) of 2023. These objectives include an initial target of approximately 6 GW of offshore wind energy by 2030 and an ambitious 70 GW to 91.5 GW by 2050, crucial for Vietnam’s aspirations to achieve carbon neutrality by 2050.
Jerry Paisley, Fugro’s Regional Strategic Sales and Marketing Director, expressed enthusiasm about the potential for offshore wind power in Vietnam. Having collaborated with local partner PTSC G&S for over a decade, Fugro is eager to contribute Geo-data insights to foster the development of Vietnam’s offshore wind market.
Truong Tuan Nghia, Director of PTSC G&S, highlighted the satisfaction of extending the agreement with Fugro. With more than four decades of experience in serving the Vietnamese and Southeast Asian market, PTSC G&S aims to continue delivering comprehensive geophysical, geotechnical, and metocean surveys to clients in Vietnam’s energy sector.
For more information, interested parties can contact Jerry Paisley, Fugro’s Regional Strategic Sales and Marketing Director, via email at [email protected]. Additional inquiries can be directed to Sandpiper for Fugro at [email protected].
With a workforce of approximately 15,000 in 55 countries, Fugro primarily serves clients in the energy, infrastructure, and water industries, both offshore and onshore. The company, listed on Euronext Amsterdam, reported a revenue of €2.2 billion in 2023.
