During 30 past years, PVC - MS has pioneered in almost of the national key projects of Vietnam Oil and Gas industry, constructed 65 jackets and 17 topsides of offshore platforms.
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PVC – MS has also constructed 90 % of DK 1 rigs, significantly contributes to protect maritime sovereignty, and create the conditions for economic and marine oceanography researching. On shore , PVC - MS participated in 17 projects / items such as Dinh Co - Phu My gas pipeline, PM3 Ca Mau pipeline , LPG terminal, Thi Vai cold tanks, Dung Quat oil refinery , gas -electric – urea plant , oil stores in Can Tho, Thai Binh, Nam Dinh, Cu Lao Tao, Nha Be, Lien Chieu ...
Especially since 2009, PVC-MS has a sharp growth, reaches several records at the time, such as implementing Dai Hung jackets ( 110m deep , weighing 7,200 tons ), Moc Tinh project (130m deep, 13.000 tons); Thi Vai LPG store with 2 classes of shell, the most advanced technology, is the largest cold storage LPG in Vietnam. For the first time taking the role of general contractor, PVC - MS succeed Te Giac Trang H4 topside EPCI project, 37 days ahead of schedule, created USD 66 million revenue sooner than planned and reduced USD 10 million cost compared to the original estimates. At present, PVC-MS is implementing Diamond EPCC project by Petronas Carigali Vietnam (PVCL). PVC - MS is considered as one of the best three bidders for PVCL.
With their contributions during 30 past years, PVC - MS was honored to receive the class I, II, III Labor Medals and many other honor awards by the State, the Government and Ministries... Forbes (America) ranked PVC-MS in the Top 200 of Small and Medium Best Enterprises in Asia Pacific. In 2013, PXS is ranked 19th in the Top 50 best listed companies in Vietnam (Forbes Vietnam). Vietnam Report JSC also ranked PVC-MS 196/1.000 companies payment biggest tax in Vietnam in 2012.
PVC - MS successfully implemented increasing its charter capital from VND 200 billion to VND 500 billion. The annual development accumulation is over 20 % of chapter capital, pays dividends by cash as the planed. The annually average income is about VND10 million/person/month.
PVC - MS owns the facilities, including a modern Sao Mai Ben Dinh Yard, 23 ha; spacious 19 stores office building; and modern equipment system, a strong financial system, qualified human resources following standard systems: ISO 9001-2008, ISO 18001-2007, ISO 14001-2004, using design software and project management such as Primavera, PDMS, Bocard, Tekla, ASME certification...
The contractor McPEC (Singapore) has contributed capital to become strategic investors of PVC-MS to coordinate in manufacturing equipments. That opens a bright future for PVC-MS coming in to international market and competing with foreign oil and gas companies.
The strategy goal of PVC - MS is to become the leading EPCI contractor in petroleum construction.
PVC-MS
