Essar Oil Limited (Essar) Analysis across The Oil and Gas Value Chain

SUMMARY

Essar Oil Limited Analysis Across The Oil and Gas Value Chain

Summary

Essar Oil Limited (Essar) Analysis across The Oil and Gas Value Chain is an essential source for data, analysis and strategic insight into Essar Oil Limited. The report provides key information relating to oil and gas assets of the company and financial, SWOT and value chain analysis of the company. The report examines company's business structure and operations, history and products, and provides an analysis of its key revenue lines. It inspects the company's strategy, both in terms of its value chain positioning and strategic strengths and weaknesses.

Scope

• Provides historical production or capacity data on Essar Oil Limited's oil and gas assets across value chain.
• Analyses and forecasts output for major oil and gas assets to 2020.
• Reports oil and gas exploration assets for each country including operator and equity details for major oil and gas assets of Essar Oil Limited
• Critical analysis of Essar Oil Limited' s strengths, weaknesses opportunities and threats and positioning on the value chain.
• Provides summary analysis of key revenue lines and strategy.
• Details on Essar Oil Limited's history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.
• Product and brand updates, strategy changes, financial events.
• Latest mergers and acquisitions, partnerships or financings of Essar Oil Limited including debt, equity or venture finance.

Reasons to buy

• Research your competitors business structure, strategy and prospects.
• Assess your competitor's major energy assets and their historic and forecast performance.
• Identify and assess potential corporate and asset investment opportunities
• Support sales activities by understanding your customers businesses better.
• Qualify prospective partners and suppliers.
• Obtain up to date company information

TABLE OF CONTENTS

1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 8
2 Company Snapshot 9
2.1 Key Information 9
2.2 Company Overview 9
2.3 Financial Performance 9
2.4 Industry Outlook - Production & Exploration 9
2.5 SWOT Snapshot 10
3 Essar Oil Limited , Exploration and Production Summary 11
3.1 Essar Oil Limited , Active Exploration Blocks, by Country, 2000-2007 11
3.2 Essar Oil Limited, Crude Oil Production, by Country 12
4 Essar Oil Limited, Crude Oil and Natural Gas Production By Fields 13
4.1 Essar Oil Limited, Crude Oil Production 13
4.1.1 Essar Oil Limited, Crude Oil Production in India, By Fields 13
5 Essar Oil Limited Pipeline Operation 14
5.1 Pipeline Operation, Key Data 14
5.2 Pipeline Operation, Overview 14
5.3 Pipeline Operation, Petroleum Product Pipelines 14
6 Essar Oil Limited Refining Operation 15
6.1 Refining Operation, Overview 15
6.2 Refining Operation, Crude Distillation Unit Capacity, 2000-2012 15
6.3 Refining Operation, Fluid Catalytic Cracking Unit Capacity, 2000-2012 15
7 Essar Oil Limited Oil and Chemicals Storage Operation 16
7.1 Oil and Chemicals Storage Operation, India 16
8 Business Description 17
8.1 Business Overview 17
8.2 Exploration and Production 17
8.2.1 Overview 17
8.2.2 Market View 18
8.2.3 Key Strategies 18
8.3 Marketing 18
8.3.1 Overview 18
8.3.2 Financials 18
8.3.3 Market View 18
8.3.4 Key Strategies 19
8.4 Refinery 19
8.4.1 Overview 19
8.4.2 Production 19
8.4.3 Market View 19
8.4.4 Key Strategies 20
8.4.5 Capital Investment 20
8.5 Major Products and Services 20
8.5.1 Overview 20
9 History 21
10 Business Strategy 22
10.1 Mission Statement 22
10.2 Strategy 22
10.3 Corporate Social Responsibility 22
10.3.1 Overview 22
10.3.2 Specific CSR Initiatives 22
11 Value Chain Analysis 23
11.1 Upstream 23
11.1.1 Overview 23
11.1.2 Financials, Production and Major Projects 24
11.2 Downstream 24
11.2.1 Overview 24
11.2.2 Financials, Production and Major Projects 24
11.3 Retail 24
11.3.1 Overview 24
11.3.2 Financials, Production and Major Projects 24
12 SWOT Analysis 25
12.1 Overview 25
12.2 Essar Oil Limited Strengths 25
12.2.1 Strategic Location of Vadinar Refinery 25
12.2.2 Considerable Asset Base 26
12.3 Essar Oil Limited Weaknesses 26
12.3.1 Poor Financial Performance 26
12.3.2 Complete Dependence on Marketing Segment 26
12.3.3 Decreasing Liquidity 27
12.4 Essar Oil Limited Opportunities 27
12.4.1 Strategic Projects 27
12.4.2 Increasing Demand for Petroleum Products in India 27
12.4.3 Coalbed Methane Operations 28
12.5 Essar Oil Limited Threats 28
12.5.1 Intense Domestic Competition 28
12.5.2 Government Regulations 28
13 Competitors 29
14 Revenue Analysis 30
14.1 Revenue by Segment 30
15 Financial and Operational Review 31
15.1 Financial Statements 31
15.2 Financial Ratios 32
16 Share Holding Structure 33
17 Key Employees 34
18 Key Employee Biographies 35
19 Company Statement 36
20 Locations And Subsidiaries 39
20.1 Head Office 39
20.2 Other Locations & Subsidiaries 39
21 Financial Deals Landscape 42
21.1 Rumored Deals 42
21.1.1 Adani Group, Gujarat State Petroleum Corporation And Essar Oil To Form Joint Venture 42
21.2 IPO 43
21.2.1 Essar Oil To Raise $2,000 Million 43
21.3 Acquisition 44
21.3.1 Essar To Acquire 50% Stake In Kenya Petroleum Refineries From Shell, Chevron And BP 44
22 Recent Developments 48
22.1 License Awards 48
22.1.1 Aug 08, 2008: OVL, Mittal, Oil India And Essar Shortlisted In Algeria's Latest Licensing Round 48
22.1.2 Jul 14, 2008: Indian Firms Show Interest In Australian Exploration Blocks 48
22.1.3 Jul 07, 2008: Indian Firms Lose Nigerian Licenses 49
22.1.4 Apr 26, 2008: EEPL Bids For Two Offshore Blocks In Australia 50
22.2 Strategy and Business Expansion 50
22.2.1 Apr 21, 2008: GSPC To Construct Fifth LNG Terminal In India 50
22.2.2 Mar 27, 2008: NTPC, Essar To Participate In Oil, Gas Exploration In Nigeria 51
22.2.3 Jan 29, 2008: EOL To Consolidate Exploration & Production Business 51
22.2.4 Nov 16, 2007: EOL To Expand Refinery Capacity 52
22.3 Drilling and Production Updates 53
22.3.1 Jul 09, 2008: Essar To Drill Gas Well At Inland Block In Myanmar 53
22.3.2 Jun 02, 2008: India To Emerge As Global Petroleum Refining Hub 53
22.3.3 May 04, 2008: Essar Reschedules Myanmar Drilling Campaign 53
22.4 Financial Announcements 54
22.4.1 Jul 31, 2008: EOL Reports 1Q Fiscal 2008 Results 54
22.4.2 Jun 20, 2008: ESPL Reports Fiscal 2007/08 Results 55
22.4.3 Feb 04, 2008: Essar Reports Nine Months Fiscal 2008 Results 56
22.4.4 Oct 31, 2007: EOL Reports Q2 Fiscal 2007 Results 56
22.4.5 Jul 25, 2007: EOL Reports Q1 Fiscal 2007 Results 56
22.4.6 Apr 24, 2007: EOL Reports Q4 Fiscal 2006 Results 56
22.4.7 Jan 30, 2007: EOL Reports Q3 Fiscal 2006 Results 57
22.5 Other Significant Developments 57
22.5.1 Aug 01, 2008: Essar In Talks To Sell Gasoline To Iran 57
22.5.2 Jul 10, 2008: EEPL Launches Airborne Survey For Exploring Oil & Gas In Madagascar 58
22.5.3 May 21, 2008: Essar Appoints New Managing Director 58
22.5.4 Mar 11, 2008: Private Firms File A Joint Petition On PSUs 58
22.5.5 Dec 18, 2007: EOL Appoints New MD 59
22.5.6 Nov 01, 2007: EOL Appoints Managing Director 59
22.6 New Contracts Announcements 59
22.6.1 Mar 04, 2008: EEPL Wins Offshore Block In Vietnam 59
23 Appendix 60
23.1 Methodology 60
23.1.1 Coverage 60
23.1.2 Secondary Research 61
23.1.3 Primary Research 61
23.1.4 E&P Forecasts 62
23.1.5 Midstream Forecasts 64
23.1.6 Expert Panel Validation 65
23.2 Contact Us 65
23.3 About Global Markets Direct 65
23.4 Disclaimer 65

