Petrovietnam Drilling and Well Services Corp 2024 IR
The report highlights PetroVietnam PV Drilling's strong financial and operational performance in 2024, with total revenue reaching 9,566 billion VND and profit after tax at 698 billion VND. The company achieved a 100% utilization rate for its offshore drilling rigs and maintained an outstanding safety record with multiple rigs achieving significant Zero Lost Time Incident (LTI) milestones. Key strategic achievements included the acquisition of the PV DRILLING VIII jack-up rig and investment in a new Hydraulic Workover Unit to expand well intervention and abandonment services. Additionally, the company advanced its ESG commitments by implementing energy-saving initiatives, such as LED replacement projects on rigs, and contributing over 12 billion VND to social welfare and community programs.
Company: Petrovietnam Drilling and Well Services Corp
Sector: Energy
Country: Vietnam
Year: 2024
Type: IR
Pages: 176
Petrovietnam Drilling and Well Services Corp
Integrated Annual Report
The report highlights PetroVietnam PV Drilling's strong financial and operational performance in 2024, with total revenue reaching 9,566 billion VND and profit after tax at 698 billion VND. The company achieved a 100% utilization rate for its offshore drilling rigs and maintained an outstanding safety record with multiple rigs achieving significant Zero Lost Time Incident (LTI) milestones. Key strategic achievements included the acquisition of the PV DRILLING VIII jack-up rig and investment in a new Hydraulic Workover Unit to expand well intervention and abandonment services. Additionally, the company advanced its ESG commitments by implementing energy-saving initiatives, such as LED replacement projects on rigs, and contributing over 12 billion VND to social welfare and community programs.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Total Waste
Net Zero Target
Employees