Ecuador Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020

Ecuador Oil 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 the oil industry in Ecuador. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for the industry. It also provides information relating to the oil assets (oil fields, refineries, pipelines and storage terminals) in Ecuador. The report also analyses the fiscal regime relevant to the oil assets in Ecuador and compares the investment environment in Ecuador with other countries in the region. The profiles of the major companies operating in the oil sector in Ecuador 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 the oil industry for the period 1995-2020.
- Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Ecuador Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 for the period 1995-2020.
- Operator and equity details for major oil assets in Ecuador Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020
- Key information relating to market regulations, key energy assets and the key companies operating in the Ecuador Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020’s oil 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 Ecuador Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 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 oil 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 oil assets.
- Assess your competitor’s major crude oil assets and their performance.
- Analyze the latest news and financial deals in the oil 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 8
1.2 List of Figures 10
2 Ecuador Energy Sector 11
2.1 Ecuador Energy Sector, Market Overview 11
2.2 Ecuador Energy Sector, Crude Oil 12
2.2.1 Ecuador Crude Oil, Overview 12
2.2.2 Ecuador Crude Oil, Supply and Demand Balance 12
2.2.3 Ecuador Crude Oil, Regulatory Structure 18
2.2.4 Ecuador Crude Oil, Infrastructure 19
3 Ecuador Fiscal Regime 21
3.1 Ecuador Petroleum Fiscal Environment 21
3.2 License Terms 21
3.3 Key Fiscal Terms 22
3.4 Sample Cashflows Calculations 24
4 Ecuador Oil Upstream Investment Environment Benchmarking 25
4.1 Introduction 25
4.2 The Overall Ranking 25
4.3 Upstream Fiscal Attractiveness 26
4.3.1 Maximum Government Take Index 27
4.3.2 Maximum State Participation Index 27
4.3.3 Domestic Market Obligation Index 27
4.4 Oil Sector Performance 28
4.4.1 Exploration Activity 30
4.4.2 Oil Production 31
4.4.3 Oil Reserves 31
4.4.4 Oil Consumption 32
4.4.5 Refining Industry 32
4.5 Economic Performance 32
4.5.1 GDP Growth Index 34
4.5.2 FDI Confidence Index 34
4.5.3 Balance of Trade Index 35
4.6 Socio-Political Performance 35
4.6.1 Democracy Index 37
4.6.2 Governance Index 37
5 Ecuador Exploration and Production Sector 38
5.1 Ecuador Exploration and Production Sector, Country Snapshot 38
5.1.1 Ecuador Exploration and Production Sector, Key Data 38
5.1.2 Ecuador Exploration and Production Sector, Crude Oil Assets Map 38
5.2 Ecuador Exploration and Production Sector, Gross Crude Oil Production 39
5.2.1 Ecuador Exploration and Production Sector, Gross Crude Oil-Historical Production 39
5.2.2 Ecuador Exploration and Production Sector, Gross Crude Oil Production by Assets 40
5.2.3 Ecuador Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 42
5.2.4 Ecuador Exploration and Production Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 44
5.3 Ecuador Exploration and Production Sector, Gross Crude Oil Forecasts 46
