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Brief Introduction

PTSC, a member of Vietnam Oil & Gas Group (PetroVietnam - PVN)

PTSC was established on the implementation of Decision No. 458/TTg dated 24 November 1976 for the approval of the master plan to build a petroleum base in Vung Tau city.

Over 46 years of development, PTSC has made important breakthroughs to become a leading contractor in providing technical services for oil & gas industry and other industries in Vietnam and also an outstanding brandname for technical service in oil & gas industry in the region.

PTSC's core businesses are to provide technical services for oil & gas, energy and industrial sectors icluding high technical solution, high quality and professional approaching international standard such as: EPCIC for offhore facilities; EPC for industrial plants; FSO/FPSO; Offhsore supply vessels; Geological survey; Installation, operation and maintenance of offshore facilities; Port & Supply Base and Technical manpower supply.

45
45

Year of Sustainable Development

12884
12884

Owner’s equity (billion VND)

26279
26279

Total Assets (billion VND)

8000
8000

Employees

VISION - MISSION

PTSC VISION

PTSC VISION

To build PTSC as an internationally trusted brandname – a leading comprehensive solutions provider for the energy sector, focusing on offshore oil & gas industry.
PTSC MISION

PTSC MISION

To promote benefits and trust of investors, clients, partners, and employees, contribute in social and community development and environment protection.
VISION - MISSION

HISTORY

1976
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1976
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PTSC was established on the implementation of Decision No. 458/TTg dated 24 November 1976 for the approval of the master plan to build a petroleum base in Vung Tau city, the premise to the establishment for the Geophysical Company (the former of Geophysical and Petroleum Technical Services Company (GPTS)).
1986
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1986
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Establishment of Petroleum Services Company (PSC)

The company operated mainly in providing living and life services. Since 1988, PSC started to implement several specialized petroleum services and at the same time, excecuted two important technical infrastructure projects assigned by the General Department of Petroleum, namely Vung Tau Petroleum Service Port and Vung Tau Petroleum Depot.

1989
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1989
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Establishment of Geophysical and Petroleum Technical Services Company (GPTS)

The company continuously provided geophysical and petroleum technical services

1993
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1993
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The merger of Petroleum Services Company (PSC) and Geophysical and Petroleum Technical Services Company (GPTS) into Petroleum Technical Services Company (PTSC), the sole state-owned enterprise in providing petroleum technical services with the focus on providing specialised supply vessels, port & supply base and technical manpower supply to petroleum contractors.
1994 - 2006
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1994 - 2006
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Focused on investment for fleet of modern specialized offshore supply vessels and expanding PTSC Vung Tau Supply base to become a modern and multipurpose base.

Successfully construction of the accommodation block LQ-CPC 99 for Vietsovpetro, a strong foundation for the development of petroleum mechanical and construction service.

1994 - 2006

Focused on investment for fleet of modern specialized offshore supply vessels and expanding PTSC Vung Tau Supply base to become a modern and multipurpose base.

Successfully construction of the accommodation block LQ-CPC 99 for Vietsovpetro, a strong foundation for the development of petroleum mechanical and construction service.

Performed O&M contract for Nam Con Son Gas Processing Plant, Lan Tay Processing Platform which set foundation of O&M services for offshore facilities.

Signed the business cooperation contract for investment in FPSO Ruby Princess between PTSC, PVI and PVFC, a new chapter for PTSC by joining a new promising high technical services which was supply, management operation and maintenance of FSO/FPSO.

2006 - 2010
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2006 - 2010
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2006: Successfully equitization and IPO

2007: Officially operated as joint stock company, changed organization structure in to Affiliated - Subsidiary company and PTSC’s stock with stock code PVS.

Invested in FSO Orkid and FPSO Ruby II, affirming PTSC’s ability in the provision of supply, operations, and maintenance services of FSO/FPSO. 

Successfully in execution of Bien Dong project with total volume of engineering and manufacturing up to 30.000 ton and worth 1 USD billion, the biggest EPC project in Vietnam that time as the main EPC contractor.

2006 - 2010

2006: Successfully equitization and IPO

2007: Officially operated as joint stock company, changed organization structure in to Affiliated - Subsidiary company and PTSC’s stock with stock code PVS.

