Bahrain Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020

Bahrain Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020

Summary

This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Bahrain. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the natural gas assets (gas fields, pipelines, LNG terminals and underground gas storage facilities) in Bahrain. The report also analyses the fiscal regime relevant to the natural gas assets in Bahrain and compares the investment environment in Bahrain with other countries in the region. The profiles of the major companies operating in the natural gas sector in Bahrain together with the latest news and deals are also included in the report.

Scope

• Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 1995-2020.
• Historical and forecast data and information for all the major gas fields, LNG Terminals, pipelines and underground gas storage facilities in Bahrain for the period 1995-2020.
• Operator and equity details for major natural gas assets in Bahrain
• Key information relating to market regulations, key energy assets and the key companies operating in the Bahrain’s energy industry.
• Detailed information on key fiscal terms (such as rents, bonuses, royalty, cost recovery, profit oil, petroleum and corporate taxes) pertaining the geography is also provided. A sample calculation detailing how fiscal terms apply to a typical asset in the regime is included.
• Information on the top companies in the Bahrain 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 and venture capital investments, and IPOs.

Reasons to buy

• Gain a strong understanding of the country’s energy market.
• Facilitate market analysis and forecasting of future industry trends.
• Evaluate the attractiveness of the geography for gas investment in the light of government policies and the fiscal environment.
• Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
• Understand the geography’s policies and fiscal terms, and their impact on contractor’s profits from upstream gas assets.
• Assess your competitor’s major natural gas assets and their performance.
• Analyze the latest news and financial deals in the gas sector of each country.
• 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 the country.

1 Table of Contents 2
1.1 List of Tables 6
1.2 List of Figures 7

2 Bahrain Energy Sector 8
2.1 Bahrain Energy Sector, Market Overview 8
2.2 Bahrain Energy Sector, Natural Gas 9
2.2.1 Bahrain Natural Gas, Overview 9
2.2.2 Bahrain Natural Gas, Supply and Demand Balance 9
2.2.3 Bahrain Natural Gas, Regulatory Structure 13
2.2.4 Bahrain Natural Gas, Infrastructure 14

3 Bahrain Exploration and Production Sector 15
3.1 Bahrain Exploration and Production Sector, Country Snapshot 15
3.1.1 Bahrain Exploration and Production Sector, Key Data 15
3.2 Bahrain Exploration and Production Sector, Marketed Natural Gas Production 16
3.2.1 Bahrain Exploration and Production Sector, Marketed Natural Gas-Historical Production 16
3.2.2 Bahrain Exploration and Production Sector, Marketed Natural Gas Production by Assets 17
3.2.3 Bahrain Exploration and Production Sector, Marketed Equity Weighted Natural Gas Production by Company 17
3.2.4 Bahrain Exploration and Production Sector, Market Share based on Marketed Natural Gas Production 18
3.3 Bahrain Exploration and Production Sector, Marketed Natural Gas Forecasts 20
3.3.1 Bahrain Exploration and Production Sector, Marketed Natural Gas Forecasted Production 20
3.4 Bahrain Exploration And Production Sector, Natural Gas Asset Details 20
3.4.1 Bahrain Exploration And Production Sector, Active Natural Gas Asset Details 20

4 Profile of Saudi Aramco 21
4.1 Saudi Aramco, Key Information 21
4.2 Saudi Aramco, Company Overview 21
4.3 Saudi Aramco, Business Description 21
4.3.1 Saudi Aramco, Business Description, Business Overview 21
4.3.2 Saudi Aramco, Business Description, Exploration 23
4.3.3 Saudi Aramco, Business Description, Oil Operations 23
4.3.4 Saudi Aramco, Business Description, Refining and Distribution 23
4.3.5 Saudi Aramco, Business Description, Shipping 24
4.4 Saudi Aramco, SWOT Analysis 25
4.4.1 Saudi Aramco, SWOT Analysis, Overview 25
4.4.2 Saudi Aramco, SWOT Analysis, Saudi Aramco Strengths 25
4.4.3 Saudi Aramco, SWOT Analysis, Saudi Aramco Weaknesses 27
4.4.4 Saudi Aramco, SWOT Analysis, Saudi Aramco Opportunities 27
4.4.5 Saudi Aramco, SWOT Analysis, Saudi Aramco Threats 28

