The Malaysia Vietnam Offshore Terminal (MVOT), a joint venture between PetroVietnam Technical Services Corp and Malaysia’s MIBS Bhd, has won a US$176 million contract to provide equipment for Idemitsu Kosan to develop the Sao Vang-Dai Nguyet gas project.
PetroVietnam Technical Services Corp (PVS) estimates its profits for the
first-half of this year at VND570 billion (US$27.1 million) while its
revenue could reach VND10.2 trillion ($485.7 million) by the end of
June.