Egypt 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 2013

Egypt 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 2013

Summary

This profile is the essential source for top-level industry data and information relating to the Exploration and Production industry in Egypt. It provides asset level information relating to the active and planned oil and gas fields and exploration blocks in Egypt. The profiles of the major companies operating in the upstream industry of Egypt 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.

1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9

2 Egypt Exploration And Production Sector 10
2.1 Egypt, Key Data 10
2.2 Egypt, Exploration And Production Assets Map 11
2.3 Egypt Exploration and Production Sector, Production 12
2.3.1 Egypt Exploration and Production Sector, Crude Oil-Historical Production 12
2.3.2 Egypt Exploration and Production Sector, Natural Gas-Historical Production 13
2.3.3 Egypt Exploration and Production Sector, Crude Oil Production by Assets 14
2.3.4 Egypt Exploration and Production Sector, Natural Gas Production by Assets 15
2.3.5 Egypt Exploration and Production Sector, Crude Oil Production by Company 16
2.3.6 Egypt Exploration and Production Sector, Natural Gas Production by Company 17
2.4 Egypt Exploration and Production Sector, Forecasts 18
2.4.1 Egypt Exploration and Production Sector, Crude Oil Forecasted Production 18
2.4.2 Egypt Exploration and Production Sector, Natural Gas Forecasted Production 19
2.4.3 Egypt Exploration and Production Sector, Crude Oil Gross Revenue Forecast 19
2.4.4 Egypt Exploration and Production Sector, Natural Gas Gross Revenue Forecast 20
2.4.5 Egypt Exploration and Production Sector, Government Take Forecast of Crude Oil Assets 20
2.4.6 Egypt Exploration and Production Sector, Government Take Forecast of Natural Gas Assets 21
2.4.7 Egypt Exploration and Production Sector, Contractor Take Forecast of Crude Oil Assets 21
2.4.8 Egypt Exploration and Production Sector, Contractor Take Forecast of Natural Gas Assets 22
2.5 Egypt Exploration And Production Sector, Crude Oil Asset Details 22
2.5.1 Egypt Exploration And Production Sector, Active Crude Oil Asset Details 22
2.5.2 Egypt Exploration And Production Sector, Planned Crude Oil Asset Details 22
2.6 Egypt Exploration And Production Sector, Natural Gas Asset Details 23
2.6.1 Egypt Exploration And Production Sector, Active Natural Gas Asset Details 23
2.7 Egypt Exploration And Production Sector, Exploration 23
2.7.1 Egypt Exploration And Production Sector, Total Active Exploration Blocks 23
2.7.2 Egypt Exploration And Production Sector, Active Exploration Blocks by Company 24
2.7.3 Egypt Exploration And Production Sector, Exploration Details 26

3 Petroliam Nasional Berhad (PETRONAS) 29
3.1 Petroliam Nasional Berhad (PETRONAS), Key Information 29
3.2 Petroliam Nasional Berhad (PETRONAS), Company Overview 29
3.3 Petroliam Nasional Berhad (PETRONAS), Business Description 29
3.3.1 Petroliam Nasional Berhad (PETRONAS), Business Description, Business Overview 29
3.3.2 Petroliam Nasional Berhad (PETRONAS), Business Description, Exploration and Production Segment 30
3.3.3 Petroliam Nasional Berhad (PETRONAS), Business Description, Gas Business Segment 31
3.3.4 Petroliam Nasional Berhad (PETRONAS), Business Description, Logistics and Maritime Segment 32
3.3.5 Petroliam Nasional Berhad (PETRONAS), Business Description, Oil Business Segment 33
3.3.6 Petroliam Nasional Berhad (PETRONAS), Business Description, Petrochemicals Segment 34
3.4 Petroliam Nasional Berhad (PETRONAS), Value Chain Analysis 35
3.4.1 Petroliam Nasional Berhad (PETRONAS), Value Chain Analysis, Upstream 35
3.4.2 Petroliam Nasional Berhad (PETRONAS), Value Chain Analysis, Midstream 36
3.4.3 Petroliam Nasional Berhad (PETRONAS), Value Chain Analysis, Downstream 37
3.4.4 Petroliam Nasional Berhad (PETRONAS), Value Chain Analysis, Retail 38
3.5 Petroliam Nasional Berhad (PETRONAS), SWOT Analysis 38
3.5.1 Petroliam Nasional Berhad (PETRONAS), SWOT Analysis, Overview 38
3.5.2 Petroliam Nasional Berhad (PETRONAS), SWOT Analysis, Strengths 39
3.5.3 Petroliam Nasional Berhad (PETRONAS), SWOT Analysis, Weaknesses 40
3.5.4 Petroliam Nasional Berhad (PETRONAS), SWOT Analysis, Opportunities 40
3.5.5 Petroliam Nasional Berhad (PETRONAS), SWOT Analysis, Threats 42
3.6 Petroliam Nasional Berhad (PETRONAS), Revenue Analysis 43
3.6.1 Petroliam Nasional Berhad (PETRONAS), Revenue by Segment 43
3.6.2 Petroliam Nasional Berhad (PETRONAS), Revenue by Geography 44
3.7 Petroliam Nasional Berhad (PETRONAS), Financial and Operational Review 45
3.7.1 Financial Statements 45
3.7.2 Financial Ratios 46

