Oil Market Outlook in Congo Brazzaville, 2010

Report 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 Congo Brazzaville. 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 crude oil assets (oil fields, refineries, pipelines and storage terminals) in Congo Brazzaville. The report compares the investment environment in Congo Brazzaville with other countries in the region. The profiles of the major companies operating in the crude oil sector in Congo Brazzaville 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 1996-2020.
• Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Congo Brazzaville for the period 2000-2013.
• Operator and equity details for major crude oil assets in Congo Brazzaville.
• Key information relating to market regulations, key energy assets and the key companies operating in the Congo Brazzaville’s energy industry.
• Information on the top companies in the Congo Brazzaville 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.
• Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
• 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.

Table Of Contents

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

2 Congo Brazzaville, Energy Sector 8
2.1 Congo Brazzaville Energy Sector, Market Overview 8
2.2 Congo Brazzaville Energy Sector, Crude Oil 8
2.2.1 Congo Brazzaville Crude Oil, Overview 8
2.2.2 Congo Brazzaville Crude Oil, Supply and Demand Balance 9
2.2.3 Congo Brazzaville Crude Oil, Regulatory Structure 14
2.2.4 Congo Brazzaville Crude Oil, Infrastructure 15

3 Congo Brazzaville of Oil Upstream Investment Environment Benchmarking 16
3.1 Introduction 16
3.2 The Overall Ranking 16
3.3 Upstream Fiscal Attractiveness 17
3.3.1 Maximum Government Take Index 18
3.3.2 Fiscal Flexibility 18
3.3.3 Maximum State Participation 19
3.3.4 Maximum Domestic Market Obligation 19
3.4 Oil Sector Performance 19
3.4.1 Exploration Activity 21
3.4.2 Oil Production 22
3.4.3 Oil Reserves 22
3.4.4 Oil Consumption 22
3.4.5 Refining Industry 23
3.5 Economic Performance 23
3.5.1 GDP Growth Index 25
3.5.2 FDI Confidence Index 25
3.5.3 Balance of Trade Index 25
3.6 Socio-Political Performance 25
3.6.1 Democracy Index 27
3.6.2 Governance Index 27

4 Congo Brazzaville Exploration and Production Sector 28
4.1 Congo Brazzaville Exploration and Production Sector, Country Snapshot 28
4.1.1 Congo Brazzaville Exploration and Production Sector, Key Data 28
4.2 Congo Brazzaville Exploration and Production Sector, Gross Crude Oil Production 28
4.2.1 Congo Brazzaville Exploration and Production Sector, Gross Crude Oil-Historical Production 28
4.2.2 Congo Brazzaville Exploration and Production Sector, Gross Crude Oil-Historical Production by Type 29
4.2.3 Congo Brazzaville Exploration and Production Sector, Gross Crude Oil Production by Assets 30
4.2.4 Congo Brazzaville Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 31
4.2.5 Congo Brazzaville Exploration and Production Oil Sector, Market Share based on Gross Equity Weighted Crude Oil Production 32
4.3 Congo Brazzaville Exploration and Production Sector, Gross Crude Oil Forecasts 33
4.3.1 Congo Brazzaville Exploration and Production Sector, Gross Crude Oil Forecasted Production 33
4.4 Congo Brazzaville Exploration And Production Sector, Crude Oil Asset Details 34
4.4.1 Congo Brazzaville Exploration And Production Sector, Active Crude Oil Asset Details 34
4.4.2 Congo Brazzaville Exploration and Production Sector, Planned Crude Oil Asset Details 35
4.5 Congo Brazzaville Exploration and Production Sector, Major Oil Discoveries 35
4.5.1 Congo Brazzaville Exploration and Production Sector, Number of Oil Discoveries, 2004- 2009 35
4.5.2 Congo Brazzaville Exploration And Production Sector, Oil Discovery Details 36
4.6 Congo Brazzaville Exploration And Production Sector, Drilling and Production Updates 36
4.6.1 May 19, 2010: Maurel & Prom Updates On Tanzania, Congo And Gabon Exploration 36
4.6.2 May 18, 2010: PA Resources Pumps First Oil From Third Production Well At Azurite Oilfield In Congo 37
4.6.3 Mar 29, 2010: PA Resources Provides Update On 2009 Reserves 37
4.6.4 Feb 12, 2010: Maurel & Prom To Plug And Abandon M'Bafou Well In Marine III Exploration Permit, Congo 38
4.6.5 Jan 18, 2010: PA Resources Provides Q4 2009 Production Update 38
4.6.6 Nov 07, 2009: Total To Increase Oil Production By 20% In Congo By End Of 2009 39
4.6.7 Oct 15, 2009: Perenco Starts Production From MOAB Platform At Emeraude Field, Republic Of Congo 39

