PetroVietnam Steel Pipe
- Company typePrivate
- Founded2010
- HeadquartersBen Tre, Vietnam
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
PetroVietnam Steel Pipe firmographics
Firmographics- Name
- PetroVietnam Steel Pipe
- Legal name
- Công Ty Cổ Phần Sản Xuất Ống Thép Dầu Khí Việt Nam
- Website
- https://pvpipe.vn
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
PetroVietnam Steel Pipe industry classification
Industry- Product category
- Steel Pipe Manufacturing
- NAICS
- Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121), Fabricated Pipe and Pipe Fitting Manufacturing (332996), Steel Product Manufacturing from Purchased Steel (3312)
- SIC
- Steel Pipe & Tubes (3317), Fabricated Structural Metal Products (3440)
- akta.pro primary industry
- Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube) (IMAKABAI)
- akta.pro secondary industries
- Steel Plate, Sections & Welded Assemblies (IMADACAD), Bridge & Infrastructure Steel Components (IMADACAL)
Keywords
Where PetroVietnam Steel Pipe is headquartered
LocationHeadquarters
- HQ city
- Ben Tre
- HQ country
- Vietnam
- HQ region
- Asia
Offices3 records
Markets served
PetroVietnam Steel Pipe business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D
Revenue model
- Steel Pipe Manufacturing and Sales: Manufacturing and sale of welded steel pipes for oil and gas pipelines, water pipelines, and chemical pipelines. Products comply with API 5L, API 2B, and other international standards. Revenue generated from project-based supply contracts for domestic and international projects.
- Structural Steel Fabrication: Fabrication of steel structures for offshore wind farms, jacket foundations, external platforms, and energy/technology construction projects
- Blasting and Painting Services: Surface treatment services including sandblasting and painting for steel pipes and structures
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Project-based custom manufacturing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
PetroVietnam Steel Pipe product offering
Product offeringCore offering
PetroVietnam Steel Pipe manufactures welded steel pipes using Submerged Arc Welding (SAW) technology, including LSAW, SSAW, and ERW processes, for oil and gas pipelines, structural applications, and offshore wind energy projects. The company also fabricates custom steel structures for energy infrastructure and provides blasting and painting surface treatment services. Operating from a 200,000 MT/year facility in Vietnam, it serves as a key domestic supplier of API 5L and API 2B certified steel products for national and international energy projects.
Product overview
PV GAS PIPE (formerly PV PIPE) is a comprehensive steel pipe manufacturing company serving the oil & gas and renewable energy industries. The product portfolio centers on four main offerings: (1) Ống dẫn (Pipeline) — transmission pipes for oil, gas, water and chemical transport manufactured to API 5L standards using LSAW/ERW technology with capacities up to X80 grade; (2) Ống kết cấu (Structural Pipe) — large-diameter structural pipes for offshore wind farm jacket foundations and offshore platforms meeting API 2B and DNV standards; (3) Kết cấu thép (Steel Structure) — custom fabricated steel components including external platforms, pressure tanks, and pipe spools for energy infrastructure; and (4) Phun cát & sơn (Blasting & Painting) — surface treatment services for corrosion protection. The company operates LSAW, SSAW, and ERW manufacturing lines with 200,000 MT/year capacity.
Differentiator
Problem solved
Functional benefit
Products and services
- Ống dẫn (Pipeline) Steel transmission pipes manufactured to API 5L standards using LSAW and ERW processes with diameters from 16 to 60 inches, serving oil, gas, water, and chemical pipeline applications for enterprise customers in oil and gas sector.
- Ống kết cấu (Structural Pipe) Large-diameter structural steel pipes manufactured to API 2B and DNV standards for offshore wind farm jacket foundations, bracing, casing, and tubular applications serving offshore energy developers.
- Kết cấu thép (Steel Structure) Custom fabricated steel structures for energy and technology projects including external platforms, filter housings, pressure tanks, pipe spools, and data center cooling systems serving construction and energy infrastructure customers.
- Phun cát & sơn (Blasting & Painting) Surface treatment services including abrasive blasting and industrial painting for corrosion protection of steel pipes and structures, supporting durability in offshore and onshore environments.
Quantifiable outcome
- 500,000 tons of SAWL steel pipe production target for 2010-2025 period
- +2 more outcomes
Companies that use PetroVietnam Steel Pipe
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
PetroVietnam Steel Pipe technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
PetroVietnam Steel Pipe partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NEXTEEL Co., LtdcoreComprehensive cooperation agreement (MOA) signed February 20, 2025 at PV GAS headquarters in Ho Chi Minh City. Strategic partnership aims to supply PV PIPE steel pipes through NEXTEEL's global distribution network to markets including USA, Canada, and Middle East. Target volumes: 10,000 tons in 2025, doubling in 2026, reaching 40,000 tons/year from 2027-2030. PV PIPE leverages its API-certified manufacturing while NEXTEEL provides its 35-year experience and global network with 1.34 million ton annual production capacity.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
PetroVietnam Steel Pipe competitors and assessment
Company assessmentBroad incumbents
- Tenaris S.A. World's largest manufacturer of seamless and welded steel pipe products for energy and industrial applications. Comparable in serving oil & gas and offshore wind structural pipe markets, but with global integrated operations and significantly larger scale.
