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Company News

  • Load-out ceremony of MLS Jacket in Brunei

    (16/7/2015)
    On 16 July 2015, PTSC M&C in coordination with Total E&P Borneo B.V (TEPB) hosted the load-out ceremony for the Maharaja Lela South (MLS) Jacket at the Muara fabrication yard operated by PetroleumBrunei Services (PB Services).
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  • Load-out and sail-away ceremony of the TGT-H5-WHP topside

    (10/7/2015)
    On 10 July 2015, PTSC M&C in coordination with Hoang Long JOC hosted the ceremony to celebrate the Load-out and Sail-away for the TGT-H5-WHP Topside and the achievement of 1,00,000 working man-hours free of LTIs. In addition, the H5 topsides on this occasion were also name-plated as one of the outstanding projects successfully implemented in celebration of the second congress of PetroVietnam’s Party Committee (2015-2020).
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  • Petrovietnam press release: International arbitral tribunal sides with Petrovietnam in Production-Sharing Contract tax incentive dispute

    (22/6/2015)
    In an award issued on 22 May 2015, an international Arbitral Tribunal constituted under the Arbitration Rules of the International Chamber of Commerce (ICC) and comprised of leading international arbitrators Gary Born (Chairman), David A. R. Williams QC and Yves Derains has unanimously agreed with PetroVietnam’s position in a major tax incentive dispute under a production sharing contract for a Vietnamese offshore oil concession. All claims against PetroVietnam were rejected and the claimants were ordered to reimburse PetroVietnam’s costs of arbitration in full.
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  • PRESS RELEASE: Petrovietnam Acquires Two Oil and Gas Exploration And Exploitation Companies And A Pipeline Company Owned By Chevron In Vietnam

    (18/6/2015)
    June 17, 2015 - Vietnam Oil and Gas Group (Petrovietnam) has acquired 100% of the shares of the Chevron companies with assets in Vietnam and the operatorship that are part of the Block B, Block 48&95 and Block 52/97 projects, off Vietnam’s continental shelf. These companies include Chevron Vietnam (Block B) Ltd, holding a 42.38 % operating interest in the PSC covering Blocks B and 48/95, Chevron Vietnam (Block 52) Ltd, holding a 43.40% operating interest in the PSC covering Block 52/97 and also the operator under the two PSCs, and Chevron Southwest Vietnam Pipeline Co. Ltd, holding a 28.7% working interest in a pipeline project that would deliver natural gas from offshore to gas users in Vietnam.
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  • PTSC M&C welcomed Ghana National Petroleum Corporation (GNPC)

    (2/4/2015)
    A delegation of high ranking officers led by Mr. Alexander Kofi Mensah Mould – Acting Chief Executive of Ghana National Petroleum (GPNC) paid a working visit to PTSC M&C’s premises on 2nd April 2015. Having accompanied GNPC were there representatives from Yinson– the main contractor of the OCTP Ghana FPSO Project (Project).
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  • Vietnamese Traditional Tet Nguyen Dan

    (10/2/2015)
    We are living in the very first days of 2015 when the New Year eve has just passed in great celebration and hope of the whole world for a prospective year ahead. Soon January flies away and then comes February – the time Vietnamese people once again welcome their Lunar New Year - TET NGUYEN DAN (TET) holiday.
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  • TGT-H5 Wellhead Platform and Pipelines Project – EPCI Contract Signing Ceremony

    (19/1/2015)
    On 14 January 2015, PTSC M&C in coordination with Hoang Long JOC hosted the contract signing ceremony for the TGT-H5 Wellhead Platform and Pipelines Project. H5 Project is one of the strategic development schemes of Hoang Long JOC in block 16-1 offshore Vietnam. Being entrusted by Hoang Long JOC, PTSC M&C once again has the honor to be the EPCI contractor of the Project providing detailed engineering, procurement, construction, transportation and installation, hook-up and commissioning services for a 4,000 ton wellhead platform and drilling wellbay module and 24 km pipelines.
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  • First Class Labour Medal Award and the HRD Process Platform Load-out & Hand-over Ceremony – Thank you letter

    (9/12/2014)
    Dear Esteemed Clients and Partners, Reference is made to the First Class Labour Medal Award and the HRD Process Platform Load-out & Hand-over Ceremony hosted at PTSC M&C’s fabrication site in Vung Tau City on 29 November 2014. PTSC Mechanical and Construction Co., Ltd. (PTSC M&C) would like to hereby express our sincere thanks to your kind attendance and presence which helps make our event a greater success.
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  • First Class Labour Medal Award and the HRD Process Platform Load-out & Hand-over Ceremony

    (9/12/2014)
    On 29 November 2014, PetroVietnam Technical Services Corporation (PTSC) hosted the First Class Labour Medal Award and the HRD Process Platform Load-out & Hand-over Ceremony at its fabrication in Vung Tau City, Vietnam.
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  • HSE DAY OF MLS PROJECT 500.000 Manhours free of LTI

    (27/10/2014)
    On 20th October 2014, PTSC M&C in coordination with Client Total E&P Borneo B.V hosted the HSE Day for the Maharaja Lela South (MLS) Project at its fabrication yard in Vung Tau City, Vietnam. The event is to celebrate the first HSE milestone of the project on which 500,000 working manhours without LTI were achieved.
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