5 Congo Brazzaville FPSO Industry 40
5.1 Congo Brazzaville FPSO Industry, FPSO Capacity Details by Vessel 40
5.2 Congo Brazzaville FPSO Industry, FPSO Vessel Specifications 40

6 Congo Brazzaville Pipeline Sector 41
6.1 Congo Brazzaville Pipeline Sector, Key Data 41
6.2 Congo Brazzaville Pipeline Sector, an Overview 41
6.3 Congo Brazzaville Pipeline Sector, Crude Oil Pipeline Companies 41
6.4 Congo Brazzaville Pipeline Sector, Crude Oil Pipelines 42

7 Congo Brazzaville Refining Sector 43
7.1 Congo Brazzaville, Refining Sector, Key Data 43
7.2 Congo Brazzaville, Refining Sector, An Overview 43
7.2.1 Congo Brazzaville Refining Sector, Total Refining Capacity 43
7.3 Congo Brazzaville Refining Sector, Crude Distillation Unit Capacity 44
7.4 Congo Brazzaville Refining Sector, Hydrocracking Capacity 45

8 Profile of Eni S.p.A. 46
8.1 Eni S.p.A., Key Information 46
8.2 Eni S.p.A., Company Overview 46
8.3 Eni S.p.A., Business Description 46
8.3.1 Business Overview 46
8.3.2 Engineering and Construction 47
8.3.3 Exploration & Production 47
8.3.4 Gas & Power 49
8.3.5 Petrochemicals 50
8.3.6 Refining and Marketing 50
8.4 Eni S.p.A., SWOT Analysis 52
8.4.1 Overview 52
8.4.2 Eni S.p.A. Strengths 52
8.4.3 Eni S.p.A. Weaknesses 53
8.4.4 Eni S.p.A. Opportunities 54
8.4.5 Eni S.p.A. Threats 55

9 Profile of TOTAL S.A. 57
9.1 TOTAL S.A., Key Information 57
9.2 TOTAL S.A., Company Overview 57
9.3 TOTAL S.A., Business Description 57
9.3.1 Business Overview 57
9.3.2 Chemicals 57
9.3.3 Downstream 58
9.3.4 Upstream 59
9.4 TOTAL S.A., SWOT Analysis 60
9.4.1 Overview 60
9.4.2 TOTAL S.A. Strengths 61
9.4.3 TOTAL S.A. Weaknesses 63
9.4.4 TOTAL S.A. Opportunities 63
9.4.5 TOTAL S.A. Threats 64

10 Profile of Exxon Mobil Corporation 66
10.1 Exxon Mobil Corporation, Key Information 66
10.2 Exxon Mobil Corporation, Company Overview 66
10.3 Exxon Mobil Corporation, Business Description 66
10.3.1 Business Overview 66
10.3.2 Chemical 66
10.3.3 Downstream 67
10.3.4 Upstream 69
10.4 Exxon Mobil Corporation, SWOT Analysis 70
10.4.1 Overview 70
10.4.2 Exxon Mobil Corporation Strengths 71
10.4.3 Exxon Mobil Corporation Weaknesses 72
10.4.4 Exxon Mobil Corporation Opportunities 73
10.4.5 Exxon Mobil Corporation Threats 74

11 Financial Deals Landscape 76
11.1 Detailed Deal Summary 76
11.1.1 Asset Transactions 76

12 Recent Developments 77
12.1 Other Significant Developments 77
12.1.1 Aug 27, 2010: Maurel & Prom Provides H1 2010 Operations Update 77
12.1.2 Feb 12, 2010: Eni Provides Q4 2009 Operations Update 79
12.1.3 Jan 27, 2010: Tullow Oil Provides Operations Update 80
12.1.4 Jan 20, 2010: SOCO International Provides Operations Update 82
12.1.5 Jan 20, 2010: Lundin Petroleum Announces Capital Expenditure Budget Of $540 Million In 2010 85
12.1.6 Jan 13, 2010: EnerGulf Resources Provides Projects Update 85
12.1.7 Nov 23, 2009: SOCO International Appraisal Well Tests Viodo Discovery, Offshore Congo 87
12.1.8 Nov 19, 2009: Maurel & Prom Provides Operations Update 87
12.1.9 Oct 09, 2009: PA Resources Provides Q3 2009 Production And Sales Update 88

13 Appendix 89
13.1 Methodology 89
13.1.1 Coverage 89
13.1.2 Secondary Research 90
13.1.3 Primary Research 90
13.1.4 Midstream Forecasts 91
13.1.5 Expert Panel Validation 91
13.2 Contact Us 92
13.3 About the Publisher 92
13.4 Disclaimer 92

