PetroVietnam unveils geophysical survey branch
The new branch, a 51 per cent and 49 per cent joint venture between PTSC and CGG Veritas (CGGV), provides 2D&3D (two dimensional and three dimensional) seismic acquisition services.
The joint venture will operate for 20 years, according to PTSC, a subsidiary of Vietnam 's leading oil and gas company PetroVietnam.
The company said the joint venture would help it to provide full technical services packages for petroleum exploration and development in Vietnam as well as in the regional market.
PTSC, which owns VND17 trillion in total assets and employs 9,000 personnel nation-wide, provides diversified technical services for the oil and gas industry inside and outside Vietnam .
Headquartered in Paris , the 79 year old CGGV boasts 50 years of seismic survey services in Vietnam.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Telegram boss Durov charged, banned from leaving France (August 29, 2024 | 15:54)
- Lego profit rises as it gains market share (August 29, 2024 | 15:39)
- Chinese EV giant BYD posts 24.4 per cent rise in profit (August 29, 2024 | 15:32)
- Ericsson and PTIT collaborate to drive 5G implementation (August 29, 2024 | 14:27)
- VIR conference promotes green solutions in automotive industry (August 29, 2024 | 10:26)
- Tech players take on EV charging infrastructure (August 29, 2024 | 10:05)
- Hybrid vehicles enter SCT overhaul debate (August 29, 2024 | 09:59)
- Tobacco and aircon units lead excise tax discussions (August 29, 2024 | 09:54)
- Prejudices hold back garment investment (August 29, 2024 | 09:44)
- Bangladeshi loss can be Vietnam’s gain in textiles (August 29, 2024 | 08:00)
Mobile Version