Tel: (84.8) 3910 2828 Fax: (84.8) 3910 2929 Email: [email protected]Website: www.ptsc.com.vn Head Office: Level 5th, PetroVietnam Tower 1-5 Le Duan Street, District 1 Ho Chi Minh City, Viet Nam Solutions for Oil and Gas, Industries VIETNAM NATIONAL OIL AND GAS GROUP PETROVIETNAM TECHNICAL SERVICES CORPORATION VIETNAM NATIONAL OIL AND GAS GROUP PETROVIETNAM TECHNICAL SERVICES CORPORATION
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Solutions for Oil and Gas, Industries - PTSC...offshore segments. PTSC is currently the leading oil and gas contractor in Vietnam and has gained widespread prestige within the region,
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Head Office:Level 5th, PetroVietnam Tower1-5 Le Duan Street, District 1Ho Chi Minh City, Viet Nam
Solutions for Oil and Gas, Industries
VIETNAM NATIONAL OIL AND GAS GROUPPETROVIETNAM TECHNICAL SERVICES CORPORATION
VIETNAM NATIONAL OIL AND GAS GROUPPETROVIETNAM TECHNICAL SERVICES CORPORATION
3PETROVIETNAM TECHNICAL SERVICES CORPORATION
SHAREHOLDERS’ MEETING
Human Resources Division
General Administration Division
Finance & Accounting Division
Planning & Investment Division
Commercial Division
BOARD OF SUPERVISORS
BOARD OF MANAGEMENT
BOARD OF DIRECTORS
Branches:
. PTSC MARINE (PMA)
. PTSC SUPPLY BASE (PSB)
. PTSC DA NANG (DN)
. PTSC QUANG BINH (QB)
. PTSC POWER (POWER)
. ENGINEERING AND CONSTRUCTION DIVISION (PTSC E&C). PTSC HA NOI (HN)
. PTSC DINH VU (DV)
. PTSC PETRO HOTEL (PETRO HOTEL)
. PTSC QUANG NGAI (QN)
. PTSC THANH HOA (TH)
. PTSC MECHANICAL AND CONSTRUCTION (M&C)
. PTSC PRODUCTION SERVICES (PPS)
. PTSC OFFSHORE SERVICES (POS)
. PV SECURITY (PVS)
. PTSC CGGV GEOPHYSICAL (PTSC CGGV)
. PTSC PHU MY (PM)
. PTSC GEOS AND SUBSEA SERVICES (GS)
. SAO MAI- BEN DINH ( PVSB)
. PTSC LABUAN (LABUAN)
Subsidiaries:
. MALAYSIA VIETNAM OFFSHORE FLOATING TERMINAL. (VOFT). PTSC ASIA PACIFIC JOINT-VENTURE COMPANY (PTSC ASIA PACIFIC). PTSC SOUTH EAST ASIA JOINT – VENTURE COMPANY (PTSC SEA). MALAYSIA VIETNAM OFFSHORE TERMINAL LIMITED (MVOT). RONG DOI JOINT VENTURE COMPANY
Joint Venture Companies:
Technical & Operation Division
Safety and Quality Division.
Industry Division
After more than 20 years of development, PTSC – a member of the Vietnam Oil & Gas Group - has become a leading corporation with the capabilities to provide diversified technical services for oil,gas and other industries within Vietnam and regionally.
VISION:Goods and services with high expertise and added value; EPCI for construction, manufacturing, oil and gas services, sea projects; EPC for plants, industrial projects; leading international contractor in the region and the world.
MISSION:Highest promoting the effectiveness of resources and capacities; Best satisfying and serving clients, owners, employees; always being at an advanced level in the development process.
We would like to express herewith our appreciation to our valued partners, who have trusted in and supported PTSC by the given opportunities to provide services during the past time. We are fully aware that the success of our clients is also the success of PTSC. PTSC has been constantly improving our management systems, investing in modern facilities and equipments, strengthening our human resources with managerial, technical skills and business ethics. The above improvements will ensure that the highest quality services are offered for the benefit of our clients. With these efforts and the continued support from our clients, we are convinced that PTSC always be together with the clients achieve. more remarkable success and sustainable growth in the future.
Phan Thanh Tùng
President and CEO
Thái Quốc Hiệp
Chairman
MESSAGE FROM THE BOARD OF DIRECTORS
2 PETROVIETNAM TECHNICAL SERVICES CORPORATION
ESTABLISHMENT PROCESS1976Foundation of Geophysical Company (Predecessor of Geophysical and Petroleum Technical Service Company)
2007PTSC's Headquater was moved to Ho Chi Minh City and PTSC's stock was listed on Hanoi Stock Trading Center (HNX) under stock symbol - PVS
1989Foundation of Geophysical and Petroleum Technical Service Company
1994Oil & Gas Company No.1 merged with PTSC
1986Foundation of Petroleum Technical Service Company (PSC)
1993Foundation of Petroleum Technical Service Company (PTSC)
2006PTSC was equitized to become a Joint Stock Corporation
Being assigned to the petroleum services segment within PetroVietnam, PTSC is the main player in providing technical services for the local oil & gas development projects in implementing the EPC/EPCIC for offshore segments.
PTSC is currently the leading oil and gas contractor in Vietnam and has gained widespread prestige within the region, providing Engineering, Procurement, Fabrication, Construction, Transportation, Installation, Hook-up and Commissioning (EPC/EPCIC) services for offshore projects such as processing platform, wellhead platform, compressor platform, living quarter, semi-submersible, FSO/FPSO, subsea systems, etc.
