Focused on investment for fleet of modern specialized offshore supply vessels and expanding PTSC Vung Tau Supply base to become a modern and multipurpose base. Successfully construction of the accommodation block LQ-CPC 99 for Vietsovpetro, a strong foundation for the development of petroleum mechanical and construction service. Performed O&M contract for Nam Con Son Gas Processing Plant, Lan Tay Processing Platform which set foundation of O&M services for offshore facilities. Signed the business cooperation contract for investment in FPSO Ruby Princess between PTSC, PVI and PVFC, a new chapter for PTSC by joining a new promising high technical services which was supply, management operation and maintenance of FSO/FPSO.

2006: Successfully equitization and IPO 2007: Officially operated as joint stock company, changed organization structure in to Affiliated - Subsidiary company and PTSC’s stock with stock code PVS. Invested in FSO Orkid and FPSO Ruby II, affirming PTSC’s ability in the provision of supply, operations, and maintenance services of FSO/FPSO.  Successfully in execution of Bien Dong project with total volume of engineering and manufacturing up to 30.000 ton and worth 1 USD billion, the biggest EPC project in Vietnam that time as the main EPC contractor.

Invested in FSO PTSC Bien Dong 01 and FPSO PTSC Lam Son, mastered the core technologies in new-build, conversion and O&M services for FSO/FPSO, promoted PTSC as the lead contractor in Vietnam and well-positioned contractor in the region for the supply, operations, and maintenance services of FSO/FPSO. Enhanced the capacity and competitiveness for EPCI projects by winning international competitive bidding and successfully performed projects such as HRD Platform for ONGC, Maharaja Lela South in Brunei for Total E&P.

Executed successfully for onshore industry projects such as NPK Fertilizer Factory; Ammonia NH3 Production Plant for PVFCCo; Ca Mau Gas Processing Plant for PV Gas; Haiphong terminal project, Expanding Go Dau factory for Top Solvent (Thailand) and Vopak (Holland) Galaxy Expansion – Phase III, Thi Vai LNG terminal project and petrochemical complex project – Package A1 (LSP - A1) for TPSK. Completed in building, launching, handing over and operating successfully and safely a fleet of 8 new built vessels for Nghi Son Refinery Plant project (NSRP). FSO Golden Star officially in operation, marking a great milestone for Sao Vang - Dai Nguyet Project, together with Sao Vang CPP and inter-field pipeline system which were also executed by PTSC as the main contractor. Executed successfully Gallaf Project (Al Shaheen) for North Oil Company in Qatar. The transportation, installation, commissioning of 3 WHP for the projectw ith over 800 PTSC employees in Qatar during the Covid-19 pandemic outbreak was completed successfully and safely.

PTSC added new business lines: electricity generation, electricity transmission and distribution, industrial construction, renewable energy... opening up more development opportunities and heading to be the leading service provider on marine & industrial works in Vietnam. In July 2021, PTSC was awarded by NOC for the Gallaf project - Phase 3 in Qatar with a volume of over 19,000 tons upon the fierce competition with international contractors globally.

In September 2021,  Northland Power Development Services Inc. and Yushan Engery Co., Ltd signed an agreement with PTSC M&C for the Engineering, Procurement & Construction of 02 substations of Hai Long 2 and Hai Long 3 wind power projects off the coast of Taiwan (China) marking for the first time a local Vietnamese enterprise was able to performed this kind of work.
PTSC has exceeded its production and business targets ensuring the safety of its workers on all local and foreign projects and generating good income and benefits for all employees in the context of the complicated outbreak of COVID-19 globally.