4 Profile of BG Group plc 47
4.1 BG Group plc, Key Information 47
4.2 BG Group plc, Company Overview 47
4.3 BG Group plc, Business Description 47
4.3.1 BG Group plc, Business Description, Business Overview 47
4.3.2 BG Group plc, Business Description, Exploration and Production 48
4.3.3 BG Group plc, Business Description, Liquefied Natural Gas 50
4.3.4 BG Group plc, Business Description, Power and Other activities 51
4.3.5 BG Group plc, Business Description, Transmission and Distribution 53
4.3.6 BG Group plc, Business Description, Major Products and Services 54
4.4 BG Group plc, Value Chain Analysis 55
4.4.1 BG Group plc, Value Chain Analysis, Upstream 56
4.4.2 BG Group plc, Value Chain Analysis, Midstream 56
4.4.3 BG Group plc, Value Chain Analysis, Downstream 57
4.5 BG Group plc, SWOT Analysis 58
4.5.1 BG Group plc, SWOT Analysis, Overview 58
4.5.2 BG Group plc, SWOT Analysis, Strengths 58
4.5.3 BG Group plc, SWOT Analysis, Weaknesses 60
4.5.4 BG Group plc, SWOT Analysis, Opportunities 60
4.5.5 BG Group plc, SWOT Analysis, Threats 61
4.6 BG Group plc, Revenue Analysis 62
4.6.1 BG Group plc, Revenue Analysis, Revenue by Segment 62
4.6.2 BG Group plc, Revenue Analysis, Revenue by Geography 63
4.7 BG Group plc, Financial and Operational Review 64
4.7.1 Financial Statements 64
4.7.2 Financial Ratios 65

5 Profile Of Eni S.p.A. 66
5.1 Eni S.p.A., Key Facts 66
5.2 Eni S.p.A., Company Overview 66
5.3 Eni S.p.A., Business Description 66
5.3.1 Eni S.p.A., Business Description, Business Overview 66
5.3.2 Eni S.p.A., Business Description, Engineering and Construction 67
5.3.3 Eni S.p.A., Business Description, Exploration & Production 68
5.3.4 Eni S.p.A., Business Description, Gas & Power 69
5.3.5 Eni S.p.A., Business Description, Others 71
5.3.6 Eni S.p.A., Business Description, Petrochemicals 71
5.3.7 Eni S.p.A., Business Description, Refining and Marketing 72
5.4 Eni S.p.A., Value Chain Analysis 74
5.4.1 Eni S.p.A., Value Chain Analysis, Upstream 74
5.4.2 Eni S.p.A., Value Chain Analysis, Midstream 75
5.4.3 Eni S.p.A., Value Chain Analysis, Downstream 76
5.4.4 Eni S.p.A., Value Chain Analysis, Retail 77
5.5 Eni S.p.A., SWOT Analysis 77
5.5.1 Eni S.p.A., SWOT Analysis, Overview 77
5.5.2 Eni S.p.A., SWOT Analysis, Strengths 78
5.5.3 Eni S.p.A., SWOT Analysis, Weaknesses 79
5.5.4 Eni S.p.A., SWOT Analysis, Opportunities 81
5.5.5 Eni S.p.A., SWOT Analysis, Threats 82
5.6 Eni S.p.A., Revenue Analysis 83
5.6.1 Eni S.p.A., Revenue by Segment 83
5.6.2 Eni S.p.A., Revenue by Geography 85
5.7 Eni S.p.A., Financial and Operational Review 86
5.7.1 Financial Statements 86
5.7.2 Financial Ratios 87

6 Financial Deals Landscape 88
6.1 Detailed Deal Summary 88
6.1.1 Acquisition 88
6.1.2 Partnerships 89
6.1.3 Asset Transactions 90

