Abstract
Libya 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 Libya. It
provides asset level information relating to the active and planned oil and
gas fields and exploration blocks in Libya. The profiles of the major
companies operating in the upstream industry of Libya 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 9
1.2 List of Figures 11
2 Introduction 12
2.1 What Is This Report About? 12
2.2 How To Use
This Report 12
2.3 Market Definition 12
3 Libyan Arab Jamahiriya,
Country Snapshot 13
3.1 Libyan Arab Jamahiriya, Key Data 13
3.2 Libyan
Arab Jamahiriya, Exploration And Production Assets Map 14
3.3 Libyan Arab
Jamahiriya, Crude Oil & Natural Gas Reserves 15
4 Libyan Arab Jamahiriya,
Crude Oil And Natural Gas Production 17
4.1 Libyan Arab Jamahiriya,
Historical Crude Oil Production 17
4.2 Libyan Arab Jamahiriya, Historical
Natural Gas Production 18
4.3 Libyan Arab Jamahiriya, Crude Oil And
Natural Gas Producing Asset Details 19
4.4 Libyan Arab Jamahiriya, Crude
Oil Production Assets By Area 20
4.5 Libyan Arab Jamahiriya, Natural Gas
Production Assets By Area 20
4.6 Libyan Arab Jamahiriya, Crude Oil
Production By Company 21
5 Libyan Arab Jamahiriya, Crude Oil And Natural
Gas Forecasts 22
5.1 Libyan Arab Jamahiriya, Forecasted Crude Oil
Production 22
5.2 Libyan Arab Jamahiriya, Forecasted Natural Gas
Production 22
6 Libyan Arab Jamahiriya, Exploration Block Details 23
6.1 Libyan Arab Jamahiriya, Total Number of Active Exploration Blocks 23
6.2 Libyan Arab Jamahiriya, Total Number of Active Exploration Blocks By
Company 24
6.3 Libyan Arab Jamahiriya, Exploration Blocks Details 25
6.4 Libyan Arab Jamahiriya, Planned Exploration Blocks Details. 29
7 Eni
S.p.A. 30
7.1 Eni S.p.A, Key Information 30
7.2 Eni S.p.A, Company
Overview 30
7.3 Eni S.p.A, Business Description 30
7.3.1 Eni S.p.A,
Business Description, Business Overview 30
7.3.2 Eni S.p.A, Business
Description, Engineering and Construction 31
7.3.3 Eni S.p.A, Business
Description, Exploration & Production 32
7.3.4 Eni S.p.A, Business
Description, Gas & Power 33
7.3.5 Eni S.p.A, Business Description, Others
35
7.3.6 Eni S.p.A, Business Description, Petrochemicals 35
7.3.7 Eni
S.p.A, Business Description, Refining and Marketing 36
7.3.8 Eni S.p.A,
Business Description, Major Products and Services 37
7.4 Eni S.p.A, Value
Chain Analysis 39
7.4.1 Eni S.p.A, Value Chain Analysis, Upstream 39
7.4.2 Eni S.p.A, Value Chain Analysis, Midstream 40
7.4.3 Eni S.p.A, Value
Chain Analysis, Downstream 41
7.4.4 Eni S.p.A, Value Chain Analysis,
Retail 42
7.5 Eni S.p.A, SWOT Analysis 43
7.5.1 Eni S.p.A, SWOT
Analysis, Overview 43
7.5.2 Eni S.p.A, SWOT Analysis, Strengths 44
7.5.3 Eni S.p.A, SWOT Analysis, Weaknesses 45
7.5.4 Eni S.p.A, SWOT
Analysis, Opportunities 46
7.5.5 Eni S.p.A, SWOT Analysis, Threats 47
7.6 Eni S.p.A, Revenue Analysis 48
7.6.1 Eni S.p.A, Revenue Analysis,
Revenue by Segment 49
7.6.2 Eni S.p.A, Revenue Analysis, Revenue by
Geography 49
7.7 Eni S.p.A, Financial and Operational Review 51
7.8
Eni S.p.A, Financial and Operational Review, Financial Statements 51
7.9
Eni S.p.A, Financial and Operational Review, Financial Ratios 52
7.10 Eni
S.p.A, Operational Indicators 53
8 Marathon Oil Corporation 54
8.1
Marathon Oil Corporation, Key Information 54
8.2 Marathon Oil Corporation,
Company Overview 54
8.3 Marathon Oil Corporation, Business Description
55
8.3.1 Marathon Oil Corporation, Business Description, Business Overview
55
8.3.2 Marathon Oil Corporation, Business Description, Exploration and
