PV Drilling Exceeds Targets in First Half of 2026
In the context of a positively growing oil and gas drilling market across Southeast Asia, Petrovietnam Drilling and Well Services Corporation (PV Drilling) has achieved remarkable success during the first half of 2026. The company has not only met but surpassed all planned targets, solidifying its position as a leading provider of oil and gas drilling services in the region.
Impressive Growth Achievements
During the first half of 2026, PV Drilling reported significant growth metrics compared to the same period in 2025. These successes reflect both the recovery of the oil and gas industry and the company's relentless efforts to expand operations and enhance service quality.
| Performance Metric | H1 2025 | H1 2026 | Growth (%) |
|---|---|---|---|
| Revenue | 1,500 billion VND | 2,000 billion VND | 33% |
| Pre-tax Profit | 300 billion VND | 450 billion VND | 50% |
| Active Rigs | 10 | 12 | 20% |
Sustainable Development Strategy
To achieve these outstanding results, PV Drilling has implemented several sustainable development strategies. The company has focused on:
- Improving drilling technology and support services
- Expanding market presence across Southeast Asian countries
- Enhancing workforce quality through specialized training programs
- Implementing collaborative projects with strategic industry partners
Future Vision
With these achievements, PV Drilling continues to reinforce its position in the oil and gas drilling services market. The company is committed to ongoing investment in new technologies and operational expansion to meet the growing market demands. By maintaining this growth trajectory, PV Drilling aims to become a leading player in the oil and gas drilling industry not only in Southeast Asia but globally.
PV Drilling will continue to closely monitor market developments to promptly adjust strategies, ensuring sustainable and effective growth in the future.