Abstract
Norway Oil and Gas Exploration and Production Industry Investment
Opportunities, Analysis and Forecasts of All Active and Planned Exploration
Blocks and Oil and Gas Fields to 2012
Summary
This profile is the essential source for top-level industry data and
information relating to the Exploration and Production industry in Norway. It
provides asset level information relating to the active and planned oil and
gas fields and exploration blocks in Norway. The profiles of the major
companies operating in the upstream industry of Norway are also included in
the report. The latest news and deals pertaining to the sector are also
provided and analyzed.
Scope
・ Updated information relating to all active and planned exploration
blocks.
・ Provides historical and forecast data and information for all
the major operating and planned crude oil and natural gas fields.
・
Details operators and equity partners of oil and gas fields and exploration
blocks.
・ Includes information relating to license round details, start
and end dates, acreage, location, and reserves.
・ Information on the top
companies in the sector including business description, strategic analysis,
and financial information.
・ Product and brand updates, strategy changes,
R&D projects, corporate expansions and contractions and regulatory
changes.
・ Key mergers and acquisitions, partnerships, private equity
investments and IPOs.
Reasons to buy
・ Obtain the most up to date information available on exploration licenses and
oil and gas fields.
・ Identify growth markets and opportunities in the
industry.
・ Facilitate market analysis and forecasting of future industry
trends.
・ Facilitate decision making on the basis of strong historic and
forecast data data.
・ Assess your competitor' s exploration and production
asset portfolio.
・ Understand and respond to your competitors business
structure, strategy and prospects.
・ Develop strategies based on the
latest operational, financial, and regulatory events.
・ Do deals with an
understanding of how competitors are financed, and the mergers and
partnerships that have shaped the market.
・ Identify and analyze the
strengths and weaknesses of the leading companies.
Table of Contents
1 Table of Contents 2
1.1 List of Tables 10
1.2 List of Figures 12
2 Norway, Country Snapshot 13
2.1 Norway, Key Data 13
2.2 Norway,
Exploration and Production Assets Map 14
2.3 Norway, Crude Oil & Natural
Gas Reserves 15
3 Norway, Crude Oil And Natural Gas Production 17
3.1
Norway, Historical Crude Oil Production 17
3.2 Norway, Historical Natural
Gas Production 18
3.3 Norway, Crude Oil and Natural Gas Producing Asset
Details 19
3.4 Norway, Crude Oil Production Assets by Area 27
3.5
Norway, Natural Gas Production Assets by Area 29
3.6 Norway, Planned
Production Assets Details 31
3.7 Norway, Crude Oil Production by Company
31
3.8 Norway, Natural Gas Production by Company 33
4 Norway, Crude
Oil And Natural Gas Forecasts 35
4.1 Norway, Forecasted Crude Oil
Production 35
4.2 Norway, Forecasted Natural Gas Production 35
4.3
Norway, Forecasted Crude Oil Production of Key Assets 36
4.4 Norway,
Forecasted Natural Gas Production of Key Assets 37
4.5 Norway, Forecasted
Asset Wise Gross Revenues 38
4.6 Norway, Forecasted Asset Wise Total
Government Take 39
4.7 Norway, Forecasted Asset Wise Income Tax 40
4.8
Norway, Forecasted Asset Wise Contractor Take 42
5 Norway, Exploration
