• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
The Changing Face of National Oil Companies (NOCs): NOC and State Strategies Driving Internationalization - Product Image

The Changing Face of National Oil Companies (NOCs): NOC and State Strategies Driving Internationalization

  • ID: 1088417
  • September 2009
  • 117 Pages
  • GlobalData

FEATURED COMPANIES

  • BP Plc
  • ExxonMobil
  • Royal Dutch Shell
  • MORE

The Changing Face of National Oil Companies (NOCs): NOC and State, Strategies Driving Internationalization provides detailed analysis of national oil companies across the value chain detailing the role and position of the NOCs in each segment of the value chain, also detailing the major planned projects by NOCs, both domestic and international. It also provides a comparison between the national oil companies and the major private international oil companies across various operational parameters. The report discusses the major strategies adopted by the NOCs in order to achieve a sustained growth and further expand their operations internationally. In addition, it covers the major M&A activities undertaken by the NOCs over the past five years leading to internationalization of operations. Key opportunities for the NOCs for future growth are also discussed.

National oil companies are becomingly increasingly active in each segment of the crude oil and natural gas value chain. The NOCs dominate the upstream industry, are fast expanding their operations in both midstream and downstream industry and are also actively participating in the global M&A activities. The NOCs are READ MORE >

FEATURED COMPANIES

  • BP Plc
  • ExxonMobil
  • Royal Dutch Shell
  • MORE

1 Table of contents
1.1 List of Tables
1.2 List of Figures

2 Introduction
2.1 GlobalData Report Guidance

3 The Role Of National Oil Companies In The Energy Market
3.1 The National Oil Companies Dominate the Upstream Sector and their International Operations are Primarily Driven by Domestic Oil and Gas Reserves
3.2 The Increasing Role of NOCs in the Global Midstream and Downstream Industry
3.3 The Increasing Resource Nationalization
3.4 NOCs Increasing their Participation in Merger and Acquisition Activities
3.5 IOCs will Find it Difficult to Increase their Reserves Base without Entering into Partnership with NOCs
3.6 NOCs Comfortably Positioned to Pose Strong Growth in Comparison to IOCs

4 The National Oil Companies Dominate the Upstream Oil and Gas Industry
4.1 Global Oil and Gas Industry, Competitive Overview
4.1.1 Global Oil and Gas Industry, Top 25 Companies by Reserves, 2008
4.1.2 Global Oil and Gas Industry, Top 25 Companies by Production, 2008
4.2 National Oil Companies, Overview
4.2.1 Major NOCs by Reserves, 2008
4.2.2 Major NOCs by Production, 2008
4.3 Major International Oil Companies, Overview
4.3.1 Major IOCs by Reserves, 2008
4.3.2 Major IOCs by Production, 2008
4.4 The National Oil Companies Controlling the Global Upstream Industry
4.4.1 Share of NOCs in the Global Oil and Gas Supply, 2008
4.4.2 Share of NOCs in Domestic Country Production, 2008
4.5 Future of the Global E&P Sector with the Growing Role of NOCs

