Tender

Ongoing Analysis and News Reporting on Oil Markets

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Tender

18 Oct 2022 at 18:53

Tender Notice
Summary of the contracting process

The Department for Business, Energy & Industrial Strategy has issued a tender titled "Ongoing Analysis and News Reporting on Oil Markets" in the research and development services and related consultancy services industry category. The contract is valued at £40,000 GBP and has a minimum value of £20,000 GBP. The procurement method is an open procedure (below threshold), with the tender period closing on 1st November 2022. The contract will be effective from 11th November 2022 to 10th October 2023.

This procurement opportunity by the Department for Business, Energy & Industrial Strategy offers business growth prospects for companies providing in-depth analysis of global oil markets, access to analysts/experts in the oil industry, and archived news and data materials. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSEs) are encouraged to participate in this tender process, catering to diverse business entities in the services sector seeking to contribute to the oil and gas industry.

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Notice Information

Notice Title

Ongoing Analysis and News Reporting on Oil Markets

Notice Description

This opportunity is for the appointment of Services to provide Ongoing Analysis and News Reporting on Oil Markets (2022-2023). This will be a 12 month contract effective from 11th November 2022. Tender documents can be accessed on the BEIS Jaggaer portal. https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=55049 Requirement: In-depth news, insight and analysis of global oil markets. This must include comprehensive coverage of global oil supply, demand, refining and trade, with regular, high quality analysis of important market developments and otherwise topical oil market issues - among them key price drivers and key uncertainties going forward. Coverage must be broad enough to allow BEIS to understand, interpret and further analyse the widest possible range of unpredictable oil market issues and developments, to support HMG oil market monitoring and analysis, as well as wider policy development. Access to analysts/experts. BEIS requires direct access to analysts and/or other oil market experts on an ad hoc basis, including via timely face-to-face presentations on key publications and bespoke topics if necessary. Access to archived news, data, analytical reports, visualisations, and other material. These should be easily searchable to allow for ad hoc research. Necessary coverage: Areas of particular interest and focus are constantly changing, but current (essential) requirements include: - Monthly fundamentals data, covering crude and all primary liquids and refined products supply and demand across all major oil producers and consumers. Analysis of oil market fundamentals at both the global and country levels. - Refining market insights and outlook, including information on refinery capacities and throughputs, and refining margins. - OPEC+ compliance insights and monthly/quarterly production forecasts for next 1-2 years or longer. - Coverage of security of supply issues, including of threats of or actual physical disruption. - Insight and data on international trade flows. This includes analysis of the ongoing reorientation of trade flows in light of Western Sanctions on Russian oil. Granular information and current data on global oil pipeline architecture, capacity and international flow data is desirable. - Short-, medium- and long-term market outlook, including of oil supply, demand and price. These should be grounded in data and analysis of market fundamentals and include commentary around risks and strategic production decisions from OPEC+. Fundamentals analysis should ideally include country-level outlooks for oil supply and demand and commentary/analysis of current and future drivers of oil in the energy mix, including in different sectors.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-af473974-74a0-4dee-897a-83b634417cce
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5b28fc7a-5403-4d2b-a45b-e37acd294c29
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

76 - Services related to the oil and gas industry

CPV Codes

73000000 - Research and development services and related consultancy services

76000000 - Services related to the oil and gas industry

Notice Value(s)

Tender Value
£40,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Oct 20223 years ago
Submission Deadline
1 Nov 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
11 Nov 2022 - 10 Oct 2023 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1H 0ET
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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