Production 55
8.3.3 Marathon Oil Corporation, Business Description,
Integrated Gas 56
8.3.4 Marathon Oil Corporation, Business Description,
Oil Sands Mining 57
8.3.5 Marathon Oil Corporation, Business Description,
Refining, Marketing and Transportation 58
8.3.6 Marathon Oil Corporation,
Business Description, Major Products and Services 59
8.4 Marathon Oil
Corporation, Value Chain Analysis 61
8.4.1 Marathon Oil Corporation, Value
Chain Analysis, Upstream 61
8.4.2 Marathon Oil Corporation, Value Chain
Analysis, Midstream 62
8.4.3 Marathon Oil Corporation, Value Chain
Analysis, Downstream 63
8.4.4 Marathon Oil Corporation, Value Chain
Analysis, Retail 63
8.5 Marathon Oil Corporation, SWOT Analysis 64
8.5.1 Marathon Oil Corporation, SWOT Analysis, Overview 64
8.5.2 Marathon
Oil Corporation, SWOT Analysis, Strengths 65
8.5.3 Marathon Oil
Corporation, SWOT Analysis, Weaknesses 66
8.5.4 Marathon Oil Corporation,
SWOT Analysis, Opportunities 66
8.5.5 Marathon Oil Corporation, SWOT
Analysis, Threats 67
8.6 Marathon Oil Corporation, Revenue Analysis 68
8.6.1 Marathon Oil Corporation, Revenue Analysis, Revenue by Segment 68
8.6.2 Marathon Oil Corporation, Revenue Analysis, Revenue by Geography 69
8.7 Marathon Oil Corporation, Financial and Operational Review 70
8.7.1
Marathon Oil Corporation, Financial and Operational Review, Financial
Statements 70
8.7.2 Marathon Oil Corporation, Financial and Operational
Review, Financial Ratios 71
8.8 Marathon Oil Corporation, Operational
Indicators 72
9 Wintershall AG 73
9.1 Wintershall AG, Key Information
73
9.2 Wintershall AG, Company Overview 73
9.3 Wintershall AG,
Business Description, Business Overview 73
9.3.1 Wintershall AG, Business
Description, Exploration and Production 74
9.3.2 Wintershall AG, Business
Description, Natural Gas Trading 75
9.3.3 Wintershall AG, Business
Description, Major Products and Services 76
9.4 Wintershall AG, SWOT
Analysis 76
9.4.1 Wintershall AG, SWOT Analysis, Overview 76
9.4.2
Wintershall AG, SWOT Analysis, Strengths 76
9.4.3 Wintershall AG, SWOT
Analysis, Weaknesses 77
9.4.4 Wintershall AG, SWOT Analysis, Opportunities
77
9.4.5 Wintershall AG, SWOT Analysis, Threats 77
9.5 Wintershall AG,
Revenue Analysis 78
9.5.1 Wintershall AG, Revenue Analysis, Revenue by
Segment 78
9.6 Wintershall AG, Financial and Operational Review 79
9.6.1 Wintershall AG, Financial and Operational Review, Financial Statements
79
9.6.2 Wintershall AG, Financial and Operational Review, Financial
Ratios 80
9.7 Wintershall AG, Operational Indicators 81
10 Libyan Arab
Jamahiriya Exploration and Production Industry, Financial Deals Landscape
82
10.1 Partnership 82
10.1.1 Galp Energia Enters Into Partnership
With Libya Africa Investment 82
10.1.2 PGNiG Signs An Agreement With
National Oil Corporation 83
10.1.3 Exxon Mobil Signs An Agreement With
National Oil 84
10.1.4 National Oil Corporation And Dow Chemical Form
Joint Venture 86
10.1.5 ONGC Videsh Signs An Agreement With National Oil
Corporation of Libya 87
10.1.6 Nippon Oil Exploration Concludes
Exploration And Production Sharing Agreement With National Oil 89
10.1.7
Gazprom And National Oil Corporation To Form A Joint Venture 90
10.1.8
National Oil Sign Exploration And Production Sharing Agreement With Sonatrach,
Oil India And Indian Oil 91
10.2 Asset Transactions 94
10.2.1 Oil
India, Sonatrach, Indian Oil And National Oil To Acquire 4 Blocks In Libya
94
11 Libyan Arab Jamahiriya Exploration and Production Industry, Recent
