The Petroleum Technical Services Corporation (PTSC) of Vietnam on Jan. 14 hosted a ceremony for launching its geophysical survey joint venture with a Dutch business.

Formed by PTSC and CGGVeritas of Netherlands , PTSC –CGGV Geophysical Survey Co., Ltd aims to supply offshore two-dimensional (2D) and three dimensional (3D) seismic data acquisition service in and out of the Vietnamese territory.

PTSC is a member company of the Vietnam National Oil and Gas Group (PetroVietnam). Recently, the company has launched 2D seismic data acquisition service in Myanmar .

The cooperation between PTSC and CGGVeritas is expected to help PTSC raise its prestige and create a momentum for it to expand its service to regional markets.

On the occasion, PTSC –CGGV signed a contract on 3D seismic acquisition service with PVEP Overseas of Myanmar. /.