Bharat Book Bureau

Angola 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 Angola. 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 Angola. The report also analyses the fiscal regime relevant to the oil assets in Angola and compares the investment environment in Angola with other countries in the region. The profiles of the major companies operating in the oil sector in Angola 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 Angola Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 for the period 1995-2020.
- Operator and equity details for major oil assets in Angola 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 Angola 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 Angola 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 Angola Energy Sector 11
2.1 Angola Energy Sector, Market Overview 11
2.2 Angola Energy Sector, Crude Oil 12
2.2.1 Angola Crude Oil, Overview 12
2.2.2 Angola Crude Oil, Supply and Demand Balance 12
2.2.3 Angola Crude Oil, Regulatory Structure 18
2.2.4 Angola Crude Oil, Infrastructure 18
3 Angola Fiscal Regime 20
3.1 Angola Petroleum Fiscal Environment 20
3.2 License Terms 20
3.3 Key Fiscal Terms 21
3.4 Sample Cashflows Calculations 25
4 Angola Oil Upstream Investment Environment Benchmarking 26
4.1 Introduction 26
4.2 The Overall Ranking 26
4.3 Upstream Fiscal Attractiveness 27
4.3.1 Maximum Government Take Index 28
4.3.2 Fiscal Flexibility 28
4.3.3 Maximum State Participation 29
4.3.4 Maximum Domestic Market Obligation 29
4.4 Oil Sector Performance 29
4.4.1 Exploration Activity 31
4.4.2 Oil Production 32
4.4.3 Oil Reserves 32
4.4.4 Oil Consumption 32
4.4.5 Refining Industry 33
4.5 Economic Performance 33
4.5.1 GDP Growth Index 35
4.5.2 FDI Confidence Index 35
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 Angola Exploration and Production Sector 38
5.1 Angola Exploration and Production Sector, Country Snapshot 38
5.1.1 Angola Exploration and Production Sector, Key Data 38
5.1.2 Angola Exploration and Production Sector, Crude Oil Assets Map 39
5.2 Angola Exploration and Production Sector, Gross Crude Oil Production 40
5.2.1 Angola Exploration and Production Sector, Gross Crude Oil-Historical Production 40
5.2.2 Angola Exploration and Production Sector, Gross Crude Oil Production by Assets 41
5.2.3 Angola Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 42
5.2.4 Angola Exploration and Production Oil Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 44
5.3 Angola Exploration and Production Sector, Gross Crude Oil Forecasts 45
5.3.1 Angola Exploration and Production Sector, Gross Crude Oil Forecasted Production 45
5.3.2 Angola Exploration and Production Sector, Gross Revenue Forecast 45
5.3.3 Angola Exploration and Production Sector, Government Take Forecast 46
5.3.4 Angola Exploration and Production Sector, Contractor Take Forecast 46
5.4 Angola Exploration And Production Sector, Crude Oil Asset Details 47
5.4.1 Angola Exploration And Production Sector, Active Crude Oil Asset Details 47
5.4.2 Angola Exploration And Production Sector, Planned Crude Oil Asset Details 47
6 Angola Pipeline Sector 48
6.1 Angola Pipeline Sector, Key Data 48
6.2 Angola Pipeline Sector, An Overview 48
6.3 Angola Pipeline Sector, Comparision of Key Crude Oil Pipeline Companies 48
6.4 Angola Pipeline Sector, Crude Oil Pipelines 50
7 Angola Refining Sector 51
7.1 Angola Refining Sector, Key Data 51
7.2 Angola Refining Sector, An Overview 51
7.2.1 Angola Refining Sector, Total Refining Capacity 51
7.3 Angola Refining Sector, Capacity- Wise Market Share by Company 52
7.4 Angola Refining Sector, Crude Distillation Unit Capacity 53
