Introduction

Petrovietnam Drilling and Well Services Joint Stock Company is a Vietnam-based provider of oil and gas drilling services. The Company offers drilling services on a contract basis, along with other well maintenance and conditioning services to petroleum exploration companies. It is also engaged in the provision of other energy technical services, such as geophysical surveying services, mapping services, mud logging services, oil spill control services and rental services of drilling equipment and oil rigs. In addition, the Company trains workers and provides labor to offshore oil rigs.

Business sector

  • Owning and operating offshore and onshore rigs;
  • Providing drilling equipment;
  • Providing Total Tubular Management service, Importation/exportation, distribution, trading of OCTG products;
  • Providing technical solutions, wire line logging, maintenance services, OCTG management services, mud logging services, tools rental services;
  • Providing well site geologist and tubular running services;
  • Engaging in directional drilling and MWD/LWD;
  • Providing geological prediction services;
  • Providing fishing tools and P&A, casing Exits, liner hanger, ECP, thru tubing inflatables, Completion equipment and services
  • Providing tubing conveyed perforating (“TCP”), drilling and production technical services;
  • Providing oil spill control services and slick line service;
  • Providing designing, engineering and manufacture services;
  • Providing inspection, maintenance & refurbishment of OCTG, drilling tool & equipment services
  • Providing industrial explosive storage, management and transportation for oilfield industry
  • Providing drilling manpower supply services;
  • Providing materials, equipment and spare parts for oil & gas and other industries;

History

Date of incorporation 07/01/2002
Certificate of registration number 0302495126
Date of issue 26/09/2022
Capital 5,562,960,060,000
Tax Code 0302495126
Sectors & Industries Oil & Gas > Oil Equipment & Services

  • The precursor of Petrovietnam Drilling and Well Services Joint Stock Company is Petrovietnam Drilling and Well Services Company, which was established as a subsidiary of Vietnam National Oil and Gas Group (Petrovietnam) following Decision No. 647/QD-VPCP.
  • The company was equitized following Decision No. 3535/QD-TCCB dated Dec 31, 2004 of the Ministry of Trade.
  • On Oct 20, 2005, the Ministry of Industry issued Decision No. 3477/QD-BCN on approving the equitization of PetroVietNam Drilling and Well Services.
  • On Mar 02, 2006, PetroVietNam Drilling and Well Services Joint Stock Company established Industrial Technical Services and Trading Enterprise.
  • On Sep 28, 2006, BJ Services – PV Drilling Joint Venture was established.
  • On May 12, 2006, the company’s shares were officially listed on the Ho Chi Minh City Stock Exchange.
  • On May 11, 2007, the company switched to the new business model of parent company-subsidiaries.
  • After PVD Invest was merged into the company, its charter capital was VND 2.105.082.150.000.
  • On Dec 23, 2013, its charter capital was adjusted to VND 2.755.286.950.000 via paying dividend by shares.
  • On Dec 31, 2015, its charter capital was adjusted to VND 3.484.662.590.000.

Listing information

Date of listing 26/09/2022
Stock exchange HOSTC
Par Value 10,000
Initial Listing Price 130,000
Listing Volume 556,296,006
Total Listing Value 5,562,960,060,000

Management team

Mai Thế Toàn Chairman of the Board of Directors
Đỗ Đức Chiến Vice-chairman of the Board
Vũ Thụy Tường Members of the Board
Hoàng Xuân Quốc Members of the Board
Nguyễn Văn Toàn Members of the Board
Văn Đức Tờng Members of the Board
Nguyễn Xuân Cường Members of the Board
Lương Thanh Tịnh Board of internal controllers
Nguyễn Bình Hợp Member of the Board of Internal controllers
Nguyễn Văn Tài Member of the Board of Internal controllers
Nguyễn Xuân Cường Chief of Executive Officer
Đào Ngọc Anh Deputy CEO
Đinh Quang Nhựt Deputy CEO
Nguyễn Thế Sơn Deputy CEO
Đỗ Danh Rạng Deputy CEO
Hồ Vũ Hải Deputy CEO
Nguyễn Công Đoàn Deputy CEO
Nguyễn Ngọc Trường Chief Accountant
Đỗ Danh Rạng Representative Spokesman