Developments 97
11.1 License Awards 97
11.1.1 Jul 17, 2008: OMV,
Repsol Renew Murzuq Exploration Licenses With NOC 97
11.1.2 Jun 12, 2008:
Eni And NOC Sign New Petroleum Contracts 97
11.1.3 Dec 14, 2007: IOC-OIL
Wins Three Oil Blocks In Libya 98
11.1.4 Dec 10, 2007: PGNiG Wins
Exploration License In Libya 98
11.2 Strategy and Business Expansion
98
11.2.1 Jul 09, 2008: Gazprom To Buy Oil And Gas From Libya 98
11.2.2 Jun 23, 2008: Occidental Signs Agreements In Libya 98
11.2.3 May
27, 2008: MOL Eyes Libyan Expansion 99
11.2.4 Apr 28, 2008: Gazprom And
Eni Discuss Interaction In Libya 99
11.2.5 Apr 10, 2008: Gazprom In
Discussions With Eni On Joint Libyan Gas Projects 99
11.2.6 Feb 25, 2008:
PGNiG Signs Exploration And Production Sharing Agreement With NOC 100
11.2.7 Dec 10, 2007: Petro-Canada, NOC Sign Exploration And Development
Agreements 100
11.2.8 Nov 26, 2007: Occidental Signs Development Contracts
With NOC 101
11.2.9 Nov 26, 2007: OMV, NOC Sign Agreement 101
11.2.10
Nov 20, 2007: ExxonMobil Signs HoA With NOC 101
11.3 Recent Discoveries
101
11.3.1 Aug 03, 2008: NOC Discovers Oil At Well D1-NC129 In Sloug
Depression Basin, Libya 101
11.3.2 Jul 28, 2008: Verenex Confirms Oil
Discovery At A1-47/04, Ghadames Basin In Libya 101
11.3.3 May 05, 2008:
RWE Dea Discovers Oil In Libya 102
11.3.4 Jan 28, 2008: Verenex Provides
Libya Operational Update 102
11.3.5 Jan 02, 2008: Repsol Discovers
C1-NC210 Well In Libya 103
11.3.6 Dec 10, 2007: Verenex Announces Fifth
Oil Discovery In Libya 103
11.3.7 Dec 03, 2007: Verenex Discovers Fourth
Oil In Libya 104
11.4 Drilling and Production Updates 104
11.4.1 Aug
05, 2008: Verenex Announces Third Party Resource Assessment For Area 47 In
Libya 104
11.4.2 May 26, 2008: Libya Plans To Increase Oil Output To 2
MMbpd In 2008 105
11.4.3 Mar 28, 2008: Cygam Announces Commencement Of
Drilling At Sud Remada In Tunisia 105
11.4.4 Dec 04, 2007: PT Medco
Announces Flow Test Results Of F1-47/02 Well, Libya 106
11.5 Other
Significant Developments 106
11.5.1 Sep 03, 2008: Verenex Provides Libya
Operational Update 106
11.5.2 Jul 30, 2008: Malta And Libya Negotiate
Joint Oil Exploration 107
11.5.3 Jul 23, 2008: Verenex Updates On
Operations In Libya 107
11.5.4 Jul 15, 2008: Libya To Reduce Its Oil
Output By 5% On Pipeline Maintenance 109
11.5.5 Jun 21, 2008: Libya May
Reduce Its Oil Output To Avoid Over-Supply In Market 110
11.5.6 May 20,
2008: OVL Gives Up Exploration Blocks In Libya 110
11.5.7 Apr 26, 2008:
Total Temporarily Shuts Al-Jurf Field In Libya 110
11.5.8 Mar 10, 2008:
PGNiG To Invest PLN16 Billion By 2020, Mostly In Upstream Sector 111
11.5.9 Dec 09, 2007: Galp Energia And LAP Signs MoU 111
11.6 New Contracts
Announcements 111
11.6.1 Apr 25, 2008: SCAN Wins Seismic Contract From
Hess Libya 111
11.6.2 Feb 22, 2008: Gazprom Signs PSA Agreement With Libya
111
11.6.3 Feb 21, 2008: NOC Enters E&P Agreement With Polish 112
11.6.4 Jan 29, 2008: RWE Dea Receives New Concession In Libya 112
12
Appendix 113
12.1 Methodology 113
12.1.1 Coverage 114
12.1.2
Secondary Research 114
12.1.3 Primary Research 115
12.1.4 Forecasts
115
12.2 Key Economic Assumptions 117
12.3 Expert Panel Validation
118
12.4 Definitions 118
12.5 Unit of Measure 119
12.6 Contact Us
120
12.7 Global Markets Direct Consulting 120
12.8 Disclaimer 120
1.1 List of Tables
Table 1: Libyan Arab Jamahiriya, Oil and Gas, Key
Statistics, April 2008 12
Table 2: Libyan Arab Jamahiriya, Total Crude Oil
Reserves (MMBOE), 2000-2012 15
Table 3: Libyan Arab Jamahiriya, Total
