Vietsovpetro Joint Venture issued on December 15, 2021 its notice of its notice of bid invitation for procurement package of Processing 1000 sq. km AVA/AVO inversion within Block 16-1/15 with details as follows:

Procuring agency: Vietsovpetro Joint Venture

Name of procurement package: Processing 1000 sq. km AVA/AVO inversion within Block 16-1/15 (bidding package No. DV-442/21-NIPI-MSV) “Notice ref No 20211248781 - 00. Date of publication: 15/12/2021 09:03"

- Implementation period: 05 months

Project name: This tender under Vietsovpetro - PSC Block 16-1/15 procurement plan 2021

Source of fund: The source of funding for implementation of the bidding package is Vietsovpetro - PSC BLOCK 16-1/15 financial plan for production activities in 2021

Method of bidder selection: International open bidding, one-stage two envelope bidding

Time of issuing bidding documents: from 09:03 am, 15 December 2021 to 09:00 am, 24 January 2022 (during office hours)

Place of issuing bidding documents:

Price of bidding documents: VND 500,000

Bid security: VND 159,600,000 or USD 7,000 through banks or branches which legally operate in Viet Nam

Bid closing time: 09:00 am, 24 January 2022

Bid opening time: 09:30 am, 24 January 2022.