# Contract Award - Services to produce and provide long term supply curves for Oil, Coal and Gas

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: Department for Business, Energy & Industrial Strategy
- Contract winner: Rystad Energy Limited
- Award value: £70,000
- Tender value: £70,000
- Award date: 14 February 2023
- Published: 14 February 2023
- Contract start: 14 February 2023
- Contract end: 31 March 2023
- Stage: awarded
- Procurement category: services
- Notice ID: f3826656-3a76-4fd6-bbb8-85f2c0a9a28f-614899
- OCID: ocds-b5fd17-5cf191d1-bc14-4433-b831-7ef6b4a0eb24

## Description

The contract for Services to produce and provide long term supply curves for Oil, Coal and Gas to Department for Business, Energy & Industrial Strategy \("BEIS"\) has been awarded to Rystad\. The overall purpose of the Contract is to generate assumptions for long-term fossil fuel prices by combining new fossil fuel supply curves with projections of fossil fuel demand, i\.e\. where supply meets demand\. The fossil fuel supply curves will reflect the range of uncertainty over the evolution of supply curves through the creation of low and high as well as central projections, reflecting the plausible and evidence-based range and the inherent uncertainty\. The projections will be for 2025, and then for 10-year time blocks between 2030 up to and including 2050\.

## Related contract awards

- [GOTT: RFQ for Public Sector Founder Equity and Rewards to Innovators](/contracts/ocds-b5fd17-c18499b0-0382-42fe-838c-046a6b9983f4): Department for Business, Energy & Industrial Strategy
- [IBM SPSS and Planning Analytical Licenses and Support](/contracts/ocds-b5fd17-04cd2ec6-46ec-4ffd-88be-792ab95f80d6): Department for Business, Energy & Industrial Strategy
- [FSO Executive Search Agency](/contracts/ocds-b5fd17-22f58ce2-7ad2-418f-a3ef-c1f7f74a74a4): Department for Business, Energy & Industrial Strategy
- [Gas and LNG Analysis Subscription Service](/contracts/ocds-b5fd17-976867b6-c93c-4eba-a6af-799a9b56be68): DESNZ
- [Services to provide ongoing analysis and news reporting on the gas sector 2022-2024](/contracts/ocds-b5fd17-462fcf09-c36d-49fe-bc0d-41080b20ffbb): Department for Business, Energy & Industrial Strategy
- [Critical Minerals Data Subscription](/contracts/ocds-b5fd17-ac131e73-9013-44c6-9f51-5c51fe060207): Business Energy and Industrial Strategy

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/f3826656-3a76-4fd6-bbb8-85f2c0a9a28f-614899)