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PVD OFFSHORE SERVICES COMPANY LIMITED

Active

Business ID 3500803145

84-254 / 3590 124 / 3590 127

PVD OFFSHORE SERVICES COMPANY LIMITED

Active

Business ID 3500803145

84-254 / 3590 124 / 3590 127

PVD OFFSHORE SERVICES COMPANY LIMITED

Active

Summary

Name:

PVD OFFSHORE SERVICES COMPANY LIMITED

Business ID (TIN):

3500803145

Date of Registration:

29 Jun 2007

Registered Office:

Ba Ria - Vung Tau Province Department of Planning and Investment

Address:

No. 43A 30/4 Street, Ward 9, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

Phone:

84-254 / 3590 124 / 3590 127

Fax:

(84-254) 3590 128

Financial Statement:

2020, 2021, 2022, 2023, 2024

PVD OFFSHORE SERVICES COMPANY LIMITED (CÔNG TY TRÁCH NHIỆM HỮU HẠN DỊCH VỤ KỸ THUẬT DẦU KHÍ BIỂN PVD) is a well-established offshore technical services provider in Vietnam. Founded in 2007, the company has over 17 years of experience in equipment inspection, maintenance, and repair for the oil and gas sector. With headquarters in Vung Tau City, Ba Ria - Vung Tau Province, PVD OFFSHORE SERVICES COMPANY LIMITED is a key player in Vietnam’s offshore drilling and technical service industry.

Business Operations and Industry Expertise

PVD OFFSHORE SERVICES COMPANY LIMITED specializes in a range of services critical to offshore operations, including:

Inspection, repair, and maintenance of industrial machinery and equipment.
Oil spill response services, ensuring environmental safety and compliance.
Drilling manpower supply services, providing skilled labor for offshore drilling projects.

The company is also engaged in wholesale distribution of machinery, equipment, waste, and scrap materials, as well as human resource management for offshore projects. As a state-owned enterprise, PVD OFFSHORE SERVICES COMPANY LIMITED operates under PETROVIETNAM DRILLING & WELL SERVICE CORPORATION (PV Drilling), Vietnam’s leading oil and gas drilling service provider.

Financial Performance and Market Position

According to VANGUARD BUSINESS INFORMATION LLC (VBI), a leading provider of business intelligence, financial analysis, and risk assessment, PVD OFFSHORE SERVICES COMPANY LIMITED reported total assets of USD 13.27 million in 2023. However, the company has faced a decline in total sales, dropping by 13.78% year-over-year to USD 16.12 million. Despite this, equity increased by 3.79%, reaching USD 9.48 million, indicating stability in financial backing and operations.

However, profitability has declined, with net profit decreasing by 34.27% in 2023 to USD 1.15 million. This decline highlights ongoing challenges in the oil and gas sector, including fluctuating demand and operational costs. PVD OFFSHORE SERVICES COMPANY LIMITED continues to navigate these challenges by improving operational efficiency and expanding its service portfolio.

Why Choose PVD OFFSHORE SERVICES COMPANY LIMITED?

Proven Expertise – Over 17 years of experience in offshore technical services.
Strategic Location – Based in Vung Tau, Vietnam’s key offshore hub.
Reliable Financial Backing – Owned by PETROVIETNAM DRILLING & WELL SERVICE CORPORATION.
Diverse Service Portfolio – From drilling support to oil spill response and machinery maintenance.

VBI’s Insights on PVD OFFSHORE SERVICES COMPANY LIMITED

As a leader in business intelligence and financial risk assessment, VANGUARD BUSINESS INFORMATION LLC (VBI) provides in-depth insights into PVD OFFSHORE SERVICES COMPANY LIMITED and its market performance. Despite financial challenges, the company remains a critical player in Vietnam’s offshore sector, backed by PETROVIETNAM DRILLING & WELL SERVICE CORPORATION and its commitment to operational excellence.

With strong government support and industry expertise, PVD OFFSHORE SERVICES COMPANY LIMITED is well-positioned to maintain its role as a trusted offshore services provider in Vietnam. Businesses seeking reliable offshore technical services can benefit from its extensive experience and capabilities.