Block Details 44
5.1 Norway, Total Number of Active Exploration Blocks
44
5.2 Norway, Total Number of Active Exploration Blocks by Company 45
5.3 Norway, Exploration Blocks Details 46
6 Statoil ASA 65
6.1 Statoil
ASA, Company Snapshot, Key Information 65
6.2 Statoil ASA, Company
Overview 65
6.3 Statoil ASA, Business Description 65
6.3.1 Statoil
ASA, Business Description, Business Overview 65
6.3.2 Statoil ASA,
Business Description, Exploration and Production Norway 66
6.3.3 Statoil
ASA, Business Description, International Exploration and Production 66
6.3.4 Statoil ASA, Business Description, Manufacturing and Marketing 67
6.3.5 Statoil ASA, Business Description, Natural Gas 68
6.3.6 Statoil ASA,
Business Description, Major Products and Services 69
6.4 Statoil ASA,
Value Chain Analysis 71
6.4.1 Statoil ASA, Value Chain Analysis, Upstream
71
6.4.2 Statoil ASA, Value Chain Analysis, Midstream 72
6.4.3 Statoil
ASA, Value Chain Analysis, Downstream 73
6.4.4 Statoil ASA, Value Chain
Analysis, Retail 73
6.5 Statoil ASA, SWOT Analysis 74
6.5.1 Statoil
ASA, SWOT Analysis, Overview 74
6.5.2 Statoil ASA, SWOT Analysis,
Strengths 74
6.5.3 Statoil ASA, SWOT Analysis, Weaknesses 75
6.5.4
Statoil ASA, SWOT Analysis, Opportunities 75
6.5.5 Statoil ASA, SWOT
Analysis, Threats 76
6.6 Statoil ASA, Revenue Analysis 76
6.6.1
Statoil ASA, Revenue Analysis, Revenue by Segment 76
6.6.2 Statoil ASA,
Revenue Analysis, Revenue by Geography 77
6.7 Statoil ASA, Financial and
Operational Review 78
6.7.1 Statoil ASA, Financial and Operational Review,
Financial Statements 78
6.7.2 Statoil ASA, Financial and Operational
Review, Financial Ratios 79
6.8 Statoil ASA, Operational Indicators 80
7 Exxon Mobil Corporation 81
7.1 Exxon Mobil Corporation, Key Information
81
7.2 Exxon Mobil Corporation, Company Overview 81
7.3 Exxon Mobil
Corporation, Business Description 81
7.3.1 Exxon Mobil Corporation,
Business Description, Business Overview 81
7.4 Exxon Mobil Corporation,
Value Chain Analysis 82
7.4.1 Exxon Mobil Corporation, Value Chain
Analysis, Upstream 82
7.4.2 Exxon Mobil Corporation, Value Chain Analysis,
Midstream 83
7.4.3 Exxon Mobil Corporation, Value Chain Analysis,
Downstream 84
7.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail
84
7.5 Exxon Mobil Corporation, SWOT Analysis 85
7.5.1 Exxon Mobil
Corporation, SWOT Analysis, Overview 85
7.5.2 Exxon Mobil Corporation,
SWOT Analysis, Strengths 85
7.5.3 Exxon Mobil Corporation, SWOT Analysis,
Weaknesses 87
7.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities
88
7.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 90
7.6 Exxon
Mobil Corporation, Revenue Analysis 91
7.6.1 Exxon Mobil Corporation,
Revenue Analysis, Revenue by Segment 91
7.6.2 Exxon Mobil Corporation,
Revenue Analysis, Revenue by Geography 92
7.7 Exxon Mobil Corporation,
Financial and Operational Review 93
7.7.1 Exxon Mobil Corporation,
Financial and Operational Review, Financial Statements 93
7.7.2 Exxon
Mobil Corporation, Financial and Operational Review, Financial Ratios 94
7.8 Exxon Mobil Corporation, Operational Indicators 95
8 Norsk Hydro ASA
96
8.1 Norsk Hydro ASA, Key Information 96
8.2 Norsk Hydro ASA,
Company Overview 96
8.3 Norsk Hydro ASA, Business Description 96
8.3.1
Norsk Hydro ASA, Business Description, Business Overview 96
8.3.2 Norsk
Hydro ASA, Business Description, Aluminium Metal 97
8.3.3 Norsk Hydro ASA,
