What smart money is saying about PetroVietnam Drilling & Well Services
1 fund in our archive has pitched PetroVietnam Drilling & Well Services, most recently Dragon Capital Vietnam Enterprise Investments Limited (VEIL) in September 2026.
Petrovietnam Drilling and Well Service Corporation, together with its subsidiaries, provides drilling rigs and drilling-related services to the oil and gas industry in the Socialist Republic of Vietnam and internationally. The company operates through Drilling services and Trading segments. It offers drilling services; well technical services; design, engineer, inspection, repair, maintenance, workshop, trading and other services; manpower and training program services; oil spill response and environment impact assessment services. The company also provides owns and operates offshore and onshore rigs. The company was founded in 2001 and is headquartered in Ho Chi Minh City, Vietnam. Petrovietnam Drilling and Well Service Corporation is a subsidiary of Vietnam National Industry - Energy Group.
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Fund coverage · 1 thesis
- Dragon Capital Vietnam Enterprise Investments Limited (VEIL)September 2026
PetroVietnam Drilling & Well Services runs offshore jack-up rigs in a tight regional market at near-full utilisation, and with one-off costs fading and two rigs added, net profit should roughly double in 2027.
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