Tan Cang Offshore Services Joint Stock Co
UUPCOM:TOS92,000.00
VND
-600.00
(-0.65%)
ISIN
VN000000TOS7
Return %
Stock
S&P 500
1Y
-29.12
14.20
3Y
197.73
81.12
5Y
72.61
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Sector
- Industrial services
- Industry
- Oilfield services/Equipment
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Sep 8, 2021
- Website
- tancangoffshore.com
- Similar Companies
- Business
- Tan Cang Offshore Services Joint Stock Company is a Vietnam-based marine logistics and offshore support services provider operating primarily within the oil and gas exploration, production, and offshore renewable energy sectors. Founded in 2012 and headquartered in Ho Chi Minh City, Vietnam, the company operates as a key offshore maritime subsidiary of Saigon Newport Corporation. The company provides a comprehensive suite of offshore marine solutions organized into specialized service lines, comprising offshore support vessel chartering and vessel management, featuring dynamic positioning anchor handling tug supply vessels, platform supply vessels, fast crew supply boats, safety standby vessels, ocean-going tugboats, accommodation work barges, and flat-top transport barges; subsea engineering and underwater inspection, repair, and maintenance services, including commercial diving operations, remotely operated vehicle intervention, underwater pipeline and jacket surveys, and hull cleaning; offshore construction, installation, and hook-up and commissioning support for wellhead platforms, subsea pipelines, single point mooring systems, and offshore wind turbine foundations; marine towage, emergency salvage, and oil spill response operations; rig positioning, anchor handling, and rig move management; and integrated offshore supply base logistics, port agency, offshore catering, and technical marine equipment supply. Tan Cang Offshore Services serves national energy corporations, international oil and gas operators, offshore EPCI contractors, and renewable energy developers across Vietnam's continental shelf and regional maritime markets throughout Southeast Asia, including Malaysia, Thailand, and Indonesia. In recent developments, the company has expanded its strategic footprint in the renewable energy sector by providing offshore foundation installation, transport, and subsea inter-array cable laying services for offshore and nearshore wind farm developments in Vietnam. The company has also executed fleet modernization initiatives through the acquisition and long-term deployment of high-specification multi-purpose support vessels and dynamic positioning workboats, while expanding strategic partnerships with international marine contractors to secure regional cross-border chartering and deepwater support contracts across the Asia-Pacific region.