PetroVietnam looks to cooperate with Equinor in offshore wind power production

August 19, 2022 - 14:50
General Director of the Vietnam Oil and Gas Group (PetroVietnam) Lê Mạnh Hùng has proposed that during a recent meeting with Equinor Director Anita H Holgersen in Hà Nội.
PetroVietnam is looking to partner with Equinor in offshore wind power development and hydrogen production. Photo

HÀ NỘI - The Việt Nam Oil and Gas Group (PetroVietnam) and Norwegian energy firm Equinor should build a roadmap to implement their joint offshore wind power and hydrogen production projects in Việt Nam.

General Director of the Vietnam Oil and Gas Group (PetroVietnam) Lê Mạnh Hùng has proposed that during a recent meeting with Equinor Director Anita H Holgersen in Hà Nội.

At the meeting, Holgersen introduced capabilities, experience, and how Equinor transformed from a state-owned oil and gas group into an energy group.

She held that PetroVietnam and Equinor shared many similarities, including the same starting point as oil and gas companies. Furthermore, she hailed PetroVietnam’s role and position as the leading energy enterprise in Vietnam, as well as the leading capable and experienced firm in Southeast Asia in the field of processing, manufacturing, assembling, transportation and construction of offshore construction work.

Holgersen expressed her hope that the partnership between Equinor and PetroVietnam would grow with more practical results in building and implementing investment cooperation in the energy field, offshore wind power development, hydrogen production, ammonia, Carbon capture, utilisation and storage (CCS/CCUS).

PetroVietnam General Director Hùng highly evaluated the cooperation activities between PetroVietnam and Equinor recently in offshore wind power.

Hùng said he hoped Equinor would expand cooperation with PetroVietnam in clean energy, especially hydrogen production from offshore wind power.

At the same time, he suggested that Equinor work with PetroVietnam member units such as PetroVietnam Technical Services Corporation (PTSC) and Vietsovpetro (VSP) and support them in participating in Equinor’s projects not only in Vietnam but in international markets.

In the coming time, the two sides should continue to work with the Government and relevant ministries, sectors and localities to develop a roadmap for the implementation of specific joint offshore wind power projects in Việt Nam, he proposed.

Founded in 1972 as the Norwegian State’s Oil & Gas Company (Statoil), Equinor has become an international company with operations in 33 countries and is now a leading company in the energy transition. It is the largest oil and gas operator in Norway, one of the world’s largest offshore operators, and a growing force in renewables.

Equinor provides more than one million European homes with renewable power from offshore wind farms in the United Kingdom and Germany. VNS