Ongoing Analysis and News Reporting on Oil Markets

Contract summary

Industry

• Research and development services and related consultancy services - 73000000

• Services related to the oil and gas industry - 76000000

Location of contract

Any region

Value of contract

£20,000 to £40,000

Procurement reference

tender_319048/1113685

Published date

18 October 2022

Closing date

1 November 2022

Closing time

1pm

Contract start date

11 November 2022

Contract end date

10 October 2023

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

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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.

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About the buyer

Contact name

Department for Business, Energy and Industrial Strategy

Address

1 Victoria Street
London
SW1H 0ET
England

Email

internationalclimateandenergy.procurement@beis.gov.uk

Website

https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=55049