7 Recent Developments 105
7.1 License Rounds 105
7.1.1 Aug 12, 2008: Egypt To Conduct International Tender For Offshore Drilling In Mediterranean Sea 105
7.1.2 Mar 24, 2008: Egypt To Sell Oil, Gas Exploration And Production Rights 105
7.2 License Awards 106
7.2.1 Nov 07, 2008: Two Indian Consortiums Win Three Exploration Licenses In Egypt 106
7.2.2 Nov 07, 2008: Beach Wins Egyptian Government Approval For Gulf Of Suez Oil Concessions 107
7.2.3 Oct 24, 2008: EGAS Announces International Bid Round 2008 In Egypt 107
7.2.4 Aug 02, 2008: GSPC Bids For Three Egyptian Oil And Gas Blocks 108
7.2.5 Apr 20, 2008: Edison To Bid For 100% In Abu Quir Field, Egypt 109
7.3 Strategy and Business Expansion 109
7.3.1 Jul 01, 2008: PetroSA Opens Office In Egypt 109
7.3.2 Jun 05, 2008: PetroSA Seeks Global Partners For Its Projects In Egypt 110
7.4 Recent Discoveries 111
7.4.1 Feb 23, 2009: Dana Gas Announces Gas Discovery At Azhar-1 Well In Nile Delta, Egypt 111
7.4.2 Feb 16, 2009: Dana Gas Announces New Gas Discovery In West Manzala Concession, Egypt 112
7.4.3 Feb 02, 2009: RWE Dea Discovers Gas At Ruby-3 Well In Egypt 112
7.4.4 Jan 15, 2009: Circle Oil Announces Discovery Of Oil And Gas At Al Amir SE-2X Well In North-West Gemsa Concession, Egypt 113
7.4.5 Jan 14, 2009: Apache Scores Triple Play With Discoveries In Egypt's Western Desert 114
7.5 Drilling and Production Updates 115
7.5.1 Feb 25, 2009: Beach Petroleum Provides Drilling Update 115
7.5.2 Feb 24, 2009: Naftogaz Ukrainy Commences Oil Production From Alam El Shawish Block In Western Desert Of Egypt 115
7.5.3 Feb 20, 2009: Melrose Resources Provides 2008 Production Update 116
7.5.4 Feb 18, 2009: Beach Petroleum Provides Drilling Update 117
7.5.5 Feb 17, 2009: Sea Dragon Provides Results Of Drilling Program At East Wadi Araba Concession, Gulf Of Suez 118
7.6 Other Significant Developments 118
7.6.1 Feb 11, 2009: Egypt To Raise Gas Production By 6% To Meet Local Demand 118
7.6.2 Feb 06, 2009: Dana Provides Operations Update 119
7.6.3 Feb 04, 2009: BG Group, Petronas And Edison To Invest $2.1 Billion On Gas Exploration In Egypt 123
7.6.4 Feb 02, 2009: TransGlobe Provides Operations Update 123

8 Appendix 125
8.1 Methodology 125
8.1.1 Coverage 125
8.1.2 Secondary Research 126
8.1.3 Primary Research 126
8.1.4 E&P Forecasts 127
8.1.5 Midstream Forecasts 128
8.1.6 Expert Panel Validation 128
8.2 Contact Us 129
8.3 About GlobalData 129
8.4 Disclaimer 129