5 Profile of Chevron Corporation 29
5.1 Chevron Corporation, Key Information 29
5.2 Chevron Corporation, Company Overview 29
5.3 Chevron Corporation, Business Description 29
5.3.1 Chevron Corporation, Business Description, Overview 29
5.3.2 Chevron Corporation, Business Description, Chemicals 30
5.3.3 Chevron Corporation, Business Description, Downstream Segment 31
5.3.4 Chevron Corporation, Business Description, Others Segment 33
5.3.5 Chevron Corporation, Business Description, Upstream Segment 34
5.4 Chevron Corporation, Value Chain Analysis 35
5.4.1 Chevron Corporation, Value Chain Analysis, Upstream 36
5.4.2 Chevron Corporation, Value Chain Analysis, Midstream 37
5.4.3 Chevron Corporation, Value Chain Analysis, Retail 38
5.4.4 Chevron Corporation, Value Chain Analysis, Power Generation 38
5.4.5 Chevron Corporation, Value Chain Analysis, Transformation 39
5.5 Chevron Corporation, SWOT Analysis 40
5.5.1 Chevron Corporation, SWOT Analysis, Overview 40
5.5.2 Chevron Corporation, SWOT Analysis, Strengths 41
5.5.3 Chevron Corporation, SWOT Analysis, Weaknesses 42
5.5.4 Chevron Corporation, SWOT Analysis, Opportunities 42
5.5.5 Chevron Corporation, SWOT Analysis, Threats 44
5.6 Chevron Corporation, Revenue Analysis 45
5.6.1 Chevron Corporation, Revenue by Segment 45
5.6.2 Chevron Corporation, Revenue by Geography 46
5.7 Chevron Corporation, Financial and Operational Review 47
5.7.1 Financial Statements 47
5.7.2 Financial Ratios 48

6 Profile of Exxon Mobil Corporation 49
6.1 Exxon Mobil Corporation, Key Information 49
6.2 Exxon Mobil Corporation, Company Overview 49
6.3 Exxon Mobil Corporation, Business Description 49
6.3.1 Exxon Mobil Corporation, Business Description, Overview 49
6.3.2 Exxon Mobil Corporation, Business Description, Chemical 49
6.3.3 Exxon Mobil Corporation, Business Description, Downstream 51
6.3.4 Exxon Mobil Corporation, Business Description, Upstream 53
6.4 Exxon Mobil Corporation, Value Chain Analysis 55
6.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream 55
6.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 56
6.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 57
6.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail 57
6.5 Exxon Mobil Corporation, SWOT Analysis 57
6.5.1 Exxon Mobil Corporation, SWOT Analysis, Overview 57
6.5.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 58
6.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 60
6.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 62
6.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 63
6.6 Exxon Mobil Corporation, Revenue Analysis 65
6.6.1 Exxon Mobil Corporation, Revenue by Segment 65
6.6.2 Exxon Mobil Corporation, Revenue by Geography 65
6.7 Exxon Mobil Corporation, Financial and Operational Review 67
6.7.1 Financial Statements 67
6.7.2 Financial Ratios 68

7 Financial Deals Landscape 69
7.1 Detailed Deal Summary 69
7.1.1 Partnerships 69

8 Recent Developments 70
8.1 License Rounds 70
8.1.1 Feb 17, 2009: 18 Companies Register For Bahrain's Gas Bidding Round 70
8.1.2 Oct 21, 2008: Bahrain To Award Awali Oilfield Tender In December 2008 70
8.2 License Awards 70
8.2.1 Dec 22, 2008: Occidental Being Shortlisted By Bahrain For Awali Onshore Oilfield Contract 70
8.2.2 Feb 25, 2008: Bapco To Award E&P Contract To PTTEP 71
8.3 Strategy and Business Expansion 72
8.3.1 Feb 02, 2009: Shell And Bahrain Sign MoU To Study On Gas Imports 72
8.4 Other Significant Developments 73
8.4.1 Jan 25, 2009: Bahrain Petroleum Exports Fall 11% On Refinery Shutdowns And Maintenance Work 73
8.4.2 Jan 12, 2009: BAPCO To Temporarily Shut Two Crude Units From Mid-February 2009 73
8.4.3 Oct 16, 2008: Iran And Bahrain To Set Up New Gas Pipeline 74
8.4.4 Sep 15, 2008: Bahrain To Boost Its Oil Productivity 75
8.4.5 Aug 27, 2008: Bahrain Raises Its Refinery Production To 271,000 Bpd 75
8.4.6 May 27, 2008: Bahrain Plans $2 Billion Refinery Expansion 76
8.5 New Contracts Announcements 76
8.5.1 Jan 13, 2009: Occidental Wins Contract From Bahrain 76
8.5.2 Aug 20, 2008: Samsung Engineering Wins $314 Million Contract In Bahrain 76