Invested in FSO Orkid and FPSO Ruby II, affirming PTSC’s ability in the provision of supply, operations, and maintenance services of FSO/FPSO. 

Successfully in execution of Bien Dong project with total volume of engineering and manufacturing up to 30.000 ton and worth 1 USD billion, the biggest EPC project in Vietnam that time as the main EPC contractor.

2011 - 2015
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2011 - 2015
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Invested in FSO PTSC Bien Dong 01 and FPSO PTSC Lam Son, mastered the core technologies in new-build, conversion and O&M services for FSO/FPSO, promoted PTSC as the lead contractor in Vietnam and well-positioned contractor in the region for the supply, operations, and maintenance services of FSO/FPSO.

2011 - 2015

Invested in FSO PTSC Bien Dong 01 and FPSO PTSC Lam Son, mastered the core technologies in new-build, conversion and O&M services for FSO/FPSO, promoted PTSC as the lead contractor in Vietnam and well-positioned contractor in the region for the supply, operations, and maintenance services of FSO/FPSO.

Enhanced the capacity and competitiveness for EPCI projects by winning international competitive bidding and successfully performed projects such as HRD Platform for ONGC, Maharaja Lela South in Brunei for Total E&P.

2016 - 2020
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2016 - 2020
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Executed successfully for onshore industry projects such as NPK Fertilizer Factory; Ammonia NH3 Production Plant for PVFCCo; Ca Mau Gas Processing Plant for PV Gas; Haiphong terminal project, Expanding Go Dau factory for Top Solvent (Thailand) and Vopak (Holland) Galaxy Expansion – Phase III, Thi Vai LNG terminal project and petrochemical complex project – Package A1 (LSP - A1) for TPSK.

Completed in building, launching, handing over and operating successfully and safely a fleet of 8 new built vessels for Nghi Son Refinery Plant project (NSRP).

2016 - 2020

Executed successfully for onshore industry projects such as NPK Fertilizer Factory; Ammonia NH3 Production Plant for PVFCCo; Ca Mau Gas Processing Plant for PV Gas; Haiphong terminal project, Expanding Go Dau factory for Top Solvent (Thailand) and Vopak (Holland) Galaxy Expansion – Phase III, Thi Vai LNG terminal project and petrochemical complex project – Package A1 (LSP - A1) for TPSK.

Completed in building, launching, handing over and operating successfully and safely a fleet of 8 new built vessels for Nghi Son Refinery Plant project (NSRP).

FSO Golden Star officially in operation, marking a great milestone for Sao Vang - Dai Nguyet Project, together with Sao Vang CPP and inter-field pipeline system which were also executed by PTSC as the main contractor.

Executed successfully Gallaf Project (Al Shaheen) for North Oil Company in Qatar. The transportation, installation, commissioning of 3 WHP for the projectw ith over 800 PTSC employees in Qatar during the Covid-19 pandemic outbreak was completed successfully and safely.

1976
1986
1989
1993
1994 - 2006
2006 - 2010
2011 - 2015
2016 - 2020

CORE VALUES

Professional

Professional

Chuyên nghiệp

Professionalism is the foremost criterion decisive to the success of the PTSC brand.
Trustworthy

Trustworthy

Tin cậy

The trust of investors, clients, partners, and employees creates the strength and competitive advantage of PTSC.
Sustainable

Sustainable

Bền vững

Over 45 years of  development, PTSC has made remarkable achievements and built strong facilities and resources with multi-service advantage, affirming stable and sustainable growth in the value chain of Vietnam Oil and Gas Group.
Creative

Creative

Sáng tạo

Being innovative and creative at all times is a typical feature of PTSC brand. With highly-qualified human resources of international standard, PTSC is always willing to actively engage, develop and expand new services to conquer domestic and international markets. 