Business Description, Aluminium Metal 98
8.3.4 Norsk Hydro ASA, Business
Description, Aluminium Products 99
8.3.5 Norsk Hydro ASA, Business
Description, Oil and Energy 100
8.3.6 Norsk Hydro ASA, Business
Description, Major Products and Services 103
8.4 Norsk Hydro ASA, Value
Chain Analysis 104
8.4.1 Norsk Hydro ASA, Value Chain Analysis, Upstream
104
8.4.2 Norsk Hydro ASA, Value Chain Analysis, Midstream 105
8.4.3
Norsk Hydro ASA, Value Chain Analysis, Retail 106
8.4.4 Norsk Hydro ASA,
Value Chain Analysis, Power Generation 106
8.5 Norsk Hydro ASA, SWOT
Analysis 107
8.5.1 Norsk Hydro ASA, SWOT Analysis, Overview 107
8.5.2
Norsk Hydro ASA, SWOT Analysis, Strengths 108
8.5.3 Norsk Hydro ASA, SWOT
Analysis, Weaknesses 109
8.5.4 Norsk Hydro ASA, SWOT Analysis,
Opportunities 110
8.5.5 Norsk Hydro ASA, SWOT Analysis, Threats 111
8.6 Norsk Hydro ASA, Revenue Analysis 112
8.6.1 Norsk Hydro ASA, Revenue
Analysis, Revenue by Segment 113
8.6.2 Norsk Hydro ASA, Revenue Analysis,
Revenue by Geography 113
8.7 Norsk Hydro ASA, Financial and Operational
Review 114
8.7.1 Norsk Hydro ASA, Financial and Operational Review,
Financial Statements 114
8.7.2 Norsk Hydro ASA, Financial and Operational
Review, Financial Ratios 115
8.8 Norsk Hydro ASA, Operational Indicators
116
9 Norway Exploration and Production Industry,Financial Deals Landscape
117
9.1 Merger 117
9.1.1 Det norske To Merge With NOIL Energy 117
9.2 Acquisition 118
9.2.1 Spring Energy To Acquire Serica Energy Norge
From Serica Energy 118
9.3 Private Equity 120
9.3.1 HitecVision
Private Equity To Invest In Spring Energy Norway 120
9.4 IPO 121
9.4.1
Sagex Petroleum Completes Private Placement Of $31.39 Million 121
9.4.2
Revus Energy Completes $73 Million Private Placement 122
9.4.3 Noreco
Completes Private Placement Of $89.32 Million 123
9.4.4 Aladdin Oil & Gas
Completes Private Placement Of $8.9 Million 124
9.4.5 Vega Resources Plans
To Raise Capital 126
9.5 Asset Transactions 127
9.5.1 Revus Energy
Sells Interest In Production Licences To Lotos For $52.5 Million 127
9.5.2
Lundin Petroleum Sells Its 70% Interest In License PL103B To Det norske
oljeselskap 128
9.5.3 OMV Acquires 30% Interest In Exploration License PL
301CS 129
9.5.4 Faroe Petroleum Acquires 15% Interest In Licenses PL271
And PL302 From Norwegian Energy Company 131
9.5.5 Aker Exploration
Acquires Additional Interest In Norwegian North Sea License 132
9.5.6
Idemitsu Kosan Acquires 10% Stake In PL273 Mining Area From Wintershall
133
9.5.7 Faroe Petroleum To Acquire 10% Interest In South East Tor Share
From Noreco 135
9.5.8 Aladdin Oil & Gas To Acquire Four Russian Oil
Licences 136
9.5.9 LOTOS Exploration To Acquire 10% Interest In North Sea
Production Licenses 137
9.5.10 Norwegian Energy To Acquire Additional 5%
License PL453 S In Norway 138
9.5.11 Dana Petroleum To Acquire 25%
Interest In Pl450 And 10% Interests In Both Pl035b And Pl362 From Det Norske
139
9.5.12 Det Norske To Acquire 10% Interest In PL027D From Dana
Petroleum 140
9.5.13 Aker Exploration To Acquire 25% Interest In License
PL 469 142
9.5.14 Centrica To Acquire Operated Gas And Oil Assets In
Norway From Marathon Oil 143
9.5.15 Det norske To Sell 30% Interest Oil
And Gas Prospects To Verbundnetz 144
9.5.16 Aker Exploration To Acquire
30% Interest In PL463S License From Det norske oljeselskap 146
9.5.17 Det
norske To Acquire 12.5% Stake In PL460 From Aker Exploration 147
