EPCIC contractor for
OIL & GAS, INDUSTRIAL PROJECTS

Tổng thầu các dự án DẦU KHÍ, CÔNG NGHIỆP

Leading contractor
in provision, operation and maintenance services
of FSO/FPSO in Vietnam

The unique contractor
to provide the port and supply base services
for oil & gas activities in Vietnam

LATEST NEWS

10/13/2022PTSC and SARENS signed the memorandum of understanding for the pursuit of renewable energy projects

09/22/2022PTSC advances in the VNR 500 ranking - Top 500 Biggest Corporations in Vietnam

08/30/2022The U.S department of energy delegation discuss with PTSC about collaboration in offshore renewable energy

07/29/2022PTSC re-affirmed the pursuit of offshore renewable energy project development at “The 4th Annual United States - Vietnam Energy Security Dialogue”

07/27/2022PTSC visited Equinor in the USA

06/03/2022Memorandum of Understanding Signing Ceremony between PTSC and LBBW & Natixis CIB on Collaboration for Offshore Renewable Energy Projects in Vietnam

04/26/2022PTSC and RENOVA signed Memorandum of Understanding on Collaboration for Offshore Wind Power Project in Vietnam

12/29/2021PTSC aims for investment on offshore wind power projects

PetroVietnam Technical Services Corporation (PTSC)

Established on the implementation of Decision No. 458/TTg dated November 24, 1976 of the Prime Minister on approval of master plan to build Vung Tau City to be the petroleum base. Over the past 46 years from inception, having been experienced important breakthroughs, PTSC has become a leading corporation in providing diversified technical services for petroleum, energy and other industries in Vietnam and the region.

Year of Sustainable Development

12884

Owner’s equity
(billion VND)

26279

Total Assets
(billion VND)

8000

Employees

CORE SERVICES

EPCIC FOR OFFSHORE FACILITIES

PTSC is a key subsidiary of Vietnam Oil and Gas Group (PetroVietnam - PVN) specialized in providing mechanical services for Oil and Gas development projects, including: Engineering, Procurement, Fabrication, Construction, Transportation, Installation, Hook-up & Commissioning (EPC/EPCIC) for offshore facilities in Vietnam.

FSO/FPSO

PTSC owns and co-owns 6 FSO/FPSO, provides operation and maintenance services for 8 FSO/FPSO in Vietnam and overseas. PTSC is the leading company in Vietnam who masters the technologies in newbuild, conversion, management, operation and maintenance services for FSO/FPSO.

TRANSPORTATION, INSTALLATION, OPERATION AND MAINTENANCE OFFSHORE FACILITIES

Participated in providing fully-package services of Transportation & Installation (T&I), Hook-up & Commissioning (HUC), Operation & Maintenance (O&M) since 2002, PTSC has succesfully handed over many key projects to domestic and foreign oil and gas clients.

PORT & SUPPLY BASE

PTSC currently owns, manages and operates a nationwide network of ports and supply bases, spreading throughout Vietnam from the North to the South, with a total area of over 320 hectares including: PTSC Dinh Vu Port, Nghi Son Port, Hon La Port, Son Tra Port, Dung Quat Port, Phu My Port, Sao Mai-Ben Dinh Port and PTSC Supply Base. With the existing facilities and equipment, PTSC is able to provide full package of logistics and port services to all E&P contractors and companies operating in Vietnam, and also fabrication yard services for many oil & gas and industrial projects inside and outside Vietnam.

OFFSHORE SUPPORT VESSELS

PTSC currently owns and operates a major/dedicated fleet of offshore vessels in Vietnam for the oil and gas industry including: Anchor Handling Tug Supply (AHTS) vessels, Support Vessels (OSV& PSV), Dynamic Positioning (DP1 & DP2) vessels, Seismic Support vessels, Field Standby and Safeguard vessels, etc. PTSC’s fleet of vessels is operated by highly competent and experienced crew members from Vietnam and abroard.

GEOLOGICAL SURVEY, ROV SURVEY & REPAIR OF SUBSEA FACILITIES

PTSC provides geological and geophysical survey, survey and repair of subsea facilities using ROV (Remote Operated Vehicle), provision and operation of specialized ROV survey vehicles and equipment. PTSC is the exclusive subsidiary of PetroVietnam with sufficient capacity and experience to carry out such survey services that meet international standards.

