-
Electronic (PDF)
-
Site License
-
Enterprisewide
Italy Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020
GlobalData, March 2009, Pages: 177
Italy 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 Italy. 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 Italy. The report also analyses the fiscal regime relevant to the natural gas assets in Italy and compares the investment environment in Italy with other countries in the region. The profiles of the major companies operating in the natural gas sector in Italy 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 Italy for the period 1995-2020.
-Operator and equity details for major natural gas assets in Italy
-Key information relating to market regulations, key energy assets and the key companies operating in the Italy’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 Italy 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 8
1.2 List of Figures 10
2 Italy Energy Sector 11
2.1 Italy Energy sector, Market Overview 11
2.2 Italy Energy Sector, Natural Gas 12
2.2.1 Italy Natural Gas, Overview 12
2.2.2 Italy Natural Gas, Supply and Demand Balance 12
2.2.3 Italy Natural Gas, Regulatory Structure 18
2.2.4 Italy Natural Gas, Infrastructure 18
3 Italy Fiscal Regime 20
3.1 Italy Petroleum Fiscal Environment 20
3.2 License Terms 21
3.3 Key Fiscal Terms 21
3.4 Sample Cashflows Calculations 23
4 Italy Gas Upstream Investment Environment Benchmarking 24
4.1 Introduction 24
4.2 The Overall Ranking 24
4.3 Upstream Fiscal Attractiveness 25
4.3.1 Maximum Government Take Index 26
4.3.2 Maximum State Participation 26
4.4 Gas Sector Performance 27
4.4.1 Exploration Activity 29
4.4.2 Gas Production 30
4.4.3 Gas Reserves 30
4.4.4 Consumption 30
4.5 Economic Performance 31
4.5.1 GDP Growth Index 32
4.5.2 FDI Confidence Index 32
4.5.3 Balance of Trade Index 33
4.6 Socio-Political Performance 33
5 Italy Exploration and Production Sector 36
5.1 Italy Exploration and Production Sector, Country Snapshot 36
5.1.1 Italy Exploration and Production Sector, Key Data 36
5.1.2 Italy, Exploration And Production Assets Map 37
5.2 Italy Exploration and Production Sector, Marketed Natural Gas Production 38
5.2.1 Italy Exploration and Production Sector, Marketed Natural Gas-Historical Production 38
5.2.2 Italy Exploration and Production Sector, Marketed Natural Gas Production by Assets 39
5.2.3 Italy Exploration and Production Sector, Marketed Equity Weighted Natural Gas Production by Company 39
5.2.4 Italy Exploration and Production Sector, Market Share based on Marketed Natural Gas Production 40
5.3 Italy Exploration and Production Sector, Marketed Natural Gas Forecasts 42
5.3.1 Italy Exploration and Production Sector, Marketed Natural Gas Forecasted Production 42
5.3.2 Italy Exploration and Production Sector, Gross Revenue Forecast 42
5.3.3 Italy Exploration and Production Sector, Government Take Forecast 43
5.3.4 Italy Exploration and Production Sector, Contractor Take Forecast 43
5.4 Italy Exploration And Production Sector, Natural Gas Asset Details 44
5.4.1 Italy Exploration And Production Sector, Active Natural Gas Asset Details 44
5.4.2 Italy Exploration And Production Sector, Planned Natural Gas Asset Details 44