9 Appendix 78
9.1 Methodology 78
9.1.1 Coverage 78
9.1.2 Secondary Research 79
9.1.3 Primary Research 79
9.1.4 E&P Forecasts 80
9.1.5 Midstream Forecasts 81
9.1.6 Expert Panel Validation 81
9.2 Contact Us 82
9.3 About GlobalData 82
9.4 Disclaimer 82

1.1 List of Tables
Table 1: Bahrain, Historical and Forecasted Production and Consumption of Natural Gas, 1996-2020 10
Table 2: Bahrain, Historical Reserves of Natural Gas, 1996-2008 12
Table 3: Bahrain, Natural Gas Key Statistics, 2008 15
Table 4: Bahrain, Total Marketed Natural Gas Production (MMcf), 2001-2008 16
Table 5: Bahrain, Marketed Natural Gas Production (MMcf), by Assets, 2001-2008 17
Table 6: Bahrain, Marketed Equity Weighted Natural Gas Production (MMcf), by Company, 2001-2008 17
Table 7: Bahrain, Market Share (%) based on Marketed Natural Gas Production, 2001-2008 18
Table 8: Bahrain, Marketed Natural Gas Production (MMcf), Forecast by Assets, 2009-2014 20
Table 9: Bahrain, Gas Field Assets Details 20
Table 10: Saudi Aramco, Key Facts 21
Table 11: Saudi Aramco, SWOT Analysis 25
Table 12: Chevron Corporation, Key Facts 29
Table 13: Chevron Corporation, SWOT Analysis 40
Table 14: Chevron Corporation, Revenue by Segment, USD Million, 2003-2007 46
Table 15: Chevron Corporation, Revenue by Geography, USD Million, 2003-2007 46
Table 16: Chevron Corporation, Financial Statements, USD Million, 2003-2007 47
Table 17: Chevron Corporation, Financial Ratios, USD Million, 2003-2007 48
Table 18: Exxon Mobil Corporation, Key Facts 49
Table 19: Exxon Mobil Corporation, SWOT Analysis 58
Table 20: Exxon Mobil Corporation, Revenue by Segment, USD Million, 2003-2007 65
Table 21: Exxon Mobil Corporation, Revenue by Geography, USD Million, 2003-2007 66
Table 22: Exxon Mobil Corporation, Financial Statements, USD Million, 2003-2007 67
Table 23: Exxon Mobil Corporation, Financial Ratios, USD Million, 2003-2007 68
Table 24: Neste Oil, Bahrain Petroleum Company And Bahrain Oil & Gas Form Joint Venture 69

1.2 List of Figures
Figure 1: Bahrain, Energy Sector Break-Up, 2008 8
Figure 2: Bahrain, Natural Gas Production And Consumption (Billion Cubic Feet), 1996-2020 11
Figure 3: Bahrain, Natural Gas Reserves (Billion Cubic Feet), 1996-2008 13
Figure 4: Bahrain Natural Gas Assets Map, 2008 15
Figure 5: Bahrain, Total Marketed Natural Gas Production (MMcf), 2001-2008 16
Figure 6: Bahrain, Marketed Equity Weighted Natural Gas Production (MMcf), by Company, 2001-2008 18
Figure 7: Bahrain, Market Share (%) based on Marketed Natural Gas Production, 2008 19
Figure 8: Chevron Corporation, Value Chain Analysis 35
Figure 9: Exxon Mobil Corporation, Value Chain Analysis 55
Figure 10: GlobalData Methodology 78