Petrovietnam Drilling and Well Services Corporation
Petrovietnam Drilling and Well Services Corporation, commonly known as PV Drilling, is a leading player in the oil and gas industry, headquartered in Vietnam. Established in 2001, the company has rapidly expanded its operations across major regions, including Southeast Asia and beyond, solidifying its position in the drilling and well services sector. PV Drilling offers a comprehensive range of services, including drilling rigs, well services, and engineering solutions, distinguished by their commitment to safety and innovation. The company has achieved significant milestones, such as the successful deployment of advanced drilling technologies, which enhance operational efficiency and reduce costs. With a strong market presence and a reputation for reliability, PV Drilling continues to be a key contributor to Vietnam's energy sector and the broader regional market.
DitchCarbon Score
How does Petrovietnam Drilling and Well Services Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Petrovietnam Drilling and Well Services Corporation's score of 7 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petrovietnam Drilling and Well Services Corporation's reported carbon emissions
In 2023, Petrovietnam Drilling and Well Services Corporation reported total carbon emissions of approximately 1,685,890 kg CO2e. This figure includes 155,480 kg CO2e from Scope 1 emissions and 1,530,410 kg CO2e from Scope 2 emissions. The following year, in 2024, emissions slightly decreased to about 1,656,990 kg CO2e, with Scope 1 emissions at 114,930 kg CO2e and Scope 2 emissions at 1,542,060 kg CO2e. In 2018, the corporation's emissions were significantly lower, totalling around 886,000 kg CO2e, comprising 678,000 kg CO2e from Scope 1 and 208,000 kg CO2e from Scope 3, with a notable portion of Scope 3 emissions attributed to waste generated in operations. Despite these figures, Petrovietnam Drilling and Well Services Corporation has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within an industry context that increasingly prioritises sustainability and carbon footprint reduction, yet it currently lacks formal commitments to align with these trends.
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| 2018 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 678,000 | 000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 |
| Scope 3 | 208,000 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Petrovietnam Drilling and Well Services Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