5.3.1 Ecuador Exploration and Production Sector, Gross Crude Oil Forecasted Production 46
5.4 Ecuador Exploration And Production Sector, Crude Oil Asset Details 48
5.4.1 Ecuador Exploration And Production Sector, Active Crude Oil Asset Details 48
5.4.2 Ecuador Exploration And Production Sector, Planned Crude Oil Asset Details 51
6 Ecuador Pipeline Sector 52
6.1 Ecuador Pipeline Sector, Key Data 52
6.2 Ecuador Pipeline Sector, An Overview 52
6.3 Ecuador Pipeline Sector, Comparision of Key Crude Oil Pipeline Companies 53
6.4 Ecuador Pipeline Sector, Comparision of Key Petroleum Product Pipeline Companies 54
6.5 Ecuador Pipeline Sector, Crude Oil Pipelines 54
6.6 Ecuador Pipeline Sector, Petroleum Product Pipelines 55
7 Ecuador Refining Sector 56
7.1 Ecuador Refining Sector, Key Data 56
7.2 Ecuador Refining Sector, An Overview 56
7.2.1 Ecuador Refining Sector, Total Refining Capacity 56
7.3 Ecuador Refining Sector, Capacity- Wise Market Share by Company 57
7.4 Ecuador Refining Sector, Crude Distillation Unit Capacity 58
7.5 Ecuador Refining Sector, Fluid Catalytic Cracking Capacity 58
8 Ecuador Oil and Chemicals Storage Sector 59
8.1 Ecuador Oil and Chemicals Storage Sector, Key Data 59
8.2 Ecuador Oil and Chemicals Storage Sector, An Overview 59
8.2.1 Ecuador Oil and Chemicals Storage Sector, Total Storage Capacity 59
8.3 Ecuador Oil and Chemicals Storage Sector, Capacity- Wise Market Share by Company 60
8.4 Ecuador Oil and Chemicals Storage Sector, Storage Capacity 62
9 Profile of PetroEcuador 63
9.1 PetroEcuador, Key Information 63
9.2 PetroEcuador, Company Overview 63
9.3 PetroEcuador, Business Description 63
9.3.1 PetroEcuador, Business Description, Business Overview 63
9.3.2 PetroEcuador, Business Description, Major Products and Services 64
9.4 PetroEcuador, SWOT Analysis 65
9.4.1 PetroEcuador, SWOT Analysis, Overview 65
9.4.2 PetroEcuador, SWOT Analysis, Strengths 65
9.4.3 PetroEcuador, SWOT Analysis, Weaknesses 66
9.4.4 PetroEcuador, SWOT Analysis, Opportunities 67
9.4.5 PetroEcuador, SWOT Analysis, Threats 67
10 Profile of Repsol YPF, S.A 69
10.1 Repsol YPF, S.A, Key Information 69
10.2 Repsol YPF, S.A, Company Overview 69
10.3 Repsol YPF, S.A, Business Description 69
10.3.1 Repsol YPF, S.A, Business Description, Business Overview 69
10.3.2 Repsol YPF, S.A, Business Description, Chemicals Segment 70
10.3.3 Repsol YPF, S.A, Business Description, Exploration and Production Segment 71
10.3.4 Repsol YPF, S.A, Business Description, Gas and Power Segment 73
10.3.5 Repsol YPF, S.A, Business Description, Refining and Marketing Segment 74
10.3.6 Repsol YPF, S.A, Business Description, Major Products and Services 75
10.4 Repsol YPF, S.A, Value Chain Analysis 77
10.4.1 Repsol YPF, S.A, Value Chain Analysis, Upstream 77
10.4.2 Repsol YPF, S.A, Value Chain Analysis, Midstream 78
10.4.3 Repsol YPF, S.A, Value Chain Analysis, Downstream 79
10.4.4 Repsol YPF, S.A, Value Chain Analysis, Retail 79
10.5 Repsol YPF, S.A, SWOT Analysis 80
10.5.1 Repsol YPF, S.A, SWOT Analysis, Overview 80
10.5.2 Repsol YPF, S.A, SWOT Analysis, Strengths 81
10.5.3 Repsol YPF, S.A, SWOT Analysis, Weaknesses 82
10.5.4 Repsol YPF, S.A, SWOT Analysis, Opportunities 82
10.5.5 Repsol YPF, S.A, SWOT Analysis, Threats 84
10.6 Repsol YPF, S.A, Revenue Analysis 85
10.6.1 Repsol YPF, S.A, Revenue by Segment 85
10.6.2 Repsol YPF, S.A, Revenue by Geography 86
10.7 Repsol YPF, S.A, Financial and Operational Review 87
