News & Events

News & Events

Electric Motor & Rotating Equipment Repair and Maintenance Workshop opening ceremony at PVD Tech

PVD Trading and Technical Service Joint Stock Company (PVD Tech) - a PV Drilling’s subsidiary – held the opening ceremony The Electric Motor & Rotating Equipment Repair and Maintenance Workshop of PVD Tech, on July 31, 2024 at Dong Xuyen Industrial Park in Vung Tau City.

Representatives from PetroVietnam Drilling & Well Service Corporation (PV Drilling) included Mr. Nguyen Xuan Cuong - Secretary of the Party Committee  - President & CEO; Mr. Mai The Toan - Deputy Secretary of the Party Committee and Chairman of the Board of Directors - Member of Board of Directors; along with Vice Presidents, management of PV Drilling’s subsidiaries and divisions also joined the ceremony.

Representatives from PVD Tech included Mr. Trinh Van Vinh - Secretary of the Party Committee and Chairman of the Board of Directors, and Mr. Nguyen Van Tho - Deputy Secretary of the Party Committee, Board of Directors cum General Director.

The groundbreaking ceremony of the "Phase 3 Workshop Construction Project" took place eight months ago at Dong Xuyen Industrial Park. Following the completion of key phases, including design, procedural approvals, construction, and equipment installation, PVD Tech has favorably established The cutting-edge Electric Motor and Rotating Equipment Repair and Maintenance Workshop in an area of 836 square meters together with well- equipped facility with the latest and most comprehensive systems. This advanced infrastructure will empower the workshop to offer specialized services for motors and rotating equipment to offshore drilling rigs, oil and gas exploitation rigs, petrochemical refineries, and gas-power-fertilizer plants.


The ribbon-cutting ceremony for the new Electric Motor & Rotating Equipment Repair and Maintenance Workshop was conducted by Mr. Nguyen Xuan Cuong - Secretary of the Party Committee and President & CEO of PV Drilling, in collaboration with Mr. Mai The Toan - Deputy Secretary of the Party Committee and Chairman of the Board of Directors of PV Drilling, and PVD Tech’s Board of Management.

Representative of PVD Tech, Mr. Nguyen Van Tho - General Director, stated that the launching of the Electric Motor and Rotating Equipment Repair and Maintenance Workshop represents a significant milestone in the company's service development journey. This achievement aligns with PVD Tech's strategic growth objectives. Above all, it positions the company to independently manage technology, personnel, and equipment in this specialized service area. The services provided by this workshop are characterized by rigorous safety, quality, and reliability standards, which are essential to fulfilling the high expectations of our customers. Looking ahead, PVD Tech shall collaborate with partners, certification bodies, and training institutions to expand into the maintenance services for explosion-proof motors. The workshop is anticipated to obtain this certification by 2025.


Mr. Nguyen Van Tho, General Director of PVD Tech, delivered a speech at the opening ceremony

On this occasion, Mr. Nguyen Van Tho expressed his heartfelt appreciation for the PV Drilling Board of Management’s prompt support, approvals and guidance for making this event happened together with the unwavering efforts of the project management team, project evaluation team, and project supervision team, whose dedication ensured the successful completion of all tasks timely on schedule and within the approved budget. The Director of PVD Tech committed to leveraging the full capabilities of the Electric Motor and Rotating Equipment Repair and Maintenance Workshop to enhance service quality, meet customer demands constructively, and offer high-value-added services to clients.


Mr. Nguyen Xuan Cuong, Secretary of the Party Committee and President & CEO of PV Drilling, delivered a speech at the opening ceremony.

For and on behalf of the PV Drilling’s Board of Management, Mr. Nguyen Xuan Cuong – President & CEO - congratulated PVD Tech on successfully completing a highly outstanding project, marking a critical milestone in the company's growing journey. The President & CEO appreciated PVD Tech for their dedication to launching the project on schedule, within budget, and with utmost safety throughout the execution process despite the global challenges and difficulty of the importation/exportation of machinery & equipment.

"The launching of the Electric Motor and Rotating Equipment Repair and Maintenance Workshop proves the PVD Tech's agility as well as flexibility in enhancing service capabilities, expanding production capacity, and developing new service offerings. This initiative not only addresses the increasingly expanding needs of our customers but also creates the new opportunities for PVD Tech to pioneer service sectors both within and beyond the industry, thereby creating more jobs for our workforce," emphasized by President & CEO Nguyen Xuan Cuong.

PV Drilling and PVD Tech Board of management, along with customers and partners, at the opening ceremony.

Accordingly, the President & CEO of PV Drilling has directed PVD Tech to further enhance its service capabilities, with a focus on strengthening the Repair Workshop team and improving associated processes to meet the progressively complex and demanding requirements of customers. PV Drilling's leaders committed to providing all necessary support and resources to facilitate PVD Tech’s development henceforth.

In addition to its traditional services, including drilling equipment rental (DES), drilling technical services, high-tech equipment design and manufacturing, commercial and logistics services, crane maintenance and repair, and turbine and compressor servicing, the recent inauguration of the Electric Motor and Rotating Equipment Repair Workshop is counted on driving momentous accomplishment in PVD Tech’s sustainable development and contribute to PV Drilling’s achievements in the new growth cycle.

PV Drilling's PR Team.

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