Petrovietnam leveraging its technology and services inherited from oil and gas operation into the construction and supply chain of offshore wind power

Abstract

In the era of global integration, there is a clear shift from fossil fuels to renewable energies across nations. The investigation and utilization of renewable energy sources, especially offshore wind energy, emerge as a pivotal area for energy companies and corporations.The Vietnam Oil and Gas Group (Petrovietnam) is standing at the threshold of substantial opportunities and challenges in expanding its operational spectrum towards renewable energy with a particular focus on offshore wind power. This study analyzes Petrovietnam's inherent strengths and capabilities with the orientation and strategy to become a leader of the service supply chains for offshore wind power in Vietnam.