9.5.18
Noreco Farms Out Norway License To Lotos Exploration and Production Norge
148
9.5.19 Det Norske To Sell Its 15% Interest In Goliat Discovery 149
9.5.20 Rocksource Signs Farm-In Agreement With Ophir Energy 150
10 Norway
Exploration and Production Industry,Recent Developments 152
10.1 License
Rounds 152
10.1.1 Jun 27, 2008: Norway Offers 79 Oil/Gas Exploration
Blocks 152
10.2 License Awards 153
10.2.1 Sep 05, 2008: StatoilHydro
Receives Drilling Permit For Wellbore 15/5-7 A In Production License 048
153
10.2.2 Aug 27, 2008: DONG Receives Drill Permit For Wellbore 3/7-7 In
Production License 289 153
10.2.3 Aug 15, 2008: StatoilHydro Receives
Drill Permit From NPD For Wellbore 30/11-7 In Production License 035 153
10.2.4 Aug 05, 2008: StatoilHydro Receives Approval To Drill In Norwegian,
North Sea 154
10.2.5 Jul 14, 2008: Spring Energy Receives Approval To Bid
For Acreage On Norwegian Continental Shelf 154
10.2.6 Jul 13, 2008:
Algeria Invites Pre-Qualified Companies To Bid For Oil And Gas Exploration
154
10.2.7 Jul 03, 2008: Lundin Receives Drill Permit From NPD, For
Wellbore 16/1-10 155
10.2.8 Jun 20, 2008: StatoilHydro Receives Drilling
Permit For Wellbore 6407/7-8 In Production License 107 155
10.2.9 Jun 16,
2008: StatoilHydro Receives Consent To Drill Arenaria Well 156
10.2.10 Jun
13, 2008: StatoilHydro Obtains Drilling Permit For Wellbore 15/5-7 In
Production License 048 156
10.3 Strategy and Business Expansion 157
10.3.1 Aug 07, 2008: StatoilHydro To Drill 70 Exploration Wells This Year
157
10.3.2 Jul 06, 2008: Total On Verge Of Signing Service Contracts In
Iraq 157
10.3.3 Jul 01, 2008: DNO To Stay Out Of New Iraqi Bids 158
10.3.4 Jun 20, 2008: StatoilHydro To Boost Its Presence In Russia 158
10.3.5 Jun 09, 2008: StatoilHydro And Iran To Develop Anaran Block 159
10.4 Recent Discoveries 159
10.4.1 Aug 25, 2008: StatoilHydro Announces
Two New Discoveries On Norwegian Continental Shelf 159
10.4.2 Aug 20,
2008: Revus Announces Oil Discovery On Production License 274, Ipswich 160
10.4.3 Aug 11, 2008: Revus Discovers Oil At 34/3-1S Well In Jordbaer Prospect
161
10.4.4 Jul 10, 2008: Revus Encounters Oil And Gas At Well 34/3 - 1S In
Jordbaer Prospect 162
10.4.5 Jul 09, 2008: Revus Reports Oil And Gas
Discovery At Well 21/8-4 In Torphins Prospect 162
10.4.6 Jul 04, 2008:
StatoilHydro Announces Gas Discovery In Barents Sea 162
10.4.7 Jun 30,
2008: Norwegian Updates On Ipswich Well, 1/3 - 11 163
10.4.8 Jun 30, 2008:
Noreco Encounters Hydrocarbons At Ipswich 1/3 - 11 Well 163
10.4.9 Jun 26,
2008: Talisman Announces Small Oil Discovery Near Varg Field 163
10.4.10
Jun 24, 2008: InterOil Discovers Oil In New Peruvian Exploration Well 164
10.4.11 Jun 16, 2008: StatoilHydro Discovers Gas At Haltenbanken 164
10.4.12 Jun 16, 2008: Endeavour Updates On Galtvort 6407/8-4A Well 164
10.4.13 Jun 12, 2008: Aladdin Announces Gas Discovery In Timan-Pechora Region
165
10.5 Drilling and Production Updates 165
10.5.1 Sep 04, 2008:
Faroe Commences Drilling On Norwegian License PL289, Well 3/7-7 165
10.5.2
Sep 03, 2008: Noreco Provides Production Update 166
10.5.3 Aug 22, 2008:
StatoilHydro Discovers Gas At Wildcat Well 7224/6-1, Nordkapp, Norway 166
10.5.4 Aug 18, 2008: StatoilHydro Drills Dry Well Near Huldra Field In North
Sea 166
10.5.5 Aug 07, 2008: StatoilHydro Drills Dry Well In Norne Field,
Norway 167
10.5.6 Aug 01, 2008: StatoilHydro Announces First Oil