5 The NOCs Expanding Their Presence in the Global Midstream and Downstream Industry
5.1 National Oil Companies: Playing a Prominent Role in the World Pipeline Industry
5.1.1 World Pipeline Industry: Competitive Landscape, 2008
5.1.2 Major National Oil Companies in World Pipeline Industry, 2008
5.2 National Oil Companies: Expanding their Presence in the Global LNG Industry
5.2.1 LNG Liquefaction Industry: Competitive Landscape, 2008
5.2.2 Major National Oil Companies in the LNG Liquefaction Industry, 2008
5.2.3 National Oil Companies: Major Planned Expansion in LNG Liquefaction Capacity, 2009-15
5.2.4 LNG Regasification Industry: Competitive Landscape, 2008
5.2.5 Major National Oil Companies in LNG Regasification Industry
5.2.6 National Oil Companies: Planned Expansion in LNG Regasification Capacity, 2008-15
5.3 Major Investment in Storage Facilities from NOCs will drive the Storage Industry to 2015
5.3.1 Oil Storage Industry: Competitive Landscape, 2008
5.3.2 Oil Storage Industry: Major NOCs, 2008
5.3.3 National Oil Companies: Major Planned Expansion in Oil Storage Capacity, 2009-15
5.3.4 Underground Gas Storage Industry: Competitive Landscape, 2008
5.4 National Oil Companies Will Drive the Growth of Refining Industry to 2015
5.4.1 World Refining Industry, Competitive Landscape, 2008
5.4.2 World Refining Industry: Major National Oil Companies, 2008
5.4.3 National Oil Companies: Planned Expansion in Refining Capacity, 2009-15
5.5 Major Planned Midstream and Downstream Projects by NOC, 2009-15
5.5.1 Major Pipeline Projects by NOCs, 2009-15
5.5.2 Major LNG Projects by NOCs, 2009-15.
5.5.3 Major Refineries by NOCs, 2009-15
5.6 The Changing Face of the World Midstream and Downstream Industry in the Backdrop of Growing Investments by NOCs

6 The Increasing Resource Nationalization Guarantees The Growing Role Of NOCs In Energy Market
6.1 Resources Nationalization in Middle East Countries
6.2 The Emergence of Nationalization in South American Countries
6.2.1 Venezuela and Bolivia lead the Nationalization Process in the Region
6.2.2 Brazil’s new proposed legislation for the oil and gas industry: Strengthening the role of NOC in Domestic Upstream sector
6.3 Nigeria’s New Petroleum Industry Bill will Provide Boost to NNPC’s Operations

7 NOCs: Playing An Important Role in Global Mergers And Acquisitions
7.1 The Increased Participation of NOCs in Global Mergers & Acquisitions
7.1.1 Global Oil and Gas Industry, M&A Activity of NOCs, 2004- July 09
7.2 M&A Activity by National Oil Companies: Analysis by Region
7.2.1 Major Deals by NOCs in Asia Pacific 2004-July 09
7.2.2 Major Deals by NOCs in the Middle East and Africa 2004- July 09
7.2.3 Major Deals by NOCs in South and Central America 2004- July 09
7.2.4 Major Deals by NOCs in Europe, 2004- July 09
7.2.5 Major Deals by NOCs in North America, 2004- July 09

8 Changing Role Of NOCs In The Energy Market: Major Strategies Adopted
8.1 National Oil Companies Investing Heavily to Develop the Domestic Oil and Gas Industry
8.2 Vertical Integration of Operations across the Value will Strengthen National Oil Companies Position in the World Energy Market
8.3 Rapidly Increasing Energy Demand has Significantly Increased the M&A Activities of Resource Poor National Oil Companies
8.4 Collaborating With Each Other is Becoming an Attractive Option for the National Oil Companies

9 Comparative Analysis Of National Oil Companies And The International Oil Companies
9.1 World Oil and Gas Reserves, Comparison of National Oil Companies and International Oil Companies
9.1.1 Crude Oil Reserves, National Oil Companies Compared To International Oil Companies, 2008
9.1.2 Natural Gas Reserves, National Oil Companies Compared To International Oil Companies, 2008
9.2 World Oil and Gas Production, Comparison of National Oil Companies and International Oil Companies
9.2.1 Crude Oil Production, National Oil Companies Compared To International Oil Companies, 2008
9.2.2 Natural Gas Production, National Oil Companies Compared To International Oil Companies, 2008
9.3 International Oil Majors and Listed NOC: Performance Metrics
9.3.1 Oil and Gas Reserves and Production, 2008
9.3.2 Reserves by Production Ratio, 2008
9.3.3 Total Cost Incurred, 2008
9.3.4 Revenue from Upstream Oil & Gas Operations, 2008
9.3.5 Oil & Gas Revenue per Boe, 2008
9.4 Major International and Independent Oil Companies versus the National Oil Companies: Total E&P Spending, 2008
9.5 Challenges for NOCs In Future
9.5.1 Huge Investment Requirements to Develop the Upstream industry
9.5.2 National Priorities May Hinder the Development of NOCs
9.6 The Challenges for the IOCs In Future
9.6.1 Limited Access to Oil and Gas Resources
9.6.2 The Rise of the Oil Field Services Companies
9.7 Future Prospects For NOCs In The World Energy Market
9.7.1 NOCs will lead the Investments in the Energy Sector during 2009-15
9.8 NOCs Dealing with National Priorities and Moving towards Internationalization
9.9 Greater Partnerships with Oil Field Service Companies Will Further Strengthen the Position of National Oil Companies
9.10 E&P Joint Venture with IOCs Offer a Win-Win Position to both IOCs and NOCs
9.11 The National Oil Companies Making Their Mark in the Unconventional Oil and Gas Industry