1.1 List of Tables
Table 1: Essar Oil Limited,Key Facts, 2007 9
Table 2: Essar Oil Limited, Number of Exploration Blocks, by Country, 2000-2007 11
Table 3: Essar Oil Limited, Crude Oil Production (BBls), by Country, 2000-2007 12
Table 4: Essar Oil Limited, Crude Oil Production (BBls) By Fields in India, 2000-2007 13
Table 5: Essar Oil Limited, Pipeline Key Statistics, 2007 14
Table 6: Essar Oil Limited, Petroleum Product Pipelines, 2007 14
Table 7: 1 Essar Oil Limited, Refining Capacity Country-Wise (MMTPA), 2000-2012 15
Table 8: Essar Oil Limited, Fluid Catalytic Cracking Unit Capacity (MMTPA), 2000-2012 15
Table 9: Essar Oil Limited, SWOT Analysis , 2007 25
Table 10: Essar Oil Limited, Revenue by Segment, INR Million, 2003-2007 30
Table 11: Essar Oil Limited, Financial Statements, INR Million, 2003-2007 31
Table 12: Essar Oil Limited, Financial Ratios, INR Million, 2003-2007 32
Table 13: Essar Oil Limited, Share Holding Structure 33
Table 14: Essar Oil Limited, Key Employees, 2007 34
Table 15: Essar Oil Limited, Other Locations 39
Table 16: Essar Oil Limited, Subsidiaries 41
Table 17: Brent Blend NYMEX Future Prices 64

1.2 List of Figures
Figure 1: Essar Oil Limited, Number of Exploration Blocks, by Country, 2000-2007 11
Figure 2: Essar Oil Limited, Crude Oil Production (BBls), by Country, 2000-2007 12
Figure 3: Essar Oil Limited, Value Chain Analysis 23
Figure 4: Global Markets Direct Methodology 60