LEADERS

PHAN THANH TUNG

Mr. PHAN THANH TUNG

CHAIRMAN

DOB: 1970 in Hai Phong City, Vietnam
Qualification: Master of Engineering (Professional), Mechanical Engineer, Bachelor of Business Management, Bachelor of English language.
PHAN THANH TUNG

Mr. PHAN THANH TUNG

CHAIRMAN
DOB: 1970 in Hai Phong City, Vietnam
Qualification: Master of Engineering (Professional), Mechanical Engineer, Bachelor of Business Management, Bachelor of English language.
LE MANH CUONG

Mr. LE MANH CUONG

MEMBER, PRESIDENT & CEO

LE MANH CUONG

Mr. LE MANH CUONG

MEMBER, PRESIDENT & CEO
DOB: 1974 in Hai Duong City, Vietnam
Qualification: Navigation Engineer
NGUYEN XUAN NGOC

Mr. NGUYEN XUAN NGOC

MEMBER

NGUYEN XUAN NGOC

Mr. NGUYEN XUAN NGOC

MEMBER
DOB: 1976 in Nam Dinh City, Vietnam 
Qualification: Mechanical Engineer
 
DO QUOC HOAN

Mr. DO QUOC HOAN

MEMBER

DO QUOC HOAN

Mr. DO QUOC HOAN

MEMBER
DOB:1969 in Hai Phong City, Vietnam
Qualification: Master of Economics, Engineer of Maritime Transportation, Engineer of Marine Controlling
TRAN NGOC CHUONG

Mr. TRAN NGOC CHUONG

MEMBER 
 

TRAN NGOC CHUONG

Mr. TRAN NGOC CHUONG

MEMBER 
 
DOB: 1978 in Nam Dinh Province, Vietnam
Qualification: Bachelor of Managing Human Resource
HOANG XUAN QUOC

Mr. HOANG XUAN QUOC

INDEPENDENT BOD MEMBER

HOANG XUAN QUOC

Mr. HOANG XUAN QUOC

INDEPENDENT BOD MEMBER

DOB: 1957 In Ha Noi Capital of Vietnam
Qualification: Ph.D Mechanical Engineering - Combustion & Heat Transfer
LE MANH CUONG

Mr. LE MANH CUONG

PRESIDENT & CEO

DOB: 1974 in Hai Duong City, Vietnam
Qualification: Navigation Engineer
 
NGUYEN HUU HAI

Mr. NGUYEN HUU HAI

VICE PRESIDENT
DOB: 1962 in Bac Ninh Province, Vietnam
Qualification: Engineer of Electronics and Telecommunications, Corporate Governance Engineer
 
TA DUC TIEN

Mr. TA DUC TIEN

VICE PRESIDENT
DOB: 1968 in Thai Binh Province, Vietnam
Qualification: Marine Machinery Engineer, Bachelor of Business Administration
 
NGUYEN TRAN TOAN

Mr. NGUYEN TRAN TOAN

VICE PRESIDENT
DOB: 1964 in Hai Phong City, Vietnam
Qualification: Marine Machinery Engineer, Bachelor of Corporate Governance
 
NGUYEN XUAN CUONG

Mr. NGUYEN XUAN CUONG

VICE PRESIDENT
DOB:1977 in Ha Noi Capital, Vietnam
Qualification: Bachelor of Corporate Finance
 
TRAN HO BAC

Mr. TRAN HO BAC

VICE PRESIDENT
DOB: 1978 in Nam Dinh Province, Vietnam
Qualification: Master of Business Administration, Corporate Governance Engineer, Mechanical Engineer
 
TRAN HOAI NAM

Mr. TRAN HOAI NAM

VICE PRESIDENT
DOB: 1978 in Ha Noi City, Vietnam
Qualification: Electronic Engineer, Bachelor of Foreign Economic Relation
 
BUI THU HA

Mrs. BUI THU HA

Chief of Board of Supervisors (from June 26th, 2020)

DOB: 1980 in Thai Nguyen City, Vietnam
Qualification: Bachelor of Accounting, Bachelor of Business Administration
 
BUI THU HA

Mrs. BUI THU HA

Chief of Board of Supervisors (from June 26th, 2020)
DOB: 1980 in Thai Nguyen City, Vietnam
Qualification: Bachelor of Accounting, Bachelor of Business Administration
 

AWARDS

ISO 45001:2018

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ISO 14001:2015

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ISO 9001:2015

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Vietnam Gold Star Award 2018, 2020, 2021

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National Brand Awards for 2016, 2017, 2018, 2019, 2020, 2021

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National Quality Award 2016

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