10 Appendix
10.1 Market Definitions
10.1.1 Oil and Gas Reserves
10.1.2 Oil and Gas Reserve/Production Ratio
10.1.3 Oil & Gas Revenue
10.1.4 Total Revenue per boe
10.2 Abbreviations
10.3 Methodology
10.3.1 Coverage
10.3.2 Secondary Research
10.3.3 Primary Research
10.3.4 Expert Panel Validation.
10.4 Contact Us
10.5 Disclaimer

List of Tables

Table 1: Major National Oil Companies, Rank in Oil and Gas Reserves and Production, 2008
Table 2: World, Top 25 Companies By Oil and Gas Reserves, 2008
Table 3: World, Top 25 Companies By Total Oil and Gas Production, 2008
Table 4: Major National Oil Companies by Oil and Gas Reserves, 2008
Table 5: Major National Oil Companies by Oil and Gas Production, 2008
Table 6: Top 20 International Oil Companies by Total Oil and Gas Reserves, 2008
Table 7: Top 20 International Oil Companies by Total Oil and Natural Gas Production, 2008
Table 8: Percentage Share of Major NOCs in Domestic Crude Oil Production, 2008
Table 9: Percentage Share of Major NOCs in Domestic Gas Production, 2008
Table 10: Crude Oil Pipeline Industry, Top 20 Players, 2008
Table 11: Natural Gas Pipeline Industry, Top 20 Players, 2008
Table 12: Crude Oil Pipeline Industry, Top 20 National Oil companies, 2008
Table 13: Natural Gas Pipeline Industry, Top 10 National Oil Companies, 2008
Table 14: LNG Liquefaction Industry, Top 20 Players, 2008
Table 15: Global LNG Liquefaction Industry, Top 15 National Oil Companies in terms of Capacity, 2008
Table 16: Major National Oil Companies, LNG Liquefaction Capacity Expansion, 2009-15
Table 17: LNG Regasification Industry, Top 20 Players, 2008
Table 18: LNG Regasification Industry, Major National Oil Companies, 2008
Table 19: Major National Oil Companies, LNG Regasification Capacity Expansion, 2009-15
Table 20: Crude Oil Storage Industry, Top 20 Players In Terms Of Capacity, 2008
Table 21: Global Oil Storage Industry, Top 15 NOCs by Storage Capacity, 2008
Table 22: Oil Storage Industry, Major Capacity Expansion Planned by NOCs, 2009-15
Table 23: National Oil Companies, Major Planned Crude Oil Storage Terminals, 2009-15
Table 24: Underground Gas Storage Industry, Top 20 Players by Working Gas Capacity, 2008
Table 25: World Refining Industry, Top 20 Players by Capacity, 2008
Table 26: World Refining Industry, Top 15 National Oil Companies, 2008
Table 27: World Refining Industry, Top 20 Players, 2015
Table 28: National Oil Companies, Increase in Refining Capacity , 2008-15
Table 29: Major Planned Gas Pipeline Projects by National Oil Companies, 2009-15
Table 30: Major Planned LNG Liquefaction and Regasification Terminals by NOCs, 2009-15
Table 31: Major Planned Refineries by National Oil Companies, 2009-15
Table 32: Top 25 M&A and Asset Transactions Deals, 2004-July 09
Table 33: Top 25 M&A and Asset Transactions Deals, 2004-July 09
Table 34: Top 20 Deals by National Oil Companies in Asia Pacific Region, 2004- July 2009
Table 35: Top 20 Deals by National Oil Companies in Middle East and Africa Region, 2004- July 2009
Table 36: Top 20 Deals by National Oil Companies in South and Central America , 2004- July 2009
Table 37: Top 20 Deals by National Oil Companies in Europe , 2004- July 2009
Table 38: Top Deals by National Oil Companies in North America, 2004- July 2009
Table 39: Major Integrated National Oil Companies, Level of Integration Across the Value Chain, 2008-15
Table 40: Chinese National Oil Companies, Major Deals, 2003-July 2009
Table 41: Indian National Oil Companies, Major Deals, 2003-July 2009
Table 42: National Oil Companies, Major Joint Ventures Incorporated, 2008 to July 2009
Table 43: National Oil Companies, Major Joint Ventures Incorporated, 2008 to July 2009
Table 44: China’s Loan for Oil Agreements, 2009
Table 45: Major Listed NOCs and International Majors, Comparative Performance Metrics (1/2), 2008
Table 45: Major Listed NOCs and International Majors, Comparative Performance Metrics (2/2), 2008
Table 46: Major IOCs and Major Listed NOCs, R/P Ratios, 2008
Table 47: Major IOCs and Major Listed NOCs, Total Cost Incurred, 2008
Table 48: Major IOCs and Major Listed NOCs, Total Revenue from Oil and Gas Operations, 2008
Table 49: Major IOCs and Major Listed NOCs, Oil & Gas Revenue per boe, 2008
Table 50: World, Major Oil and Gas Companies, Total E&P Spending, 2008
Table 51: Major National Oil Companies, Planned Capital Expenditure 2009
Table 52: National Oil Companies, Unconventional Oil and Gas Assets Deals, 2009