6 Italy Pipeline Gas Sector 45
6.1 Italy Pipeline Gas Sector, Key Data 45
6.2 Italy Pipeline Gas Sector, An Overview 45
6.3 Italy Pipeline Gas Sector, Natural Gas Pipeline Length- Wise Market Share By Company 45
6.4 Italy, Natural Gas Pipelines 47
7 Italy LNG Gas Sector 49
7.1 Italy LNG Gas Sector, Key Data 49
7.2 Italy LNG Gas Sector, Regasification 49
7.2.1 Italy LNG Gas Sector, Regasification, Total Regasification Capacity 49
7.2.2 Italy LNG Gas Sector, Regasification Capacity- Wise (Bcf) Market Share By Company 51
7.2.3 Italy LNG Sector, Asset- Wise Regasification Capacity 52
8 Italy UGS Gas Sector 53
8.1 Italy UGS Sector, Key Data 53
8.2 Italy Underground Gas Storage Sector, An Overview 53
8.3 Italy Underground Gas Storage Sector, Capacity-Wise Market Share by Company 53
8.4 Italy Underground Gas Storage Sector, Storage Capacity 55
9 Profile Of Eni S.p.A. 56
9.1 Eni S.p.A., Key Facts 56
9.2 Eni S.p.A., Company Overview 56
9.3 Eni S.p.A., Business Description 56
9.3.1 Eni S.p.A., Business Description, Business Overview 56
9.3.2 Eni S.p.A., Business Description, Engineering and Construction 57
9.3.3 Eni S.p.A., Business Description, Exploration & Production 58
9.3.4 Eni S.p.A., Business Description, Gas & Power 59
9.3.5 Eni S.p.A., Business Description, Others 61
9.3.6 Eni S.p.A., Business Description, Petrochemicals 61
9.3.7 Eni S.p.A., Business Description, Refining and Marketing 62
9.4 Eni S.p.A., Value Chain Analysis 64
9.4.1 Eni S.p.A., Value Chain Analysis, Upstream 64
9.4.2 Eni S.p.A., Value Chain Analysis, Midstream 65
9.4.3 Eni S.p.A., Value Chain Analysis, Downstream 66
9.4.4 Eni S.p.A., Value Chain Analysis, Retail 67
9.5 Eni S.p.A., SWOT Analysis 67
9.5.1 Eni S.p.A., SWOT Analysis, Overview 67
9.5.2 Eni S.p.A., SWOT Analysis, Strengths 68
9.5.3 Eni S.p.A., SWOT Analysis, Weaknesses 69
9.5.4 Eni S.p.A., SWOT Analysis, Opportunities 71
9.5.5 Eni S.p.A., SWOT Analysis, Threats 72
9.6 Eni S.p.A., Revenue Analysis 73
9.6.1 Eni S.p.A., Revenue by Segment 73
9.6.2 Eni S.p.A., Revenue by Geography 74
9.7 Eni S.p.A., Financial and Operational Review 76
9.7.1 Financial Statements 76
9.7.2 Financial Ratios 77
10 Profile of Royal Dutch Shell Plc 78
10.1 Royal Dutch Shell Plc, Key Information 78
10.2 Royal Dutch Shell Plc, Company Overview 78
10.3 Royal Dutch Shell Plc, Business Description 78
10.3.1 Royal Dutch Shell Plc, Business Description, Overview 78
10.3.2 Royal Dutch Shell Plc, Business Description, Chemicals 79
10.3.3 Royal Dutch Shell Plc, Business Description, Corporate and Others 80
10.3.4 Royal Dutch Shell Plc, Business Description, Exploration and Production 80
10.3.5 Royal Dutch Shell Plc, Business Description, Gas and Power 82
10.3.6 Royal Dutch Shell Plc, Business Description, Oil Products 84
10.3.7 Royal Dutch Shell Plc, Business Description, Oil Sands 86
10.4 Royal Dutch Shell Plc, Value Chain Analysis 87
10.4.1 Royal Dutch Shell Plc, Value Chain Analysis, Upstream 87
10.4.2 Royal Dutch Shell Plc, Value Chain Analysis, Midstream 88
10.4.3 Royal Dutch Shell Plc, Value Chain Analysis, Retail 89
10.4.4 Royal Dutch Shell Plc, Value Chain Analysis, Power Generation 89
