The two companies signed contracts totalling almost US$35 million on April 13 in Kuala Lumpur.

Under the deals, PTSC will supply a multi-functional DP2 Platform Supply Vessel to Talisman Malaysia and a “tailor made” service.

PTSC director general Nguyen Hung Dung said that the corporation had worked out ways to build the vessel, with better technical functions, at a cheaper price.

The Deputy President of Talisman Malaysia Wee Yiaw Hin said that PTSC had played a significant role in the building and maintaining of project PM3-CAA and had supported the enterprise’s operations well.

PM3-CAA is targeted towards the area between Vietnam and Malaysia under an oil production sharing contract and the vessel will be used on this project.

This is the second time that PTSC has worked with Talisman Malaysia. Last December, PTSC won an international tender to supply a vessel to the company at a value of nearly US$35 million.

Previously, the Vietnamese firm also won another international bid to supply a floating storage and offloading vessel, two service vessels and a multi-functional service vessel among others.

PTSC has exported a number of technical-service packages for the oil and gas industry in Malaysia with a total market value of hundreds of millions of US dollars.

Petroleum Technical Services Corporation (PTSC) is a member of the Vietnam National Oil and Gas Group (PetroVietnam) which provides a diverse range of technical services for the oil and gas industry both inside and outside Vietnam and has assets of nearly US$200 million and more than 4,000 employees.