Vietnam’s Offshore Wind Development Roadmap Report Launch
This roadmap provides strategic analysis of the offshore wind development potential in Vietnam, considering the opportunities and challenges under different growth scenarios. It is intended to provide evidence to support the Government of Vietnam in establishing policy, regulations, processes, and infrastructure to enable successful growth of this new industry.
Malaysia’s Hibiscus Petroleum buys Repsol assets, enters Vietnam market
Malaysian oil and gas exploration and production company Hibiscus Petroleum Bhd (HIBI.KL) has acquired Spanish energy major Repsol Exploración, S.A.’s (REP.MC) upstream assets in Malaysia and Vietnam for a cash consideration of $212.5 million, it said in a stock exchange filing on Friday.
Repsol Sells Assets in Malaysia and Vietnam
Repsol has announced that it has agreed to sell its exploration and production assets in Malaysia and in Block 46 CN in Vietnam to a fully owned subsidiary of Hibiscus Petroleum.
ADB signs $116m green loan for three wind farms in Vietnam
The Asian Development Bank (ADB) has signed a $116 million green loan with three local firms to finance the construction and operation of three 48 megawatts (MW) wind farms in Quang Tri province, Vietnam.
Southeast Asia scrambles for LNG with gas fields tapping out
MANILA/TOKYO — Southeast Asian countries are set to expand imports of liquefied natural gas as the depletion of domestic gas reserves looms, setting the stage for a realignment in the global LNG market.
GE Renewable Energy wins onshore wind energy contract in Vietnam
GE Renewable Energy has announced that it has secured a contract with BIM Wind JSC (BIM Wind), a project joint venture company between AC Energy, the power generation platform of Ayala Corporation – one of the largest Philippine conglomerates – and BIM Energy Holding, the renewable energy platform of BIM Group – one of Vietnam’s […]
Nexif forges partnership for 80MW Vietnam wind
Australian power company Nexif Energy has formed an equal partnership with Ratch Group for the construction and operation of the 80MW Nexif Energy Ben Tre wind project in Vietnam.
Vietnam’s latest power development plan focuses on expanding renewable sources
In February 2021, the government of Vietnam released a draft of the country’s latest national power development plan, Power Development Plan 8 (PDP 8), for 2021 to 2030. The draft PDP 8 expands wind and solar capacity and increases their shares of the country’s generation mix. The draft PDP 8 also prioritizes enhancing grid infrastructure […]
