As a joint venture between PV Drilling (51%) and Baker Hughes Nederland Holdings BV, the joint venture officially began operation on 31st March 2011 in accordance with the Investment Registration Certificate No. 411022000556 dated 26th January 2011 issued by Ho Chi Minh City People?s Committee.PVD - Baker Hughes? core business includes provision of directional drilling and site survey services, MWD and LWD services; coring service; wireline logging; liner hanger service; fishing tools service; drill bits; squeeze formation service; well completion service; reservoir engineering service. Based on the transfer of technology and manpower from Baker Hughes Vietnam, the company has intensively invested not only in equipment, plant site expansion, logistics base, but also in human resources to provide premium services with international standards for clients. Service with high quality and competitive prices are the criteria for sustainable development and solid occupation of the advanced drilling service market. In the first year of operation, the company?s revenue reached VND 1,200 billion.
Sector: Oil & Energy