Award

Ongoing Analysis and News Reporting on Oil Markets (2026-27)

DEPARTMENT FOR ENERGY SECURITY & NET ZERO

This public procurement record has 1 release in its history.

Award

02 Apr 2026 at 13:08

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process undertaken by the Department for Energy Security & Net Zero, located at 55 Whitehall, London, involved the awarding of a contract for "Ongoing Analysis and News Reporting on Oil Markets (2026-27)." This contract focuses on services within the oil and gas industry, specifically providing thorough market analysis and commentary on global oil markets. The contract was awarded to S&P Global Energy, a large supplier based in the United States. The award stage was completed on 2nd April 2026, with the contract period spanning from 20th March 2026 to 30th November 2027. The procurement method for this process was direct, conducted below the threshold and without competition, aligning with central government public authority regulations under the UKPGA 2023/54.

This tender offers significant opportunities for businesses specialising in data analysis and market reporting within the energy sector. Companies with expertise in geopolitical factors, OPEC+ action, and the energy transition can effectively compete in such procurement processes. Given the direct procurement method and the nature of the contract, businesses capable of delivering high-quality insights without the need for competitive tendering will find this an advantageous opportunity. Future opportunities can arise if there are other potential suppliers identified during market analysis, providing scope for expansion and increased engagement in the service delivery for oil market analysis.

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Notice Information

Notice Title

Ongoing Analysis and News Reporting on Oil Markets (2026-27)

Notice Description

This contract provides concise, in depth news and analysis of global oil markets, underpinned by comprehensive daily market price data that feeds daily updates, monthly oil market fundamentals, ad hoc analysis and commentary. It tracks supply, demand, prices and trade flows, covering key drivers such as geopolitics, OPEC+ decisions, production and investment trends, and the energy transition, turning complex market developments into clear and relevant insight for decision-makers.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067be2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030927-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

76 - Services related to the oil and gas industry

CPV Codes

76000000 - Services related to the oil and gas industry

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£111,620 £100K-£500K

Notice Dates

Publication Date
2 Apr 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
20 Mar 20262 weeks ago
Contract Period
20 Mar 2026 - 30 Nov 2027 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR ENERGY SECURITY & NET ZERO
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
SW1A 2HP
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

Supplier Information

Number of Suppliers
1
Supplier Name

S&P GLOBAL ENERGY

Further Information

Notice Documents

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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