List of Tables

Table 1: Congo Brazzaville , Historic and Forecast Production and Consumption of Crude Oil, 1996-2020 9
Table 2: Congo Brazzaville , Historic and Forecast Exports of Crude Oil, 1996-2020 11
Table 3: Congo Brazzaville , Historic Reserves of Crude Oil, 1996-2009 13
Table 4: West Africa, Investment Benchmarking, Overall Country Rankings, July 2010 16
Table 5: West Africa, Investment Benchmarking, Upstream Fiscal Attractiveness, July 2010 17
Table 6: West Africa, Investment Benchmarking, Oil Sector Performance, July 2010 19
Table 7: West Africa, Investment Benchmarking, Economic Performance, July 2010 23
Table 8: West Africa, Country Standings, Economic Performance, July 2010 24
Table 9: West Africa, Investment Benchmarking, Socio-Political Performance, July 2010 25
Table 10: West Africa, Country Standings, Socio-Political Performance, July 2010 26
Table 11: Congo Brazzaville, Crude Oil Key Statistics, 2009 28
Table 12: Congo Brazzaville, Total Gross Crude Oil Production (MMBBLs), 2002-2009 28
Table 13: Congo Brazzaville, Gross Crude Oil Production (MMBBLs) by Type, 2002- 2009 29
Table 14: Congo Brazzaville, Gross Crude Oil Production (MMBBLs), by Assets, 2002-2009 30
Table 15: Congo Brazzaville, Gross Equity Weighted Crude Oil Production by Company (MMBBLs), 2002-2009 31
Table 16: Congo Brazzaville, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2002-2009 32
Table 17: Congo Brazzaville, Gross Crude Oil Production (MMBBLs), Forecast by Assets, 2010- 2015 33
Table 18: Congo Brazzaville, Active Oil Field Asset Details 34
Table 19: Congo Brazzaville, Planned Oil Field Asset Details 35
Table 20: Congo Brazzaville, Number of Oil Discoveries, 2004-2009 35
Table 21: Congo Brazzaville, Oil Discovery Details, 2004-2009 36
Table 22: Congo Brazzaville FPSO Industry, FPSO Oil Production Capacities, 2009 40
Table 23: Congo Brazzaville FPSO Industry, FPSO Vessel Specifications, 2009 40
Table 24: Congo Brazzaville Pipeline Key Statistics, 2009 41
Table 25: Congo Brazzaville, Crude Oil Pipeline Length by Company (Km), 2009 41
Table 26: Congo Brazzaville, Crude Oil Pipelines, 2009 42
Table 27: Congo Brazzaville Refinery Key Statistics, 2009 43
Table 28: Congo Brazzaville, Total Refining Capacity (MMTPA), 2000- 2013 43
Table 29: Congo Brazzaville, Crude Distillation Unit Capacity In (MMTPA), 2000-2013 44
Table 30: Congo Brazzaville, Hydrocracking Unit Capacity (MMTPA), 2000-2013 45
Table 31: Eni S.p.A., Key Facts 46
Table 32: Eni S.p.A., SWOT Analysis 52
Table 33: TOTAL S.A., Key Facts 57
Table 34: TOTAL S.A., SWOT Analysis 61
Table 35: Exxon Mobil Corporation, Key Facts 66
Table 36: Exxon Mobil Corporation, SWOT Analysis 71
Table 37: Soco International Plans To Sell Its Interest In Nganzi Oil Block 76

List of Figures

Figure 1: Congo Brazzaville, Energy Sector Split By Fuel Type, 2009 8
Figure 2: Congo Brazzaville, Crude Oil Production And Consumption (Thousand Barrels Per Day), 1996-2020 10
Figure 3: Congo Brazzaville, Crude Oil Exports (Thousand Barrels Per Day), 1996-2020 12
Figure 4: Congo Brazzaville, Crude Oil Reserves (Million Barrels), 1996-2009 14
Figure 5: West Africa, Country Standings, Upstream Fiscal Attractiveness, July 2010 18
Figure 6: West Africa, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, July 2010 20
Figure 7: West Africa, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, July 2010 21
Figure 8: West Africa, Country Standings, Exploration Blocks Awarded, July 2010 22
Figure 9: West Africa, Country Standings, Economic Performance, July 2010 24
Figure 10: West Africa, Country Standings, Socio-Political Performance, July 2010 26
Figure 11: Congo Brazzaville, Total Gross Crude Oil Production (MMBBLs), 2002-2009 28
Figure 12: Congo Brazzaville, Gross Crude Oil Production (MMBBLs) by Type, 2002-2009 29
Figure 13: Congo Brazzaville, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2002-2009 31
Figure 14: Congo Brazzaville, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2009 32
Figure 15: Congo Brazzaville, Number of Oil Discoveries, 2004- 2009 35
Figure 16: Congo Brazzaville, Total Refining Capacity (MMTPA), 2000- 2013 44