With a creative and enthusiastic workforce and know-how, PTSC has successfully implemented nearly 60 EPC/EPCI projects ensuring the highest safety, quality, project schedule and being appreciated by clients inside and outside Vietnam such as: Talisman, Premier Oil Vietnam, Petronas, British Petroleum, Cuu Long JOC, Hoang Long JOC, Bien Dong POC, Thang Long JOC, Lam Son JOC, Total E&P, ONGC, etc. Many projects are of large scales and national records with the total fabrication volume of up to hundreds of thousand tons entirely completed by Vietnamese workers and engineers. Particularly, at the moment, PTSC is able to undertake the detailed engineering work for offshore oil and gas projects inside and outside the country with 100% of the work done by Vietnamese engineers.
With the existing capabilities and experience, PTSC is heading towards continuous development and striving to become the leading EPC/EPCIC contractor in the region.
EPCI FOR OFFSHORE FACILITIES
EPC FOR INDUSTRIAL, PLANTS
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The industrial projects have been executed by PTSC since 1998. PTSC has been expanding its implementa-tion of EPC services involving engineering, procurement, construction and commissioning for various onshore industries such as thermal power/oil refinery plants, technological and mechanical skids, petrochem-ical and fertilizer plants, etc. meets international standards and the most stringent requirements of clients.
PTSC aims at providing our services ensuring the following main objectives:
• Safety: Maintaining a safety management system in compliance with international standards and ensuring the highest commitment to safety and environmental protection in project execution;• Quality: Possessing an enthusiastic, professional and international qualified labor force as well as the experienced supervisory staffs to ensure the project quality requirements;• On schedule: Maintaining the availability and diversity of facilities, resources and logistics systems to support the project execution and ensure schedules of projects.• Competiveness: Operating by a complete management system and continuously improving productivity, providing optimal solutions are our competitive factors.
PTSC has completed many onshore projects with the quality accredited by various clients including Petro-Vietnam, EVN, PV Gas, PVFCCo, JGC, etc. In addition, PTSC has also developed an international network of partnership with Technip, POSCO, AFCONS, TATA, etc.
At present, PTSC owns and co-owns 5 FSOs/FPSOs, providing operation and maintenance services for 8 FSOs/FPSOs in the local and overseas markets. PTSC is now the leading company in mastering technological management, operation and maintenance services for FSO/FPSO in Vietnamese market, including:
Provision of FSOs/FPSOs.
Execution of EPCIC project for FSOs/FPSOs.
Management, operation, maintenance and repair of FSOs/FPSOs.
Provide technical workers for operation and maintenance of FSOs/FPSOs.
Decommissioning.
FSO/FPSO
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PTSC currently owns and operates the largest fleet of offshore vessels in Vietnam to serve the oil and gas industry including anchor handling tug supply (AHTS) vessels, dynamic positioning DP1 & DP2 vessels, seismic support vessels, and field standby vessels, safeguard vessels, etc. PTSC’s fleet of vessels is operated by highly competent and experienced crew members from Vietnam and abroad.
In addition to our current large fleet, PTSC also cooperates with local and international allied ship-owners under various forms such as bareboat, time charter, spot charter, etc. to ensure the availability and diversity of the resources and facilities to meet the vessel demands for oil and gas activities in Vietnam and in the region.
These are the unique services requiring high expertise, technical requirements and high technology and considered indispensable services in oil & gas exploration and production activities and maritime security. With the development of oil and gas exploration,production and the demands for offshore fabrication and installation, there is a huge potential for the development of this kind of services. PTSC is the exclusive division of PetroVietnam with sufficient capacities, resources and experience to carry out such survey services.
Despite having difficulties and challenges in implementing the services, all engineers and employees of PTSC have been constantly researching, applying science and technology in an innovative manner, enhancing competitiveness to assert its position in the domestic market and gradually expand to international markets with the main services including:
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INSTALLATION, OPERATION AND MAINTENANCE OFFSHORE FACILITIES
Fabrication of structures.
Transportation, installation, hook-up and commissioning.
Repair, upgrade, removal and decommissioning.
Operation & Maintenance.
Provision of spare parts, bonded warehouse, overhaul, maintenance of safety equipment, fire extinguishers, rescue equipment, inspection and certification of equipment.
PTSC is the leading provider of offshore services not only in Vietnam but also in the region. Since 2002, PTSC has successfully provided these services to domestic and foreign oil and gas clients. The successes achieved in Operation & Maintenance (O&M), T&I, HUC services have been practically recognized, which is stable and sound basis for its developments, contributed significantly to the annual revenue of PTSC.These services include:
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PTSC currently owns, manages and operates a nationwide network of 8 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, Vung Tau Supply Base.
Our ports fully meet and well satisfying the demands for logistics services of all companies and contractors operating in the oil and gas exploration and production activities in Vietnam with all kinds of logistics and port services such as:
PORT & SUPPLY BASE
Wharfage services, jetty, warehouse, open storage space and office lease.
Supply and rental of cargo handling equipment and transportation vehicles.
Cargo handling and transportation services, heavy-lift weighing and load-out of offshore structures.
Supply of fuel, lubricants, fresh water and ship-repair services.
Technical manpower supply.
Shipping agency, customs clearance, logistics and freight forwarding services.
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Other services such as Hotel management and Security services are stably maintained, specifically as below:
• Stable and effective management of the operations of Da Nang Petro Hotel and Petro Hotel in Vung Tau, ensuring that the provided services meet all the demands for hotels, conferences and seminars of PetroVietnam, internal and external subsidiaries and companies, travel agencies and local tourists, etc.
• Safe and effective implementation of the signed contracts for provision of security services, ensuring the highest safety at the security points, especially major target areas.