10.4.5 Royal Dutch Shell Plc, Value Chain Analysis, Transformation 90
10.5 Royal Dutch Shell Plc, SWOT Analysis 91
10.5.1 Royal Dutch Shell Plc, SWOT Analysis, Overview 91
10.5.2 Royal Dutch Shell Plc, SWOT Analysis, Strengths 91
10.5.3 Royal Dutch Shell Plc, SWOT Analysis, Weaknesses 92
10.5.4 Royal Dutch Shell Plc, SWOT Analysis, Opportunities 93
10.5.5 Royal Dutch Shell Plc, SWOT Analysis, Threats 94
10.6 Royal Dutch Shell Plc, Revenue Analysis 95
10.6.1 Royal Dutch Shell Plc, Revenue by Segment 95
10.6.2 Royal Dutch Shell Plc, Revenue by Geography 96
10.7 Royal Dutch Shell plc, Financial and Operational Review 97
10.7.1 Financial Statements 97
10.7.2 Financial Ratios 98
11 Profile of Saipem S.p.A 99
11.1 Saipem S.p.A, Key Information 99
11.2 Saipem S.p.A, Company Overview 99
11.3 Saipem S.p.A, Business Description 99
11.3.1 Saipem S.p.A, Business Description, Business Overview 99
11.3.2 Saipem S.p.A, Business Description, Offshore 99
11.3.3 Saipem S.p.A, Business Description, Offshore Drilling 105
11.3.4 Saipem S.p.A, Business Description, Onshore 106
11.3.5 Saipem S.p.A, Business Description, Onshore Drilling 110
11.3.6 Saipem S.p.A, Business Description, Major Products and Services 111
11.4 Saipem S.p.A, SWOT Analysis 112
11.4.1 Saipem S.p.A, SWOT Analysis, Overview 112
11.4.2 Saipem S.p.A, SWOT Analysis, Strengths 112
11.4.3 Saipem S.p.A, SWOT Analysis, Weaknesses 113
11.4.4 Saipem S.p.A, SWOT Analysis, Opportunities 114
11.4.5 Saipem S.p.A, SWOT Analysis, Threats 114
11.5 Saipem S.p.A, Revenue Analysis 115
11.5.1 Saipem S.p.A, Revenue by Segment 115
11.5.2 Saipem S.p.A, Revenue by Geography 116
11.6 Saipem S.p.A, Financial and Operational Review 117
11.6.1 Financial Statements 117
11.6.2 Financial Ratios 118
12 Financial Deals Landscape 119
12.1 Detailed Deal Summary 119
12.1.1 Acquisition 119
12.1.2 Debt Offerings 121
12.1.3 Partnerships 124
12.1.4 Asset Transactions 126
13 Recent Developments 129
13.1 License Awards 129
13.1.1 Jan 29, 2009: Po Valley Expands Italy Gas Exploration 129
13.1.2 Dec 21, 2008: MOG Submits Application To MSE For Ombrina Mare Production Concession 130
13.1.3 Nov 27, 2008: Po Valley Wins Gas Production Concession For Sillaro Gas Field Near Bologna In Northern Italy 132
13.1.4 Nov 10, 2008: Po Valley Wins Gas Production Concession In Italy 133
13.1.5 Nov 06, 2008: Po Valley Wins Gas Exploration Licenses For La Prospera And Terra del Sole Prospects In Italy 134
13.2 Strategy and Business Expansion 135
13.2.1 Aug 10, 2008: Eni And Iraqi Officials Discuss Cooperation In Oil, Gas Sector 135
13.2.2 Jul 03, 2008: Eni Begins Functional Separation For Its Gas Subsidiaries 135
13.2.3 Jul 02, 2008: Eni And Petrobras Renew Agreements For Integrated, Strategic Upstream And Downstream Initiatives 136
13.2.4 May 20, 2008: Total Launches Its Second Nigerian Deepwater Project 136
13.2.5 May 19, 2008: Eni And The Republic Of Congo Launch A New Integrated Model Of Cooperation 137
13.3 Recent Discoveries 139
13.3.1 Sep 24, 2008: Eni Encounters Gas At Argo 2 Well In Sicilian Strait, Italy 139
13.3.2 Jul 22, 2008: Eni Discovers Gas In Offshore Sicily 139
13.3.3 Jul 04, 2008: Petrobras Announces Oil And Gas Discovery In Gulf Of Mexico 140