Production From Vilje Field 167
10.5.7 Jul 29, 2008: DNO Updates On 2Q
2008 Production 167
10.5.8 Jul 15, 2008: StatoilHydro Gets Approval For
Ocean Vanguard 168
10.5.9 Jul 15, 2008: SAGA Provides Production Update
168
10.5.10 Jul 15, 2008: Revus Provides 2Q Production Update 169
10.5.11 Jul 11, 2008: StatoilHydro Restarts LNG Production From Snohvit Field
169
10.5.12 Jul 11, 2008: InterOil Updates On Production In Peru And
Colombia 169
10.5.13 Jul 08, 2008: Norse Energy Drills Copaiba Well In
BM-CAL-5 Block, Camamu-Almada Basin, offshore Brazil 170
10.5.14 Jul 04,
2008: ConocoPhillips Updates On Wildcat ll 2/9-4 Well 170
10.5.15 Jul 01,
2008: Revus Completes Drilling On 32/2-1 Well In Trow Prospect 170
10.5.16
Jun 30, 2008: StatoilHydro Continues Development On Oseberg Area In North Sea
171
10.5.17 Jun 27, 2008: Petro-Canada Restarts Production On Terra Nova
Oil Field 172
10.5.18 Jun 25, 2008: StatoilHydro Completes Wildcat Well
30/9-21 A In North Sea 172
10.5.19 Jun 24, 2008: StatoilHydro Resumes
Production On Oseberg Field Centre 172
10.5.20 Jun 23, 2008: Lundin
Commences Drilling On 21/8-4 Well In Torphins Prospect, Offshore UK 173
10.5.21 Jun 19, 2008: Norse Energy Updates On BM-CAL-6 Block 173
10.5.22
Jun 19, 2008: Revus Commences Drilling On Trow 32/2-1 Well 173
10.5.23 Jun
16, 2008: Aladdin Announces Preliminary Test Results From Timan-Pechora
173
10.5.24 Jun 15, 2008: StatoilHydro Shuts Down Production On Oseberg
Field Centre 174
10.5.25 Jun 09, 2008: Marathon Achieves First Oil From
Alvheim Development, Offshore Norway 174
10.6 Financial Announcements
175
10.6.1 Aug 21, 2008: Nexus Floating Reports 2Q 2008 Results 175
10.6.2 Aug 20, 2008: DNO Reports 2Q 2008 Results 176
10.6.3 Aug 19, 2008:
Det norske Declares 2Q 2008 Results 176
10.6.4 Aug 19, 2008: Rocksource
Reports 2Q 2008 Results 177
10.6.5 Aug 14, 2008: Revus Reports 2Q 2008
Results 179
10.6.6 Aug 12, 2008: Norse Energy Reports 2Q 2008 Results
180
10.6.7 Aug 01, 2008: StatoilHydro Declares 2Q 2008 Results 180
10.6.8 Jul 24, 2008: Noreco Reports 2Q 2008 Results 182
10.7 Other
Significant Developments 183
10.7.1 Aug 26, 2008: Norway To Drill About 45
Wells In 2008 183
10.7.2 Aug 15, 2008: StatoilHydro Receives Consent To
Use Ocean Vanguard In Drilling Well 34/7-33 184
10.7.3 Jul 17, 2008:
Norway' s Oil Production In June 2008 Hit By Maintenance 184
10.7.4 Jul 16,
2008: SAGA Appoints New CEO 184
10.7.5 Jul 15, 2008: Rocksource Provides
Exploration Update On EM Test Of NCS Prospect And Licensing Round Status
185
10.7.6 Jul 03, 2008: StatoilHydro Rejects Kazakh Bribe Claims 186
10.7.7 Jul 02, 2008: Iran Allocates $16 Billion To Develop Oil Wells 186
10.7.8 Jul 01, 2008: StatoilHydro' s Search For Oil Is Still On At Gullfaks
187
10.7.9 Jun 30, 2008: Faroe Updates On Norwegian Activity 188
10.7.10 Jun 25, 2008: Noreco Provides Operations Update 189
10.7.11 Jun
18, 2008: Vega To Raise Capital For Its Russian Licenses 190
10.7.12 Jun
13, 2008: Revus CFO Resigns 190
10.7.13 Jun 09, 2008: NPD Postpones 3D
Seismic Survey, Offshore Norway 191
10.8 New Contracts Announcements
191
10.8.1 Jun 11, 2008: Grenland Signs Contract With CNOOC For Liuhua
11-1 191
11 Appendix 192
11.1 Methodology 192
11.1.1 Coverage
192
11.1.2 Secondary Research 193
11.1.3 Primary Research 193
11.1.4 Forecasts 194
11.2 Key Economic Assumptions 196
11.3 Expert
Panel Validation 197