10.7.1 Financial Statements 87
10.7.2 Financial Ratios 88
11 Profile Of Eni S.p.A. 89
11.1 Eni S.p.A., Key Facts 89
11.2 Eni S.p.A., Company Overview 89
11.3 Eni S.p.A., Business Description 89
11.3.1 Eni S.p.A., Business Description, Business Overview 89
11.3.2 Eni S.p.A., Business Description, Engineering and Construction 90
11.3.3 Eni S.p.A., Business Description, Exploration & Production 91
11.3.4 Eni S.p.A., Business Description, Gas & Power 92
11.3.5 Eni S.p.A., Business Description, Others 94
11.3.6 Eni S.p.A., Business Description, Petrochemicals 94
11.3.7 Eni S.p.A., Business Description, Refining and Marketing 95
11.4 Eni S.p.A., Value Chain Analysis 97
11.4.1 Eni S.p.A., Value Chain Analysis, Upstream 97
11.4.2 Eni S.p.A., Value Chain Analysis, Midstream 98
11.4.3 Eni S.p.A., Value Chain Analysis, Downstream 99
11.4.4 Eni S.p.A., Value Chain Analysis, Retail 100
11.5 Eni S.p.A., SWOT Analysis 100
11.5.1 Eni S.p.A., SWOT Analysis, Overview 100
11.5.2 Eni S.p.A., SWOT Analysis, Strengths 101
11.5.3 Eni S.p.A., SWOT Analysis, Weaknesses 103
11.5.4 Eni S.p.A., SWOT Analysis, Opportunities 104
11.5.5 Eni S.p.A., SWOT Analysis, Threats 105
11.6 Eni S.p.A., Revenue Analysis 107
11.6.1 Eni S.p.A., Revenue by Segment 107
11.6.2 Eni S.p.A., Revenue by Geography 108
11.7 Eni S.p.A., Financial and Operational Review 110
11.7.1 Financial Statements 110
11.7.2 Financial Ratios 111
12 Financial Deals Landscape 112
12.1 Detailed Deal Summary 112
12.1.1 Partnerships 112
12.1.2 Asset Transactions 113
13 Recent Developments 115
13.1 License Awards 115
13.1.1 Nov 06, 2008: Repsol Signs Preliminary Agreement With Ecuador 115
13.1.2 Oct 20, 2008: Petrobras And Ecuador Extend Agreement 116
13.1.3 Jul 22, 2008: OVL Gears Up To Bid For Ecuador Blocks 116
13.2 Strategy and Business Expansion 117
13.2.1 Nov 03, 2008: Repsol Plans Talks With Ecuador To Save Its Oil Contract In The Nation 117
13.2.2 Oct 31, 2008: PESA Signs Modification Agreements With Ecuador 118
13.2.3 Aug 19, 2008: Ivanhoe In Discussions With Ecuador’s National Oil Company On Development Of Pungarayacu Oil Field 118
13.3 Recent Discoveries 119
13.3.1 Mar 23, 2009: Petroecuador Discovers Oil Field At Amazonian Province Of Sucumbios In Ecuador 119
13.4 Drilling and Production Updates 119
13.4.1 Dec 27, 2008: Ecuador To Suspend Oil Production And Decrease Quotas 119
13.4.2 Jul 17, 2008: PDVSA Drills Three Wells In Ecuador 119
13.5 Other Significant Developments 120
13.5.1 Apr 03, 2009: Petroecuador Invites Companies To Develop Three Oilfields In Amazonas Region 120
13.5.2 Mar 31, 2009: Petroamazonas Plans To Drill Four Oil Blocks In Ecuador 120
13.5.3 Mar 27, 2009: Ecuador To Decrease Oil Output By 8% Under OPEC Quotas 121
13.5.4 Mar 13, 2009: Repsol To Invest $174 Million In Ecuador 122
13.5.5 Mar 04, 2009: Perenco's 70% Oil Output To Be Seized By Ecuador 122
13.6 New Contracts Announcements 122
13.6.1 Mar 26, 2009: CB&I Receives $50 Million Contract From Flota Petrolera 122
13.6.2 Aug 09, 2008: Repsol And Ecuador To Negotiate New Oil Contract 123
13.6.3 Aug 07, 2008: Petrobras Agrees To New Service Contract With Ecuador 123
14 Appendix 124
14.1 Methodology 124
14.1.1 Coverage 125
14.1.2 Secondary Research 126
14.1.3 Primary Research 126
14.1.4 E&P Forecasts 126
14.1.5 Midstream Forecasts 128
14.1.6 Expert Panel Validation 128
14.2 Contact Us 128
14.3 About GlobalData 129
14.4 Disclaimer 129