Petrovietnam Drilling and Well Services Corp 2023 IR
The report highlights PetroVietnam PV Drilling's strong recovery in 2023, achieving a total revenue of 6,160 billion VND and a net profit of 546 billion VND, driven by increased rig utilization and day rates. All six of the company's owned rigs operated continuously in international markets, securing long-term contracts and maintaining an average operating efficiency of 99.6%. Notably, the company achieved zero Lost Time Incidents (LTI) across its fleet and made significant progress in digital transformation and ESG initiatives, including projects that reduced CO2 emissions. PV Drilling was also recognized with prestigious awards, such as the 'Best Rig of the Year' in Malaysia and 'Rig of the Year' in Brunei.
Company: Petrovietnam Drilling and Well Services Corp
Sector: Energy
Country: Vietnam
Year: 2023
Type: IR
Pages: 150
Petrovietnam Drilling and Well Services Corp
Integrated Annual Report
The report highlights PetroVietnam PV Drilling's strong recovery in 2023, achieving a total revenue of 6,160 billion VND and a net profit of 546 billion VND, driven by increased rig utilization and day rates. All six of the company's owned rigs operated continuously in international markets, securing long-term contracts and maintaining an average operating efficiency of 99.6%. Notably, the company achieved zero Lost Time Incidents (LTI) across its fleet and made significant progress in digital transformation and ESG initiatives, including projects that reduced CO2 emissions. PV Drilling was also recognized with prestigious awards, such as the 'Best Rig of the Year' in Malaysia and 'Rig of the Year' in Brunei.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Workplace Fatalities
Net Zero Target
Employees