PTSC Asia Pacific Pte Ltd

Incorporated on 14 June 2012, it operates as a joint venture with 51% ownership by PetroVietnam Technical Services Corporation (PTSC), a key subsidiary of Vietnam National Industry - Energy Group (Petrovietnam), and 49% by Yinson Production, a subsidiary of Malaysia-based Yinson Holdings Berhad. The company focuses on providing floating marine assets and related support services incidental to oil and gas extraction, with a primary activity of chartering and servicing these units.

PTSC AP primarily operates in offshore Vietnam, where it has supplied and managed vessels for major fields. Key assets include the FPSO PTSC Lam Son, operational since June 2014 in the Thang Long–Dong Do fields (Blocks 01/97 & 02/97), and the newbuild dual-fuel FSO PTSC LDV for the Lac Da Vang project in Block 15-1/05. The latter vessel, with approximately 500,000 barrels storage capacity, was contracted in December 2024 under a 10-year firm charter (extendable by five years) with Murphy Cuu Long Bac Oil Co. Ltd. and achieved first oil in September 2026 ahead of schedule.

As part of the PTSC group, which leads in Vietnam for FSO/FPSO technologies including newbuild, conversion, and O&M services, PTSC AP strengthens regional capabilities in offshore production infrastructure. It supports energy security and sustainable operations through advanced vessel designs emphasizing safety, efficiency, and lower emissions, positioning it as a specialized player in Southeast Asia's floating production market.