Crude Oil Production (MMBBLs), 2000-2007 16
Table 4: Libyan Arab
Jamahiriya, Total Natural Gas Production (BCF), 2000-2007 17
Table 5:
Libyan Arab Jamahiriya, Oil and Gas Asset Details, April 2008 18
Table 6:
Libyan Arab Jamahiriya Onshore, Total Crude Oil Production (Barrels),
2000-2007 19
Table 7: Libyan Arab Jamahiriya Offshore, Total Crude Oil
Production (Barrels), 2000-2007 19
Table 8: Libyan Arab Jamahiriya, Total
Natural Gas Production (MMCF), 2000-2007 19
Table 9: Libyan Arab
Jamahiriya, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 20
Table 10: Libyan Arab Jamahiriya, Total Crude Oil Production (MMBBLs),
Forecast, 2008-2013 21
Table 11: Libyan Arab Jamahiriya, Total Natural Gas
Production (BCF), Forecast, 2008-2013 21
Table 12: Libyan Arab Jamahiriya,
Total Number Of Active Exploration Blocks By Area 22
Table 13: Libyan Arab
Jamahiriya, Total Number of Active Blocks by Company, 2000-2007 23
Table
14: Libyan Arab Jamahiriya, Oil and Gas Exploration Blocks Details, April 2008
24
Table 15: Libyan Arab Jamahiriya, Oil and Gas Exploration Blocks
Details, April 2008 (Cont' d) 25
Table 16: Libyan Arab Jamahiriya, Oil and
Gas Exploration Blocks Details, April 2008 (Cont' d) 26
Table 17: Libyan
Arab Jamahiriya, Oil and Gas Exploration Blocks Details, April 2008 (Cont' d)
27
Table 18: Libyan Arab Jamahiriya, Oil and Gas Exploration Blocks
Details, April 2008 (Cont' d) 28
Table 19: Libyan Arab Jamahiriya, Oil and
Gas Planned Exploration Block Details, April 2008 28
Table 20: Eni
S.p.A.,Key Facts, 2007 29
Table 21: Eni S.p.A., SWOT Analysis , 2007
42
Table 22: Eni S.p.A., Revenue by Segment, Euro Million, 2002-2006
48
Table 23: Eni S.p.A., Revenue by Geography, Euro Million,
2002-2006 49
Table 24: Eni S.p.A., Financial Statements, Euro
Million, 2003-2007 50
Table 25: Eni S.p.A., Financial Ratios, Euro
Million, 2003-2007 51
Table 26: Eni S.p.A. Operational Indicators,
2003-2007 52
Table 27: Marathon Oil Corporation,Key Facts, 2007
53
Table 28: Marathon Oil Corporation, SWOT Analysis , 2007 64
Table 29: Marathon Oil Corporation, Revenue by Segment, USD Million,
2003-2007 67
Table 30: Marathon Oil Corporation, Revenue by
Geography, USD Million, 2003-2007 68
Table 31: Marathon Oil
Corporation, Financial Statements, USD Million, 2003-2007 69
Table 32:
Marathon Oil Corporation, Financial Ratios, USD Million, 2003-2007 70
Table 33: Marathon Oil Corporation, Operational Indicators, 2003-2007
71
Table 34: Wintershall AG,Key Facts, 2005 72
Table 35:
Wintershall AG, Revenue by Segment, Euro Million, 2001-2005 77
Table 36:
Wintershall AG, Revenue by Geography, Euro Million, 2001-2005 78
Table
37: Wintershall AG, Financial Statements, Euro Million, 2001-2005 78
Table 38: Wintershall AG, Financial Ratios, Euro Million, 2001-2005
79
Table 39: Wintershall AG, Operational Indicators, 2001-2005 80
Table 40: Brent Blend NYMEX Future Prices 116
1.2 List of
Figures
Figure 1: Libyan Arab Jamahiriya, Exploration and Production
Assets Map, April 2008 13
Figure 2: Libyan Arab Jamahiriya, Total Crude
Oil Reserves (MMBOE), 2000-2012 14
Figure 3: Libyan Arab Jamahiriya, Total
Crude Oil Production (MMBBLs), 2000-2007 16
Figure 4: Libyan Arab
Jamahiriya, Total Natural Gas Production (BCF), 2000-2007 17
Figure 5:
Libyan Arab Jamahiriya, Total Number Of Active Exploration Blocks By Area
22
Figure 6: Eni S.p.A., Value Chain Analysis 38
Figure 7:
Marathon Oil Corporation, Value Chain Analysis 60
Figure 8: Global
Markets Direct Methodology 112