1.1 List of Tables
Table 1: Egypt, Oil and Gas, Key Statistics, 2008 10
Table 2: Egypt, Total Crude Oil Production (MMBBLs), 2001-2008 12
Table 3: Egypt, Total Natural Gas Production (MMcf), 2001-2008 13
Table 4: Egypt, Total Crude Oil Production (MMBBLs), by Assets, 2001-2008 14
Table 5: Egypt, Total Natural Gas Production (MMcf), by Assets, 2001-2008 15
Table 6: Egypt, Total Crude Oil Production (MMBBLs), by Company, 2001-2008 16
Table 7: Egypt, Total Natural Gas Production (MMcf), by Company, 2001-2008 17
Table 8: Egypt, Crude Oil Production (Thousand Barrels), Forecast by Assets, 2009-2014 18
Table 9: Egypt, Natural Gas Production(MMcf), Forecast by Assets, 2009-2014 19
Table 10: Egypt, Forecasted Crude Oil Assets-wise Gross Revenue (000'$), 2009-2014 19
Table 11: Egypt, Forecasted Natural Gas Assets-wise Gross Revenue (000'$), 2009-2014 20
Table 12: Egypt, Projected Crude Oil Assets-wise Government Take (000'$), 2009-2014 20
Table 13: Egypt, Projected Natural Gas Assets-wise Government Take (000'$), 2009-2014 21
Table 14: Egypt, Projected Crude Oil Assets-wise Contractor Take (000'$), 2009-2014 21
Table 15: Egypt, Projected Natural Gas Assets-wise Contractor Take (000'$), 2009-2014 22
Table 16: Egypt, Oil Field Assets Details 22
Table 17: Egypt, Planned Oil Field Assets Details 22
Table 18: Egypt, Gas Field Assets Details 23
Table 19: Egypt, Total Active Exploration Blocks, 2001-2008 23
Table 20: Egypt, Exploration Active Blocks by Company, 2001-2008 24
Table 21: Egypt, Oil and Gas Exploration Details 26
Table 22: Petroliam Nasional Berhad (PETRONAS), Key Facts 29
Table 23: Petroliam Nasional Berhad (PETRONAS), SWOT Analysis 39
Table 24: Petroliam Nasional Berhad (PETRONAS), Revenue by Segment, USD Million, 2004-2008 43
Table 25: Petroliam Nasional Berhad (PETRONAS), Revenue by Geography, USD Million, 2004-2008 44
Table 26: Petroliam Nasional Berhad (PETRONAS), Financial Statements, USD Million, 2004-2008 45
Table 27: Petroliam Nasional Berhad (PETRONAS), Financial Ratios, USD Million, 2004-2008 46
Table 28: BG Group plc, Key Facts 47
Table 29: BG Group plc, SWOT Analysis 58
Table 30: BG Group plc, Revenue by Segment, GBP Million, 2003-2007 62
Table 31: BG Group plc, Revenue by Geography, GBP Million, 2003-2007 63
Table 32: BG Group plc, Financial Statements, GBP Million, 2003-2007 64
Table 33: BG Group plc, Financial Ratios, GBP Million, 2003-2007 65
Table 34: Eni S.p.A., Key Facts 66
Table 35: Eni S.p.A., SWOT Analysis 78
Table 36: Eni S.p.A., Revenue by Segment, Euro Million, 2003-2007 84
Table 37: Eni S.p.A., Revenue by Geography, Euro Million, 2003-2007 85
Table 38: Eni S.p.A., Financial Statements, Euro Million, 2003-2007 86
Table 39: Eni S.p.A., Financial Ratios, Euro Million, 2003-2007 87
Table 40: Oil Search Sells Oil Search (MENA) To Kuwait Energy 88
Table 41: Enel Forms Joint Venture With Egyptian Natural Gas Holding Company 89
Table 42: E.ON Ruhrgas Acquires 29% Interest In NW Demiatta Exploration Licence From Shell Egypt 90
Table 43: Sea Dragon Energy To Acquire Ras El Ush Concession From Dover Investments 91
Table 44: PetroVietnam Exploration Production To Acquire Stake In South Siwa Block In Egypt 92
Table 45: RWE Dea To Acquire 40% Equity Interest In South Mariut Block From El Paso 93
Table 46: El Paso To Acquire 40% Equity Interest In Tanta Block From RWE Dea 94
Table 47: EGPC To Farm Out Abu Qir Gas Field 95
Table 48: Edison To Sell 25% Stake In Gas Field To Electricite de France 96
Table 49: PetroVietnam Exploration Production To Acquire Majority Stake In Oil Block In Egypt 97
Table 50: Beach Petroleum Acquire Stake In North Shadwan Concession From Tri-Ocean 98
Table 51: ENI Sells Exploration And Production Assets To GDF SUEZ 99
Table 52: TransGlobe Acquires 25% Additional Interest In West Gharib Properties 100
Table 53: Beach Petroleum To Acquire Two Concessions From Santos 101
Table 54: Dana Petroleum To Acquire 40% Interest In South East July 102
Table 55: Mogul Energy International To Sell 20% Working Interest To Egypt Oil Holdings, Sea Dragon Energy And Dover Investments 103
Table 56: Oil Search Sells 30% Interest In Area A To Petrogas E&P 104

1.2 List of Figures
Figure 1: Egypt, Exploration and Production Assets Map, 2008 11
Figure 2: Egypt, Total Crude Oil Production (MMBBLs), 2001-2008 12
Figure 3: Egypt, Total Natural Gas Production (MMcf), 2001-2008 13
Figure 4: Petroliam Nasional Berhad (PETRONAS), Value Chain Analysis 35
Figure 5: BG Group plc, Value Chain Analysis 55
Figure 6: Eni S.p.A., Value Chain Analysis 74
Figure 7: GlobalData Methodology 125