- Vallourec S.A. Global leader in premium seamless and welded OCTG and line pipe for oil & gas. Comparable in API-certified line pipe supply to energy customers, but with a far broader international footprint and product portfolio than PV PIPE.
- Hyundai Steel: Korean integrated steelmaker with significant welded pipe division serving oil & gas and shipbuilding. Comparable in API 5L pipe capability but operates at much larger, integrated scale and also supplies raw steel to peers like PV PIPE.
Direct peers
- EEW Group: German-based specialist fabricator of large-diameter structural pipe and monopile/jacket foundations for offshore wind. Comparable to PV PIPE's offshore wind structural pipe business (Greater Changhua, Fengmiao 1) and a key global competitor for jacket foundation work.
- Borusan Mannesmann: Turkish producer of welded steel pipe (LSAW, ERW, HSAW) for oil & gas pipelines and structural applications. Comparable in product mix (API 5L line pipe and offshore structural pipe) and export orientation to global energy markets.
- SeAH Steel Holdings: Korea's largest steel pipe manufacturer producing SAWL, ERW, and stainless pipes for oil & gas, shipbuilding, and construction. Directly comparable product portfolio (API 5L line pipe and offshore structural pipe) serving the same global project customer base.
- Jindal SAW Ltd. Indian manufacturer of submerged arc welded (LSAW/HSAW) and ERW steel pipes for oil & gas pipelines and structural applications. Comparable in API-certified line pipe and export-oriented project supply business model.
- NEXTEEL Co., Ltd. South Korean SAWL/ERW steel pipe manufacturer with 1.34 million ton annual capacity. Direct strategic partner and competitor to PV PIPE; both produce API 5L line pipe for oil & gas and structural pipe for offshore applications, and the two companies have signed a comprehensive cooperation agreement targeting 40,000 tons/year of export volume from 2027.
- Welspun Corp Ltd. Indian manufacturer of LSAW/HSAW/ERW line pipe and coating services for oil & gas and water pipelines. Comparable in API-certified welded pipe manufacturing for global energy infrastructure projects and project-based supply contracts.
Emerging players
- Smulders Group: Belgian/Dutch fabricator of offshore wind foundations (jackets, monopiles) and heavy steel structures. Comparable to PV PIPE in supplying jacket foundations for offshore wind farms and competing for similar projects in Greater Changhua-adjacent markets.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat7 records
Key risks7 records
Key highlights6 records
Customer concentration
PetroVietnam Steel Pipe social profiles
Digital presencePetroVietnam Steel Pipe compliance and trust
Trust signalCompliance8 records
PetroVietnam Steel Pipe financial estimates
Financial estimateRevenue estimate
Valuation estimate
PetroVietnam Steel Pipe leadership team
Management profileNumber of profiles
Profiles9 records
PetroVietnam Steel Pipe funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PetroVietnam Steel Pipe M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PetroVietnam Steel Pipe
What does PetroVietnam Steel Pipe do?
PetroVietnam Steel Pipe manufactures welded steel pipes using Submerged Arc Welding (SAW) technology, including LSAW, SSAW, and ERW processes, for oil and gas pipelines, structural applications, and offshore wind energy projects. The company also fabricates custom steel structures for energy infrastructure and provides blasting and painting surface treatment services. Operating from a 200,000 MT/year facility in Vietnam, it serves as a key domestic supplier of API 5L and API 2B certified steel products for national and international energy projects.
Is PetroVietnam Steel Pipe a public or private company?
PetroVietnam Steel Pipe is a private company. It is classified as corporate owned and is currently operating.
When was PetroVietnam Steel Pipe founded?
PetroVietnam Steel Pipe was founded in 2010. It employs 11 to 50 people.
Where is PetroVietnam Steel Pipe based?
PetroVietnam Steel Pipe is headquartered in Ben Tre, Vietnam, in the Asia region.
How does PetroVietnam Steel Pipe make money?
Three revenue lines are on record. Steel Pipe Manufacturing and Sales are the primary driver. The others are structural Steel Fabrication and blasting and Painting Services.
Who are PetroVietnam Steel Pipe's main competitors?
Broad incumbents on record are Tenaris S.A., Vallourec S.A. and Hyundai Steel. Direct peers are EEW Group, Borusan Mannesmann, SeAH Steel Holdings, Jindal SAW Ltd., NEXTEEL Co., Ltd. and Welspun Corp Ltd.. Smulders Group is listed as an emerging player.
Does PetroVietnam Steel Pipe have an API?
No public API is recorded for PetroVietnam Steel Pipe.
What industry is PetroVietnam Steel Pipe in?
PetroVietnam Steel Pipe's product category is Steel Pipe Manufacturing. Its primary akta.pro industry code is IMAKABAI, Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube), with a secondary code of IMADACAD, Steel Plate, Sections & Welded Assemblies. Its NAICS code is 33121 and its SIC code is 3317.