Thought Leadership  •  May 03, 2022

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Virtual Data Rooms Energy & Power Industry

Making deals happens all the time in the oil and gas, power, and renewable energy sectors. Given the amount of highly confidential information involved — often including valuable trade secrets and IP — it’s important to be able to secure it throughout the process.

This is why Venue is the leading virtual data room for the energy industry. Using this platform’s enhanced security, companies within these verticals can share documents securely and safely without the risk of them falling into the wrong hands.

Energy Sector Data Rooms by Venue for RFP & Bid Management, M&A Deals, Fundraising, and Environmental Audits

We understand how critical it is that an oil and gas data room be built to facilitate a wide range of deals and other business processes. Venue is built to protect your most important documentation every step of the way for:

  • RFP & Bid Management: Managing project bid for jobs in the energy sector becomes much easier and safer with this platform.
  • M&A Deals: Be ready for a deal and streamline due diligence whether you’re the buyer or seller.
  • Fundraising: Venue enables you to share any pertinent details with our virtual data rooms for energy transactions.
  • Environmental Audits: Prepare for audits and keep all the relevant data in a single, secure location.

3 Key Differentiators

It’s compliant

Because this solution complies with GDPR, CCPA and APP standards, companies within the industry know they can count on Venue to cover all the regulatory bases for them.

It’s relevant

The importance of environmental, sustainability and governance compliance in these verticals cannot be overstated. Venue provides the ability to provide secure sharing of these documents and any supplemental reporting to satisfy such requirements.

It’s secure

With robust security measures and comprehensive support from DFIN, users can have peace of mind knowing they won’t have to worry about anything.

Frequently Asked Questions

What is a Virtual Data Room?

In the simplest terms, it is an online repository for confidential documents and information that enables stakeholders to access them without risking unnecessary exposure.

How does a Virtual Data Room work?

Unlike file-sharing sites or extranet solutions, a VDR gives you more control over access to documentation. This includes providing a complete log of everyone who has accessed a file, controlling whether the document can be printed or downloaded, and more.

Who has access to a Virtual Data Room?

Security measures in Venue mean only those who have been granted access to files have the ability to access them. This can be set for individual documents, better ensuring that no one without authorization will be able to do anything with them.

joseph

Joseph Seitz

Marketing Analyst, DFIN