Award

DESNZ Wood Mackenzie Subscription 2024-2025

DESNZ

This public procurement record has 1 release in its history.

Award

05 Sep 2024 at 14:15

Summary of the contracting process

The Department for Energy Security and Net Zero (DESNZ) has concluded the award stage of a procurement process for an annual subscription service with Wood Mackenzie Ltd. The contract, titled "DESNZ Wood Mackenzie Subscription 2024-2025," falls under the industry category of subscription services (CPV: 79980000) and pertains to the provision of information on upstream oil and gas fields. This information will support DESNZ in understanding market impacts on UK oil and gas production. The contract, valued at £111,655.20 GBP, spans from 1st September 2024 to 31st August 2025 and covers various locations including the United Kingdom and British Overseas Territories, among others. The procurement method employed was a direct award, typical for subscription services.

This tender offers significant opportunities for businesses specialising in market analysis, energy consultancy, and data services. Companies with expertise in producing detailed reports on the oil and gas sector, particularly those that can interpret market events, mergers, and acquisitions, stand to benefit from similar future procurements. Small and medium-sized enterprises (SMEs) would find this type of contract particularly advantageous as it suits their scale of operation. By providing comprehensive, up-to-date market data, businesses can assist government departments and commercial clients in making informed decisions about energy security and production flows, thereby broadening their service offerings and client base.

How relevant is this notice?

Notice Information

Notice Title

DESNZ Wood Mackenzie Subscription 2024-2025

Notice Description

Wood Mackenzie annual subscription is a source of information on upstream oil and gas fields. This data is used to understand how market events, e.g. low oil price disruption, or Mergers and Acquisitions, or other disruptive events may impact on production from the UKCS and on UK Government policies around energy security of supply. WoodMac is also used by commercial experts who need to understand how market events can impact on individual businesses and by officials from the International Energy Unit who need a good overview of UK oil and gas production and flows.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4883f258-96de-4a67-97df-e12b3c64718a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/90125bd2-5b32-47f9-bdeb-8d3961a043fe
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award - Subscription Service
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
£111,655 £100K-£500K
Lots Value
Not specified
Awards Value
£111,655 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Sep 20241 years ago
Submission Deadline
30 Aug 2024Expired
Future Notice Date
Not specified
Award Date
29 Aug 20241 years ago
Contract Period
31 Aug 2024 - 31 Aug 2025 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DESNZ
Contact Name
Not specified
Contact Email
waseem.rana@energysecurity.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
SALFORD
Postcode
M3 5BS
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified

Local Authority
Salford
Electoral Ward
Blackfriars & Trinity
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

WOOD MACKENZIE

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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