Legal Profile

English Name:

PVD OFFSHORE SERVICES COMPANY LIMITED

Vietnamese Name:

CÔNG TY TRÁCH NHIỆM HỮU HẠN DỊCH VỤ KỸ THUẬT DẦU KHÍ BIỂN PVD

Short Name:

PVD OFFSHORE CO.,LTD

Business ID (TIN):

3500803145

Date of Registration:

29 Jun 2007

Registered Office:

Ba Ria - Vung Tau Province Department of Planning and Investment

Ownership Status:

State-owned

Operation Status:

Active

Contacts

Key Decision Makers:

TRAN T.T

Address:

No. 43A 30/4 Street, Ward 9, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

Phone:

84-254 / 3590 124 / 3590 127

Fax:

(84-254) 3590 128

Business Sector

Key business lines:

VSIC:

3319 Repair of other equipment

NACE:

33.19 Repair of other equipment

Industry Sales Growth

CAGR (2019 - 2023)

5.33%

YoY (2023)

-23.64%

Companies by industry

Company distribution and propportions

262

0.0090%

Key Industry Players

Top 10 companies in repair of other equipment industry

pvd offshore services company limited mis industrial services joint stock company viet nam kiln care joint stock company greating fortune container vn joint stock company jcu vietnam corporation vvmi viet bac mechanical joint stock company rolex viet nam company limited green ocean technology and service company limited nhat ha trading technical service co., ltd hai phong rubber plastic joint stock company

Payment History

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Financial Performance

Assets	6.97%
Owner’s Equity	-1.81%
Working Capital	-55.25%
Net Worth	-32.00%
Sales	45.74%
Operating income	-59.39%
EBIT	80.66%
Gross Profit Margin	34.36%
Debt to EBITDA	-72.78%

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Specific Questions About PVD OFFSHORE SERVICES COMPANY LIMITED

When did PVD OFFSHORE SERVICES COMPANY LIMITED start operating?

PVD OFFSHORE SERVICES COMPANY LIMITED was started in 29 Jun 2007

What industry does PVD OFFSHORE SERVICES COMPANY LIMITED operate in?

PVD OFFSHORE SERVICES COMPANY LIMITED is operating in "Repair of other equipment" industry

How can I contact PVD OFFSHORE SERVICES COMPANY LIMITED?

PVD OFFSHORE SERVICES COMPANY LIMITED phone numbers is 84-254 / 3590 124 / 3590 127

What adverse news is there about PVD OFFSHORE SERVICES COMPANY LIMITED?

PVD OFFSHORE SERVICES COMPANY LIMITED’s has no negative news

What is stock symbol of PVD OFFSHORE SERVICES COMPANY LIMITED?

PVD OFFSHORE SERVICES COMPANY LIMITED is not listed company

Where is the location of PVD OFFSHORE SERVICES COMPANY LIMITED?

PVD OFFSHORE SERVICES COMPANY LIMITED is located at No. 43A 30/4 Street, Ward 9, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

What is PVD OFFSHORE SERVICES COMPANY LIMITED’s business registration?

PVD OFFSHORE SERVICES COMPANY LIMITED business registration is 3500803145

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PVD OFFSHORE SERVICES COMPANY LIMITED

PVD OFFSHORE SERVICES COMPANY LIMITED

PVD OFFSHORE SERVICES COMPANY LIMITED

Business Operations and Industry Expertise

Financial Performance and Market Position

Why Choose PVD OFFSHORE SERVICES COMPANY LIMITED?

VBI’s Insights on PVD OFFSHORE SERVICES COMPANY LIMITED

Company Profile Report

Company Standard Report

Comprehensive Report

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PVD OFFSHORE SERVICES COMPANY LIMITED

PVD OFFSHORE SERVICES COMPANY LIMITED

PVD OFFSHORE SERVICES COMPANY LIMITED

Business Operations and Industry Expertise

Financial Performance and Market Position

Why Choose PVD OFFSHORE SERVICES COMPANY LIMITED?

VBI’s Insights on PVD OFFSHORE SERVICES COMPANY LIMITED

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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