Vinh Phong Offshore Wind is a 1,000MW offshore wind power project. It is planned in South China Sea, Binh Thuan, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026. Buy the profile here.
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Description
The project is being developed by DEME Offshore and Vietsovpetro JVC. The project is co-owned by Deme Concessions and Zarubezhneft, with their respective ownership stake of 50% each.
The project is expected to generate 3,200,000MWh of electricity.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
For more details on Vinh Phong Offshore Wind, buy the profile here.
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About Vietsovpetro JVC
Vietsovpetro JVC (Vietsovpetro) is an oil and gas company that provides exploration and production of petroleum and natural gas. The company offers services such as logging and testing, oil and gas production; operation, maintenance and repair of offshore facilities; engineering, procurement, commissioning and installation of offshore platform; and drilling and well survey services. It also provides gas facility and management; marine transportation and diving services; operation and maintenance of compressor platform; oil spill prevention services; and port and logistics services. Vietsovpetro is headquartered in Vung Tau, Lang Son, Vietnam.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
