Company Profile:
English Name: OFFSHORE PETROLEUM TRADING AND SERVICES JOINT STOCK COMPANY
Type of Company: Trading Company and Service Provider
Company Introduction:
OFFSHORE PETROLEUM TRADING AND SERVICES JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ DỊCH VỤ DẦU KHÍ BIỂN), often known as PTSC Offshore, is a prominent Vietnamese enterprise specializing in providing a wide array of trading and service solutions for the oil and gas industry, with a particular focus on offshore operations. The company's core business model is centered on commercial activities and offering essential support services rather than functioning as a manufacturing factory.
Its primary business activities encompass:
1. Offshore Supply Base and Logistics Services: Delivering comprehensive port services, warehousing, material handling, and transportation for offshore oil and gas exploration and production projects.
2. Vessel Operations: Managing and operating a diverse fleet of specialized vessels crucial for offshore activities, including supply vessels, anchor handling tugs, and survey vessels.
3. Engineering, Procurement, Construction, and Installation (EPCI): Undertaking integrated projects involving the design, procurement of materials, fabrication, and installation of offshore facilities. While some fabrication may be part of these projects, the company's main role is project management and integration, not large-scale manufacturing.
4. Operation and Maintenance (O&M): Providing specialized services for the ongoing maintenance and efficient operation of offshore platforms and related infrastructure.
5. Trading: Engaging in the procurement and supply of various equipment, materials, and spare parts required by the oil and gas sector.
6. Other specialized technical and support services tailored for the petroleum industry.
PTSC Offshore is a vital contributor to Vietnam's oil and gas sector, offering integrated and comprehensive solutions to support exploration, development, and production activities. It operates primarily as a service and trading entity, facilitating and supporting the intricate operations of the petroleum industry, rather than acting as a factory that mass-produces goods.