PTSC joint venture company standing on the brink of dissolution

PTSC joint venture company standing on the brink of dissolution

The nosedive in oil prices has put the hundred-million-dollar joint venture between PTSC and its Dutch partner on the brink of dissolution.
PTSC to make $57 million investment aboard

PTSC to make $57 million investment aboard

PTSC, a subsidiary of PetroVietnam, will contribute $57 million to form a joint venture company with Yinson Clover Ltd. (YCL) in the Marshall Islands.