FEATURED COMPANIES

  • BP Plc
  • ExxonMobil
  • Royal Dutch Shell
  • MORE

The Changing Face of National Oil Companies (NOCs): NOC and State Strategies Driving Internationalization

GlobalData’s new report “The Changing Face of National Oil Companies (NOCs): NOC and State Strategies Driving Internationalization” provides a detailed analysis of national oil companies across the value chain. The report analyzes the current and future position of national oil companies in the world energy industry. It details the major strategies adopted by the NOCs and the state governments in transforming NOCs into international oil and gas companies. The report covers the role and position of the NOCs in each segment of the value chain, also detailing the major planned projects by NOCs, both domestic and international. It also provides a comparison between the national oil companies and the major private international oil companies across various operational parameters. In addition, it also covers the major M&A activities undertaken by the NOCs over the past five years leading to internationalization of operations. Key opportunities for NOCs for future growth are also discussed in the report.

National Oil Companies will Drive Investments in the Oil and Gas Sector in the Next Five Years

National oil companies (NOCs) of major resource holding countries driven by the aim of developing domestic oil and gas reserves will account for a major part of the investments in the oil and gas sector during the next five years. Major oil and gas producing national oil companies have announced huge investment programs for the next five years, a major part of the investment being diverted towards the development of the country’s oil and gas sector. Six major NOCs namely Petrobras, PDVSA, Kuwait Petroleum Corporation, Sonatrach, Saudi Aramco and National Oil Corporation will together invest over $540 billion in the energy sector over the next five years.

During 2009 too, most of the major NOCs have announced that they will continue with their spending plans despite the global financial crisis. The top 25 national oil companies will together spend over $261 billion in oil and gas sector during 2009. In comparison, the top 25 international oil companies (IOCs) have a planned capex of approximately $235 billion for 2009.

The NOCs will play an increasingly important role in oil and gas investments in future years and in the development of domestic oil and gas industry and also in the expansion of their operations internationally.

- ExxonMobil
- BP Plc
- Royal Dutch Shell

Note: Product cover images may vary from those shown

RELATED PRODUCTS

Our Clients

Our clients' logos