Libyan Arab Jamahiriya Oil and Gas Exploration and Production Industry Investment Opportunities, Analysis and Forecasts to 2012

SUMMARY

Summary

This profile is the essential source for top-level industry data and information relating to the Exploration & 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 in each the country.

TABLE OF CONTENTS

1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10
2 Introduction 11
2.1 What Is This Report About? 11
2.2 How To Use This Report 11
2.3 Market Definition 11
3 Libyan Arab Jamahiriya, Country Snapshot 12
3.1 Libyan Arab Jamahiriya, Key Data 12
3.2 Libyan Arab Jamahiriya, Exploration And Production Assets Map 13
3.3 Libyan Arab Jamahiriya, Crude Oil & Natural Gas Reserves 14
4 Libyan Arab Jamahiriya, Crude Oil And Natural Gas Production 16
4.1 Libyan Arab Jamahiriya, Historical Crude Oil Production 16
4.2 Libyan Arab Jamahiriya, Historical Natural Gas Production 17
4.3 Libyan Arab Jamahiriya, Crude Oil And Natural Gas Producing Asset Details 18
4.4 Libyan Arab Jamahiriya, Crude Oil Production Assets By Area 19
4.5 Libyan Arab Jamahiriya, Natural Gas Production Assets By Area 19
4.6 Libyan Arab Jamahiriya, Crude Oil Production By Company 20
5 Libyan Arab Jamahiriya, Crude Oil And Natural Gas Forecasts 21
5.1 Libyan Arab Jamahiriya, Forecasted Crude Oil Production 21
5.2 Libyan Arab Jamahiriya, Forecasted Natural Gas Production 21
6 Libyan Arab Jamahiriya, Exploration Block Details 22
6.1 Libyan Arab Jamahiriya, Total Number of Active Exploration Blocks 22
6.2 Libyan Arab Jamahiriya, Total Number of Active Exploration Blocks By Company 23
6.3 Libyan Arab Jamahiriya, Exploration Blocks Details 24
6.4 Libyan Arab Jamahiriya, Planned Exploration Blocks Details. 28
7 Eni S.p.A. 29
7.1 Eni S.p.A, Key Information 29
7.2 Eni S.p.A, Company Overview 29
7.3 Eni S.p.A, Business Description 29
7.3.1 Eni S.p.A, Business Description, Business Overview 29
7.3.2 Eni S.p.A, Business Description, Engineering and Construction 30
7.3.3 Eni S.p.A, Business Description, Exploration & Production 31
7.3.4 Eni S.p.A, Business Description, Gas & Power 32
7.3.5 Eni S.p.A, Business Description, Others 34
7.3.6 Eni S.p.A, Business Description, Petrochemicals 34
7.3.7 Eni S.p.A, Business Description, Refining and Marketing 35
7.3.8 Eni S.p.A, Business Description, Major Products and Services 36
7.4 Eni S.p.A, Value Chain Analysis 38
7.4.1 Eni S.p.A, Value Chain Analysis, Upstream 38
7.4.2 Eni S.p.A, Value Chain Analysis, Midstream 39
7.4.3 Eni S.p.A, Value Chain Analysis, Downstream 40
7.4.4 Eni S.p.A, Value Chain Analysis, Retail 41
7.5 Eni S.p.A, SWOT Analysis 42
7.5.1 Eni S.p.A, SWOT Analysis, Overview 42
7.5.2 Eni S.p.A, SWOT Analysis, Strengths 43
7.5.3 Eni S.p.A, SWOT Analysis, Weaknesses 44
7.5.4 Eni S.p.A, SWOT Analysis, Opportunities 45
7.5.5 Eni S.p.A, SWOT Analysis, Threats 46
7.6 Eni S.p.A, Revenue Analysis 47
7.6.1 Eni S.p.A, Revenue Analysis, Revenue by Segment 48
7.6.2 Eni S.p.A, Revenue Analysis, Revenue by Geography 48
7.7 Eni S.p.A, Financial and Operational Review 50
7.8 Eni S.p.A, Financial and Operational Review, Financial Statements 50
7.9 Eni S.p.A, Financial and Operational Review, Financial Ratios 51
7.10 Eni S.p.A, Operational Indicators 52
8 Marathon Oil Corporation 53
8.1 Marathon Oil Corporation, Key Information 53
8.2 Marathon Oil Corporation, Company Overview 53
8.3 Marathon Oil Corporation, Business Description 54
8.3.1 Marathon Oil Corporation, Business Description, Business Overview 54
8.3.2 Marathon Oil Corporation, Business Description, Exploration and Production 54
8.3.3 Marathon Oil Corporation, Business Description, Integrated Gas 55
8.3.4 Marathon Oil Corporation, Business Description, Oil Sands Mining 56
8.3.5 Marathon Oil Corporation, Business Description, Refining, Marketing and Transportation 57
8.3.6 Marathon Oil Corporation, Business Description, Major Products and Services 58
8.4 Marathon Oil Corporation, Value Chain Analysis 60
8.4.1 Marathon Oil Corporation, Value Chain Analysis, Upstream 60
8.4.2 Marathon Oil Corporation, Value Chain Analysis, Midstream 61
8.4.3 Marathon Oil Corporation, Value Chain Analysis, Downstream 62
8.4.4 Marathon Oil Corporation, Value Chain Analysis, Retail 63
8.5 Marathon Oil Corporation, SWOT Analysis 63
8.5.1 Marathon Oil Corporation, SWOT Analysis, Overview 63
8.5.2 Marathon Oil Corporation, SWOT Analysis, Strengths 64
8.5.3 Marathon Oil Corporation, SWOT Analysis, Weaknesses 65
8.5.4 Marathon Oil Corporation, SWOT Analysis, Opportunities 65
