On 06/11/2013, BOD of Drilling Mud Corporation announced decision on the foundation of the branch as follows:
Article 1: The foundation of branch
1. Branch name:
DMC – Drilling Fluids and Well Services (DMC – WS)
2. Office: 14 Pham Hong Thai, Ward 7, Vung Tau City, Ba Ria – Vung Tau Province
3. Business lines:
+ Research, transfer technologies, supply drilling fluids service, petroleum well repair and complete service, well bottom processing; supply service of exploring, exploiting and transporting petroleum;
+ Produce, trade chemicals, materials and equipment for technology research and transfer; supply drilling fluids service, petroleum well repair and complete service, well bottom processing; supply service of exploring, exploiting and transporting petroleum; and other industries;
+ Supply logistics service
+ Services of , experiment of drilling fluids and chemicals in petroleum exploration, exploitation, transportation and storage; service of physical and chemical of crude oil; service of storage, preservation of samples for experiment.
Article 2: Assign General Manager to direct functional departments under holding company – DMC to complete procedures to establish the branch in accordance with current regulations.