13.3.4 Jun 23, 2008: Eni Makes New Gas Discovery In Pakistan 141
13.4 Drilling and Production Updates 141
13.4.1 Jan 26, 2009: NOP To Drill Savio-1X Well In Italy Targeting 332 Bcf Of Gas 141
13.4.2 Dec 29, 2008: Ascent To Delay Drilling At Gazzata-1 Well In Italys Po Valley 142
13.4.3 Oct 06, 2008: MOG Updates On Ombrina Mare Field In BR269 Permit, Italy 143
13.4.4 Oct 02, 2008: Otto Updates On Gazzata-1 Well In Po Valley, Italy 145
13.4.5 Jul 17, 2008: Enis Kitan Discovery To Hold Between 30 To 40 Million Barrels Of Recoverable Oil 146
13.5 Financial Announcements 147
13.5.1 Oct 31, 2008: Eni Declares 3Q 2008 Results 147
13.5.2 Jul 31, 2008: Eni Declares 2Q 2008 Results 150
13.5.3 Jul 28, 2008: Edison Reports 1H 2008 Results 152
13.5.4 May 13, 2008: Edison Reports Q1 2008 Results 154
13.6 Other Significant Developments 156
13.6.1 Jan 30, 2009: Otto Provides 2008 Operational Update 156
13.6.2 Jan 30, 2009: Kairiki Provides Q2 2008 Operational Update 160
13.6.3 Jan 29, 2009: Key Petroleum Provides Q4 2008 Operations Update 162
13.6.4 Jan 12, 2009: Saxon Updates On 3D Seismic Program At Corte de Signori Concession Area In Po Valley, Italy 165
13.6.5 Dec 22, 2008: Maurel & Prom Provides Operations Update 166
13.6.6 Dec 11, 2008: Independent Resources Begins Seismic Acquisition Over CBM Project In Fiume Bruna, Italy 169
13.7 New Contracts Announcements 170
13.7.1 Jan 05, 2009: Po Valley Signs Gas Offtake Sales Agreement Worth EUR38 Million 170
14 Appendix 172
14.1 Methodology 172
14.1.1 Coverage 172
14.1.2 Secondary Research 173
14.1.3 Primary Research 173
14.1.4 E&P Forecasts 174
14.1.5 Midstream Forecasts 175
14.1.6 Expert Panel Validation 175
14.2 Contact Us 176
14.3 About Us 176
14.4 Disclaimer 176
Executive Summary
1.1 List of Tables
Table 1: Italy, Historical and Forecasted Production and Consumption of Natural Gas, 1996-2020 14
Table 2: Italy, Historical and Forecasted Import and Export of Natural Gas, 1996-2020 16
Table 3: Italy, Historical Reserves of Natural Gas, 1996-2008 18
Table 4: Italy, Crude Oil and Natural Gas, Depreciation Rate For Fixed Assets, 2007 23
Table 5: Western Europe, Investment Benchmarking, Overall Country Rankings, 2008 25
Table 6: Western Europe, Investment Benchmarking, Upstream Fiscal Attractiveness, 2008 26
Table 7: Western Europe, Investment Benchmarking, Gas Sector Performance, 2008 28
Table 8: Western Europe, Investment Benchmarking, Economic Performance, 2008 32
Table 9: Western Europe, Country Standings, Economic Performance, 2008 32
Table 10: Western Europe, Investment Benchmarking, Socio-Political Performance, 2008 34
Table 11: Western Europe, Country Standings, Socio-Political Performance, 2008 35
Table 12: Italy, Gas Key Statistics, 2008 37
Table 13: Italy, Total Marketed Natural Gas Production (MMcf), 2001-2008 39
Table 14: Italy, Marketed Natural Gas Production (MMcf), by Assets, 2001-2008 40
Table 15: Italy, Marketed Equity Weighted Natural Gas Production (MMcf), by Company, 2001-2008 40
Table 16: Italy, Market Share (%) based on Marketed Natural Gas Production, 2001- 2008 41
Table 17: Italy, Marketed Natural Gas Production(MMcf), Forecast by Assets, 2009-2014 43