8.5.5 Marathon Oil Corporation, SWOT Analysis, Threats 66
8.6 Marathon Oil Corporation, Revenue Analysis 67
8.6.1 Marathon Oil Corporation, Revenue Analysis, Revenue by Segment 67
8.6.2 Marathon Oil Corporation, Revenue Analysis, Revenue by Geography 68
8.7 Marathon Oil Corporation, Financial and Operational Review 69
8.7.1 Marathon Oil Corporation, Financial and Operational Review, Financial Statements 69
8.7.2 Marathon Oil Corporation, Financial and Operational Review, Financial Ratios 70
8.8 Marathon Oil Corporation, Operational Indicators 71
9 Wintershall AG 72
9.1 Wintershall AG, Key Information 72
9.2 Wintershall AG, Company Overview 72
9.3 Wintershall AG, Business Description 73
9.4 Wintershall AG, Business Description, Business Overview 73
9.4.1 Wintershall AG, Business Description, Exploration and Production 73
9.4.2 Wintershall AG, Business Description, Natural Gas Trading 74
9.4.3 Wintershall AG, Business Description, Major Products and Services 75
9.5 Wintershall AG, SWOT Analysis 76
9.5.1 Wintershall AG, SWOT Analysis, Overview 76
9.5.2 Wintershall AG, SWOT Analysis, Strengths 76
9.5.3 Wintershall AG, SWOT Analysis, Weaknesses 77
9.5.4 Wintershall AG, SWOT Analysis, Opportunities 77
9.5.5 Wintershall AG, SWOT Analysis, Threats 77
9.6 Wintershall AG, Revenue Analysis 78
9.6.1 Wintershall AG, Revenue Analysis, Revenue by Segment 78
9.7 Wintershall AG, Financial and Operational Review 79
9.7.1 Wintershall AG, Financial and Operational Review, Financial Statements 79
9.7.2 Wintershall AG, Financial and Operational Review, Financial Ratios 80
9.8 Wintershall AG, Operational Indicators 81
10 Libyan Arab Jamahiriya Exploration and Production Industry, Financial Deals Landscape 82
10.1 Partnership 82
10.1.1 PGNiG Signs An Agreement With National Oil Corporation 82
10.1.2 Gazprom And National Oil Corporation To Form A Joint Venture 83
10.1.3 National Oil Sign Exploration And Production Sharing Agreement With Sonatrach, Oil India And Indian Oil 85
10.2 Asset Transactions 87
10.2.1 Oil India, Sonatrach, Indian Oil And National Oil To Acquire 4 Blocks In Libya 87
11 Libyan Arab Jamahiriya Exploration and Production Industry, Recent Developments 91
11.1 Strategy and Business Planning 91
11.1.1 May 27, 2008: MOL Eyes Libyan expansion 91
11.1.2 Apr 28, 2008: Gazprom And Eni Discuss Interaction In Libya 91
11.1.3 Apr 10, 2008: Gazprom In Discussions With Eni On Joint Libyan Gas Projects 91
11.1.4 Dec 14, 2007: IOC-OIL Wins Three Oil Blocks In Libya 92
11.1.5 Dec 10, 2007: PGNiG Wins Exploration License In Libya 92
11.1.6 Dec 10, 2007: Petro-Canada, NOC Sign Exploration And Development Agreements 92
11.2 Operations Updates 92
11.2.1 May 26, 2008: Libya Plans To Increase Oil Output To 2 MMbpd In 2008 92
11.2.2 May 05, 2008: RWE Dea Discovers Oil In Libya 93
11.2.3 Apr 26, 2008: Total Temporarily Shuts Al-Jurf Field In Libya 93
11.2.4 Mar 28, 2008: Cygam Announces Commencement Of Drilling At Sud Remada In Tunisia 94
11.2.5 Jan 28, 2008: Verenex Provides Libya Operational Update 94
11.2.6 Jan 02, 2008: Repsol Discovers C1-NC210 Well In Libya 95
11.2.7 Dec 10, 2007: Verenex Announces Fifth Oil Discovery In Libya 95
11.2.8 Dec 04, 2007: PT Medco Announces Flow Test Results Of F1-47/02 Well, Libya 96
11.3 Financial Announcements 96
11.3.1 Mar 10, 2008: PGNiG To Invest PLN16 Billion By 2020, Mostly In Upstream Sector 96
11.4 Other Significant Developments 96
11.4.1 Dec 09, 2007: Galp Energia And LAP Signs MoU 96
11.4.2 Jan 29, 2008: RWE Dea Receives New Concession In Libya 96
11.4.3 Feb 22, 2008: Gazprom Signs PSA Agreement With Libya 97
11.4.4 Feb 21, 2008: NOC Enters E&P Agreement With Polish 97
11.4.5 Apr 25, 2008: SCAN Wins Seismic Contract From Hess Libya 97
11.4.6 May 20, 2008: OVL Gives Up Exploration Blocks In Libya 98
12 Appendix 99
12.1 Methodology 99
12.1.1 Coverage 100
12.1.2 Secondary Research 100
12.1.3 Primary Research 101
12.1.4 Forecasts 101
12.2 Key Economic Assumptions 103
12.3 Expert Panel Validation 104
12.4 Definitions 104
12.5 Unit of Measure 105
12.6 Contact Us 106
12.7 Global Markets Direct Consulting 106
12.8 Disclaimer 106

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 78
Table 36: Wintershall AG, Revenue by Geography, Euro Million, 2001-2005 78
Table 37: Wintershall AG, Financial Statements, Euro Million, 2001-2005 79
Table 38: Wintershall AG, Financial Ratios, Euro Million, 2001-2005 80
Table 39: Wintershall AG, Operational Indicators, 2001-2005 81
Table 40: Brent Blend NYMEX Future Prices 103

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 99