PTSC Wins $70 Million Contract from Talisman

Petroleum Technical Services Company (PTSC), a subsidiary of PetroVietnam has signed a US $70 million oil and gas contract with Talisman Malaysia Limited.

The projectís scope includes engineering, procurement, fabrication and construction of three topsides of three wellhead riser platforms with a total fabrication tonnage of approximately 3,000 tons.

The Bunga Orkid/Parka Development Project is an important component of Malaysiaís Northern Field. Completion of the project is scheduled within the next 12 months.

The signing of the contract will mark a substantial leap forward in PTSCís competitiveness within the regional market, said president of PTSC Thai Quoc Hiep at the signing ceremony in Hanoi on Monday.

With Vietnam close to joining the WTO, this project will exhibit the potential for further co-operation in the oil and gas industries between Vietnam and Malaysia, added Hiep.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
US Rock Springs, WY: Pump Technician I -II
Expertise: Field Service Tech
Location: Rock Springs, WY
 
Field Service Representative I - ProTechnics
Expertise: Field Service Tech
Location: Oklahoma City, OK
 
Field Service Representative I - ProTechnics
Expertise: Field Service Tech
Location: Parkersburg, WV
 
search for more jobs

Brent Crude Oil : $55.45/BBL 0.99%
Light Crude Oil : $52.37/BBL 1.20%
Natural Gas : $3.42/MMBtu 0.88%
Updated in last 24 hours