Vietsovpetro Joint Venture issued on September 1, 2021 its notice of its notice of bid invitation for procurement package of Rock bits for Block 16-1/15 with details as follows:

Procuring agency: Vietsovpetro Joint Venture

Name of procurement package: Rock bits for Block 16-1/15 under Vietsovpetro’s Package VT-399/21-KB “Notice ref No 20210902972 - 00. Date of publication: 01/09/2021 16:20"

- Implementation period: 06 months

Project name: Procurement of materials, equipments and spare parts in year 2021 of Vietsovpetro

Source of fund: Item 24.19.03.26, “Plan of procurement of Vietsovpetro’s Block 16-1/15 in year 2021”

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

Time of issuing bidding documents: from 04:20 pm, 01 September 2021 to 09:00 am, 12 October 2021 (during office hours)

Place of issuing bidding documents: muasamcong.mpi.gov.vn

Price of bidding documents: VND 500,000

Bid security: VND 46,000,000 or USD 2,000 through banks or branches which legally operate in Viet Nam

Bid closing time: 09:00 am, 12 October 2021

Bid opening time: 09:00 am, 12 October 2021.