EPC FOR INDUSTRIAL PLANTS

Since the success of GPP Dinh Co and Nam Con Son gas-condensate storage tank in the 2000s, PTSC has now expanded its implementation of EPC services for various onshore industries such as thermal power/oil refinery plants, technological and mechanical skids, petrochemical and fertilizer plants, etc, met the international standards and the most stringent requirements of the clients.

OTHER SERVICES

In addition to the 7 core services, PTSC also provides other support services such as: Hospitality/Hotel Management in Vung Tau and Da Nang city; the Security Services to protect and ensure the highest safety for the target areas, especially national key oil and gas facilities.

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TYPICAL PROJECTS

ONSHORE PROJECTS

LONG SON PETROCHEMICALS - LSP

Package A1 – Olefins Factory

Client: Long Son Petrochemical Co., Ltd

Location: Vietnam

Duration: 12/2019 –On going

Scope of work: Piling, Civil, Steel Structure Erection, Mechanical Erection, Piping, Pre-Cast Rack Erection, Common Scaffolding, Painting, Insulation Works and EPC Tank

OFFSHORE PROJECTS

SAO VANG - DAI NGUYET PROJECT

Client: Idemitsu Kosan Co., Ltd

Location: Vietnam

Duration: 11/2017 – 10/2021

Scope of work: EPCIC for Sao Vang Central Processing Platform (CPP) and Dai Nguyet Wellhead Platform.

ONSHORE PROJECTS

THI VAI LNG TERMINAL PROJECT

Client: PV GAS

Location: Vietnam

Duration: 07/2019 – 10/2022

Scope of work: EPCC for Thi Vai LNG Receiving Terminal.

OFFSHORE PROJECTS

GALLAF 1 PROJECT

Client: North Oil Company

Location: Vietnam - Qatar

Duration: 11/2018 – 03/2021

Scope of work: EPCIC for 03 Wellhead Platform Topsides (WHPs) & 01 Linked-bridge.

OFFSHORE PROJECTS

DỰ ÁN BIỂN ĐÔNG 01

Client: BIEN DONG POC

Location: Vietnam

Duration: 03/2010 – 11/2012

Scope of work: EPCIC for Hai Thach Central Processing Platform (CPP) and HT1 & MT1 Wellhead Platforms.

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INVESTORS

Investor news

09/16/2021Announced the last registration date to exercise right to receive dividends in cash in 2020

09/14/2021Published the Resolution on payment of 2020 dividends in cash

06/12/2021Signed the audit contract and review the Financial Statements 2021 prepared in accordance with Vietnamese Accounting Standards

05/15/2021Published the Charter and Internal Rules of PTSC

Investor Relations

Document Management

PVS stock

PTSC WAS AWARDED FOR THE 2022 VIETNAM VALUE

PTSC NEWS

PTSC Quang Ngai successfully manufactured and delivered the Exhaust Diffuser Duct for Gas Turbine 9HA.01 of the Pulau Indah Power Plant (PIPP) project

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PTSC NEWS

PTSC Quang Ngai successfully manufactured and delivered the Exhaust Diffuser Duct for Gas Turbine 9HA.01 of the Pulau Indah Power Plant (PIPP) project

Operating News

The U.S department of energy delegation discuss with PTSC about collaboration in offshore renewable energy

Operating News

PTSC re-affirmed the pursuit of offshore renewable energy project development at “The 4th Annual United States - Vietnam Energy Security Dialogue”

Operating News

PTSC visited Equinor in the USA

Operating News

Memorandum of Understanding Signing Ceremony between PTSC and LBBW & Natixis CIB on Collaboration for Offshore Renewable Energy Projects in Vietnam

Operating News

PTSC and RENOVA signed Memorandum of Understanding on Collaboration for Offshore Wind Power Project in Vietnam

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HSEQ NEWS

PTSC maintains an integrated health, safety and environment management framework according to the international accepted standards codes of ISO 9001, ISO 14001 and ISO 45001

SUBSIDIARIES

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EPCIC contractor for OIL & GAS, INDUSTRIAL PROJECTS

Leading contractor in provision, operation and maintenance services of FSO/FPSO in Vietnam

The unique contractor to provide the port and supply base services for oil & gas activities in Vietnam

LATEST NEWS

PetroVietnam Technical Services Corporation (PTSC)

Year of Sustainable Development

Owner’s equity (billion VND)

Total Assets (billion VND)

Employees