11.4 Definitions 197
11.5 Unit of Measure 198
11.6 Disclosure information 198
11.7 Contact Us 198
11.8 About Global
Markets Direct 198
11.9 Disclaimer 199
1.1 List of Tables
Table 1: Norway, Oil and Gas, Key Statistics, April 2008 13
Table 2:
Norway, Total Crude Oil and Natural Gas Reserves (MMBOE), 2000-2012 16
Table 3: Norway, Total Crude Oil Production (MMBBLs), 2000-2007 17
Table
4: Norway, Total Natural Gas Production (BCF), 2000-2007 18
Table 5:
Norway, Oil and Gas Asset Details, April 2008 19
Table 6: Norway, Oil and
Gas Asset Details, April 2008 (Cont' d) 20
Table 7: Norway, Oil and Gas
Asset Details, April 2008 (Cont' d) 21
Table 8: Norway, Oil and Gas Asset
Details, April 2008 (Cont' d) 22
Table 9: Norway, Oil and Gas Asset
Details, April 2008 (Cont' d) 23
Table 10: Norway, Oil and Gas Asset
Details, April 2008 (Cont' d) 24
Table 11: Norway, Oil and Gas Asset
Details, April 2008 (Cont' d) 25
Table 12: Norway, Oil and Gas Asset
Details, April 2008 (Cont' d) 26
Table 13: Norway Offshore - North Sea,
Total Crude Oil Production (Barrels), by Assets, 2000-2007 27
Table 14:
Norway Offshore - North Sea, Total Crude Oil Production (Barrels), by Assets,
2000-2007 (Cont' d) 28
Table 15: Norway Offshore - Norwegian Sea , Total
Crude Oil Production (Barrels), by Assets, 2000-2007 28
Table 16: Norway
Offshore - North Sea, Total Natural Gas Production (MMCF), by Assets,
2000-2007 29
Table 17: Norway Offshore - North Sea, Total Natural Gas
Production (MMcf), by Assets, 2000-2007 (Cont' d) 30
Table 18: Norway
Offshore - Norwegian Sea, Total Natural Gas Production (MMCF), by Assets,
2000-2007 30
Table 19: Norway, Oil and Gas Planned Production Asset
Details, April 2008 31
Table 20: Norway, Total Crude Oil Production
(MMBBLs), by Company, 2000-2007 31
Table 21: Norway, Total Crude Oil
Production (MMBBLs), by Company, 2000-2007 (Cont' d) 32
Table 22: Norway,
Total Natural Gas Production (BCF), by Company, 2000-2007 33
Table 23:
Norway, Total Natural Gas Production (BCF), by Company, 2000-2007(Cont' d)
34
Table 24: Norway, Total Crude Oil Production (MMBBLs), Forecast,
2008-2013 35
Table 25: Norway, Total Natural Gas Production (BCF),
Forecast, 2008-2013 35
Table 26: Norway, Total Crude Oil Production
(Barrels), Forecast by Assets, 2008-2013 36
Table 27: Norway, Total
Natural Gas Production (MMCF), Forecast by Assets, 2008-2013 37
Table 28:
Norway, Forecasted Assets-wise Gross Revenue (000' $), 2008-2013 38
Table
29: Norway, Forecasted Assets-wise Gross Revenue (000' $), 2008-2013 (Cont' d)
39
Table 30: Norway, Forecasted Assets-wise Government Take (000' $),
2008-2013 39
Table 31: Norway, Forecasted Assets-wise Government Take
(000' $), 2008-2013 (Cont' d) 40
Table 32: Norway, Forecasted Assets-wise
Income Tax (000' $), 2008-2013 40
Table 33: Norway, Forecasted Assets-wise
Income Tax (000' $), 2008-2013 (Cont' d) 41
Table 34: Norway, Projected
Assets-wise Total Contractor Take (000' $), 2008-2013 42
Table 35: Norway,
Projected Assets-wise Total Contractor Take (000' $), 2008-2013 (Cont' d) 43
Table 36: Norway, Total Number of Active Exploration Blocks, April 2008 44
Table 37: Norway, Total Number of Active Exploration Blocks By Company, April
2008 45
Table 38: Norway, Oil and Gas Exploration Blocks Details, April
2008 46
Table 39: Norway, Oil and Gas Exploration Blocks Details, April
2008 (Cont' d) 47
Table 40: Norway, Oil and Gas Exploration Blocks Details,