8 Profile of Total S.A. 54
8.1 Total S.A., Key Information 54
8.2 Total S.A., Company Overview 54
8.3 Total S.A., Business Description 54
8.3.1 Total S.A., Business Description, Business Overview 54
8.3.2 Total S.A., Business Description, Chemicals 55
8.3.3 Total S.A., Business Description, Downstream 56
8.3.4 Total S.A., Business Description, Upstream 57
8.3.5 Total S.A., Business Description, Major Products and Services 58
8.4 Total S.A., Value Chain Analysis 61
8.4.1 Total S.A., Value Chain Analysis, Upstream 61
8.4.2 Total S.A., Value Chain Analysis, Midstream 62
8.4.3 Total S.A., Value Chain Analysis, Downstream 63
8.4.4 Total S.A., Value Chain Analysis, Retail 64
8.5 Total S.A., SWOT Analysis 64
8.5.1 Total S.A., SWOT Analysis, Overview 64
8.5.2 Total S.A., SWOT Analysis, Strengths 65
8.5.3 Total S.A., SWOT Analysis, Weaknesses 66
8.5.4 Total S.A., SWOT Analysis, Opportunities 67
8.5.5 Total S.A., SWOT Analysis, Threats 68
8.6 Total S.A., Revenue Analysis 69
8.6.1 Total S.A., Revenue by Segment 69
8.6.2 Total S.A., Revenue by Geography 70
8.7 Total S.A., Financial and Operational Review 71
8.7.1 Financial Statements 71
8.7.2 Financial Ratios 72
9 Profile of Exxon Mobil Corporation 73
9.1 Exxon Mobil Corporation, Key Information 73
9.2 Exxon Mobil Corporation, Company Overview 73
9.3 Exxon Mobil Corporation, Business Description 73
9.3.1 Exxon Mobil Corporation, Business Description, Overview 73
9.3.2 Exxon Mobil Corporation, Business Description, Chemical 73
9.3.3 Exxon Mobil Corporation, Business Description, Downstream 75
9.3.4 Exxon Mobil Corporation, Business Description, Upstream 77
9.4 Exxon Mobil Corporation, Value Chain Analysis 79
9.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream 79
9.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 80
9.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 81
9.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail 81
9.5 Exxon Mobil Corporation, SWOT Analysis 82
9.5.1 Exxon Mobil Corporation, SWOT Analysis, Overview 82
9.5.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 82
9.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 85
9.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 86
9.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 87
9.6 Exxon Mobil Corporation, Revenue Analysis 89
9.6.1 Exxon Mobil Corporation, Revenue by Segment 89
9.6.2 Exxon Mobil Corporation, Revenue by Geography 90
9.7 Exxon Mobil Corporation, Financial and Operational Review 91
9.7.1 Financial Statements 91
9.7.2 Financial Ratios 92
10 Profile of Sonangol 93
10.1 Sonangal, Key Information 93
10.2 Sonangal, Company Overview 93
10.3 Sonangal, Business Description 93
10.3.1 Sonangal, Business Description, Business Overview 93
10.3.2 Sonangal, Business Description, Major Products and Services 95
10.4 Sonangal, SWOT Analysis 96
10.4.1 Sonangal, SWOT Analysis, Overview 96
10.4.2 Sonangal, SWOT Analysis, Strengths 96
10.4.3 Sonangal, SWOT Analysis, Weaknesses 98
10.4.4 Sonangal, SWOT Analysis, Opportunities 98
10.4.5 Sonangal, SWOT Analysis, Threats 99
11 Recent Developments 101
11.1 License Rounds 101
11.1.1 May 07, 2008: Angola Prequalifies 40 Oil Companies Under New Licensing Round 101
11.2 License Awards 102
11.2.1 Jul 28, 2008: Marathon Receives Approval For Angola Block 31 Development Project 102
11.2.2 Jul 28, 2008: BP, Partners Get Nod To Develop Angola’s Block 31 103
11.2.3 Jul 05, 2008: OVL Qualifies To Bid As Operator For Angola Blocks 104
11.2.4 Jul 02, 2008: Angola To Resume Oil Licensing Round In Late 2009 105
11.3 Strategy and Business Expansion 105
11.3.1 Feb 09, 2009: Eni And Sonangol Sign Agreement To Jointly Evaluate Angolan Onshore Basins 105