Table 18: Italy, Forecasted Assets-wise Gross Revenue(000$), 2009-2014 43
Table 19: Italy, Projected Assets-wise Total Government Take (000$), 2009-2014 44
Table 20: Italy, Projected Assets-wise Total Contractor Take (000$), 2009-2014 44
Table 21: Italy, Gas Field Assets Details 45
Table 22: Italy, Planned Gas Field Assets Details 45
Table 23: Italy, Pipeline Key Statistics, 2008 46
Table 24: Italy, Natural Gas Pipelines, 2008 48
Table 25: Italy, Natural Gas Pipelines, 2008 (contd.) 49
Table 26: Italy, LNG Key Statistics, 2008 50
Table 27: Italy Total Regasification Capacity (Bcf), 2000-2015 50
Table 28: Italy Total Regasification Capacity (Bcf), 2000-2015 51
Table 29: Italy, Regasification Capacity, Company- Wise (Bcf), 2000-2015 52
Table 30: Italy, Regasification Capacity, Company- Wise (Bcf), 2000-2015 52
Table 31: Italy, Regasification Capacity (Bcf), 2000-2015 53
Table 32: Italy Underground Gas Storage Key Statistics, 2008 54
Table 33: Italy Underground Gas Storage Capacity, Company-wise, 2008 54
Table 34: Italy Underground Gas Storage Capacity, Company-wise, 2008 55
Table 35: Italy, Underground Gas Storage Capacity, 2008 56
Table 36: Eni S.p.A., Key Facts 57
Table 37: Eni S.p.A., SWOT Analysis 69
Table 38: Eni S.p.A., Revenue by Segment, Euro Million, 2003-2007 75
Table 39: Eni S.p.A., Revenue by Geography, Euro Million, 2003-2007 76
Table 40: Eni S.p.A., Financial Statements, Euro Million, 2003-2007 77
Table 41: Eni S.p.A., Financial Ratios, Euro Million, 2003-2007 78
Table 42: Royal Dutch Shell plc, Key Facts 79
Table 43: Royal Dutch Shell plc, SWOT Analysis 92
Table 44: Royal Dutch Shell plc, Revenue by Segment, USD Million, 2003-2007 97
Table 45: Royal Dutch Shell plc, Revenue by Geography, USD Million, 2003-2007 98
Table 46: Royal Dutch Shell plc, Financial Statements, USD Million, 2003-2007 98
Table 47: Royal Dutch Shell plc, Financial Ratios, USD Million, 2003-2007 99
Table 48: Saipem S.p.A.,Key Facts 100
Table 49: Saipem S.p.A., SWOT Analysis 113
Table 50: Saipem S.p.A., Revenue by Segment, Euro Million, 2003-2007 116
Table 51: Saipem S.p.A., Revenue by Geography, Euro Million, 2003-2007 118
Table 52: Saipem S.p.A., Financial Statements, Euro Million, 2003-2007 118
Table 53: Saipem S.p.A., Financial Ratios, Euro Million, 2003-2007 119
Table 54: National Oil Corporation To Acquire Minority Stake In Eni 120
Table 55: Mediterranean Oil & Gas Acquires 100% of JKX Italia From JKX Oil & Gas 121
Table 56: Eni Completes Private Placement For $1,937.67 Million 122
Table 57: Eni Completes Private Placment For $1577.26 Million 123
Table 58: Eni Announces Debt Offering Of $4,180 Million 124
Table 59: Enel Forms Joint Venture With Egyptian Natural Gas Holding Company 125
Table 60: Po Valley Energy Enters Into Joint Venture With Edison 126
Table 61: Northern Petroleum Farms Out Six Offshore Sicily Channel Licenses To Shell Italia E&P 127
Table 62: Po Valley Acquires Correggio Gas Field From ENI 128
Table 63: Otto Energy Acquires 50% Holdings In Two Bastiglia-Cento Exploration Permits From Ascent Resources 129
Eni S.p.A.
Royal Dutch Shell Plc
Saipem S.p.A
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW4
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