April 2008 (Cont' d) 48
Table 41: Norway, Oil and Gas Exploration Blocks
Details, April 2008 (Cont' d) 49
Table 42: Norway, Oil and Gas Exploration
Blocks Details, April 2008 (Cont' d) 50
Table 43: Norway, Oil and Gas
Exploration Blocks Details, April 2008 (Cont' d) 51
Table 44: Norway, Oil
and Gas Exploration Blocks Details, April 2008 (Cont' d) 52
Table 45:
Norway, Oil and Gas Exploration Blocks Details, April 2008 (Cont' d) 53
Table 46: Norway, Oil and Gas Exploration Blocks Details, April 2008 (Cont' d)
54
Table 47: Norway, Oil and Gas Exploration Blocks Details, April 2008
(Cont' d) 55
Table 48: Norway, Oil and Gas Exploration Blocks Details,
April 2008 (Cont' d) 56
Table 49: Norway, Oil and Gas Exploration Blocks
Details, April 2008 (Cont' d) 57
Table 50: Norway, Oil and Gas Exploration
Blocks Details, April 2008 (Cont' d) 58
Table 51: Norway, Oil and Gas
Exploration Blocks Details, April 2008 (Cont' d) 59
Table 52: Norway, Oil
and Gas Exploration Blocks Details, April 2008 (Cont' d) 60
Table 53:
Norway, Oil and Gas Exploration Blocks Details, April 2008 (Cont' d) 61
Table 54: Norway, Oil and Gas Exploration Blocks Details, April 2008 (Cont' d)
62
Table 55: Norway, Oil and Gas Exploration Blocks Details, April 2008
(Cont' d) 63
Table 56: Norway, Oil and Gas Exploration Blocks Details,
April 2008 (Cont' d) 64
Table 57: Statoil ASA, Key Facts, 2006 65
Table 58: Statoil ASA, SWOT Analysis , 2006 74
Table 59: Statoil
ASA, Revenue by Segment, NOK Million, 2002-2006 77
Table 60: Statoil
ASA, Revenue by Geography, NOK Million, 2002-2006 77
Table 61:
Statoil ASA, Financial Statements, NOK Million, 2002-2006 78
Table 62:
Statoil ASA, Financial Ratios, NOK Million, 2002-2006 79
Table 63:
Statoil ASA Operational Indicators, 2002-2006 80
Table 64: Exxon
Mobil Corporation, Key Facts, 2007 81
Table 65: Exxon Mobil
Corporation, SWOT Analysis , 2007 85
Table 66: Exxon Mobil
Corporation, Revenue by Segment, USD Million, 2002-2006 91
Table 67:
Exxon Mobil Corporation, Revenue by Geography, USD Million, 2002-2006 92
Table 68: Exxon Mobil Corporation, Financial Statements, USD Million,
2003-2007 93
Table 69: Exxon Mobil Corporation, Financial Ratios, USD
Million, 2003-2007 94
Table 70: Exxon Mobil Corporation Operational
Indicators, 2002-2006 95
Table 71: Norsk Hydro ASA, Key Facts, 2006
96
Table 72: Norsk Hydro ASA, SWOT Analysis , 2006 108
Table 73:
Norsk Hydro ASA, Revenue by Segment, NOK Million, 2002-2006 113
Table
74: Norsk Hydro ASA, Revenue by Geography, NOK Million, 2002-2006 113
Table 75: Norsk Hydro ASA, Financial Statements, NOK Million, 2002-2006
114
Table 76: Norsk Hydro ASA, Financial Ratios, NOK Million,
2002-2006 115
Table 77: Norsk Hydro ASA Operational Indicators,
2002-2006 116
Table 78: Brent Blend NYMEX Future Prices 196
1.2
List of Figures
Figure 1: Norway, Exploration and Production Assets
Map, April 2008 14
Figure 2: Norway, Total Crude Oil and Natural Gas
Reserves (MMBOE), 2000-2012 15
Figure 3: Norway, Total Crude Oil
Production (MMBBLs), 2000-2007 17
Figure 4: Norway, Total Natural Gas
Production (BCF), 2000-2007 18
Figure 5: Norway, Total Number of Active
Exploration Blocks, April 2008 44
Figure 6: Statoil ASA, Value Chain
Analysis 71
Figure 7: Exxon Mobil Corporation, Value Chain Analysis
82
Figure 8: Norsk Hydro ASA, Value Chain Analysis 104
Figure 9:
Global Markets Direct Methodology 192



