Introduction

Petrovietnam Technical Services Corporation (PTSC) is a Vietnam-based provider of petroleum technical services. The Company provides petroleum storage services and marine transportation services using tankers and specialized vessels. The Company also offers marine port services and offshore facility management and maintenance services. Moreover, it manufactures and installs tanks and gas pipelines. Other operations include the trading of petroleum and other petrochemicals, as well as the provision of engineering services, geophysical surveying services and ship repair services.

Business sector

  • Providing shipping agency and brokerage services; supplying ships; providing tally and forwarding service; providing tugging and rescue services;
  • Providing geological survey, diving services; providing ROVs for petroleum exploration and civil/industrial works;
  • Managing, exploring FSO, FPSO as well vehicles for petroleum transportation;
  • Managing business; trading, exploiting petroleum port and technical base; managing, organizing construction, fabrication, trial-run and completion of projects and industrial works outside the petroleum industry;
  • Providing labour fource in the petroleum industry; providing vocational and foreign language training
  • Organizing, managing activities in marine mechanical field;
  • Manufacturing and installing petroleum tank, LPG and gas/petroleum pipe;
  • Providing multi-modal transportation in the domestic and foreign market;
  • Providing transportation, handling, storing and forwarding services for goods; transporting petroleum products;
  • Operating and maintaining works on petroleum exploration;
  • Repairing ships and marine petroleum works;
  • Maintaining, repairing, building, renovating floating vehicles;
  • Processing, installing, manufacturing petroleum equipment and structures;
  • Manufacturing, trading petroleum products, fertilizers and chemicals for agriculture;
  • Manufacturing, trading, material, material for telecommunication, civil usage, petroleum and other industries;
  • Trading telecommunication, mechanical, metal products, equipment and material for civil usage and industrial production’
  • Trading materials and equipment for safety, fire fighting and prevention, petroleum industry, civil usage and other industries;
  • Operating restaurants; trading house, office;
  • Exploring, processing, trading minerals;

History

Date of incorporation 01/01/0001
Certificate of registration number 0100150577
Date of issue 20/02/2019
Capital 4,779,662,900,000
Tax Code 0100150577
Sectors & Industries Oil & Gas > Oil Equipment & Services

  • The precursor of Petrovietnam Technical Services Corporation is Petrovietnam Technical Services Company (PTSC), which was established on Feb 09, 1993 based on merging 2 subsidiaries of Vietnam National Oil and Gas Corporation (namely Geophysical Company and Petroleum Service Company).
  • In 1994, Petroleum Pacific Company No 1 was merged into PTSC.
  • On Feb 16, 1996, the Chairman of Government Office signed Decision No. 199/BT on re-establishing Petroleum Technical Services Company as a subsidiary of Vietnam National Gas and Oil Corporation.
  • In 2001, the material trading department was separated from PTSC and merged into Petrovietnam Oil Processing and Distribution Company (PVD). Also, by the end of this year, two departments were separated to form Petrovietnam Drilling Company.
  • On Jul 07, 2006, the company was transformed into Petrovietnam Technical Services Joint Stock Company. The company was granted business registration certificate No. 0103015198 dated Dec 29, 2006 issued by Ha Noi Department of Planning and Investment.
  • On Sep 20, 2007, the company’s shares were listed on the Ha Noi Stock Exchange.
  • On Feb 09, 2009, Petrovietnam Technical Services Joint Stock Company became Petrovietnam Technical Services Corporation following Decision No. 23/QD-BV. In 2009, its charter capital was adjusted to VND 2.000 billion issuing 25 million shares for strategic shareholders.
  • In 2010, its charter capital was adjusted to VND 2.978 billion.
  • In 2012, its charter capital was adjusted to VND 4.467 billion.

Listing information

Date of listing 20/02/2019
Stock exchange HASTC
Par Value 10,000
Initial Listing Price 127,900
Listing Volume 477,966,290
Total Listing Value 4,779,662,900,000

Management team

Phan Thanh Tùng Chairman of the Board of Directors
Trần Ngọc Chương Members of the Board
Đỗ Quốc Hoan Members of the Board
Hoàng Xuân Quốc Members of the Board
Lê Mạnh Cường Members of the Board
Nguyễn Xuân Ngọc Members of the Board
Bùi Thu Hà Board of internal controllers
Phạm Văn Tiến Member of the Board of Internal controllers
Bùi Hữu Việt Cường Member of the Board of Internal controllers
Lê Mạnh Cường Chief of Executive Officer
Trần Hồ Bắc Deputy CEO
Nguyễn Trần Toàn Deputy CEO
Nguyễn Xuân Cường Deputy CEO
Tạ Đức Tiến Deputy CEO
Trần Hoài Nam Deputy CEO
Phạm Văn Hùng Deputy CEO
Nguyễn Văn Bảo Chief Accountant
Nguyễn Đức Thủy Representative Spokesman