11.3.2 Oct 05, 2008: ONGC To Explore Oil Blocks In Angola And Brazil 106
11.4 Recent Discoveries 107
11.4.1 Mar 03, 2009: BP Announces Oil Discovery In Ultra-Deep Water Block 31, Angola 107
11.4.2 Oct 15, 2008: BP Discovers Oil At Dione Well In Ultra Deepwater Block 31, Angola 107
11.4.3 Oct 14, 2008: Eni And Sonangol Encounter Oil At Ngoma-1 Well In Block 15/06 Offshore Angola 108
11.4.4 Aug 06, 2008: EnerGulf Updates On Kunene #1 Well, In Block 1711, Angola 109
11.4.5 Jun 06, 2008: ROC Discovers Oil In Coco-1 Exploration Well, Angola 109
11.4.6 May 05, 2008: Eni Announces Oil Discovery Offshore Angola 110
11.5 Drilling and Production Updates 111
11.5.1 Feb 17, 2009: VAALCO Provides Drilling Update 111
11.5.2 Feb 05, 2009: Chevron To Raise Daily Production To 620,000 Bpd With Tombua-Landana Field In Angola 112
11.5.3 Feb 05, 2009: BP Raises Production At Plutonio Oil Field In Angola 113
11.5.4 Nov 21, 2008: BP Angola’s Plutonio Oilfield Production Reduces To 200,000 B/D 113
11.5.5 Oct 08, 2008: Chevron To Rise Production From Angola Next Year 113
11.5.6 Oct 08, 2008: ROC Plugs And Abandons MAW-1 Well In Cabinda South Block, Onshore Angola 114
11.5.7 Sep 24, 2008: ROC Reaches Total Depth At Arroz-1 Well In Cabinda South Block, Angola 114
11.5.8 Sep 19, 2008: ROC Initiates Drilling At MAW-1 Well In Cabinda South Block, Onshore Angola 114
11.6 Other Significant Developments 115
11.6.1 Feb 20, 2009: Sao Tome And Principe To Sign Agreement With Sonangol 115
11.6.2 Jan 27, 2009: VAALCO Provides Operational Update 115
11.6.3 Jan 16, 2009: Angola To Raise Production Capacity At Block 17 In Zaire Province 117
11.6.4 Jan 09, 2009: Angola Produces 695 Million Barrels Of Oil In 2008 117
11.6.5 Jan 02, 2009: Angola Cuts Output To Follow OPEC’s Production Quotas 118
11.6.6 Nov 06, 2008: Odebrecht Oil & Gas To Invest $100 Million In 2009 To Explore Angolan Oil Block 118
11.6.7 Oct 09, 2008: Angola’s Oil Production Falls To 1.959 Million Bpd 119
11.6.8 Sep 23, 2008: Petrobras To Conduct Seismic Tests For Subsalt Oil Deposits In Angola 119
12 Appendix 121
12.1 Methodology 121
12.1.1 Coverage 121
12.1.2 Secondary Research 122
12.1.3 Primary Research 122
12.1.4 E&P Forecasts 123
12.1.5 Midstream Forecasts 124
12.1.6 Expert Panel Validation 125
12.2 Contact Us 125
12.3 About GlobalData 125
12.4 Disclaimer 125

1.1 List of Tables
Table 1:    Angola, Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020 13
Table 2:    Angola, Historical and Forecasted Import and Export of Crude Oil, 1996-2020 15
Table 3     Angola, Historical Reserves of Crude Oil, 1996-2008 17
Table 4: Angola, Crude Oil and Natural Gas, Profit Oil/Gas, 2007 22
Table 5:    Angola, Cabinda Centro Onshore Block, Profit Oil/Gas, 2007 23
Table 6:    Angola, KoN 11 and KON12 Kwanza Onshore Block 23
Table 7:    Angola, Block 9, Block 19, Block 20 and Block 21 23
Table 8:   Angola, Block 46, Block 47 and Block 48 24
Table 9: West Africa, Investment Benchmarking, Overall Country Rankings, 2008 26
Table 10: West Africa, Investment Benchmarking, Upstream Fiscal Attractiveness, 2008 27
Table 11: West Africa, Investment Benchmarking, Oil Sector Performance, 2008 29
Table 12: West Africa, Investment Benchmarking, Economic Performance, 2008 33
Table 13: West Africa, Country Standings, Economic Performance, 2008 34
Table 14: West Africa, Investment Benchmarking, Socio-Political Performance, 2008 36
Table 15: West Africa, Country Standings, Socio-Political Performance, 2008 36
Table 16: Angola, Crude Oil Key Statistics, 2008 38
Table 17: Angola, Total Gross Crude Oil Production (MMBBLs), 2001-2008 40
Table 18: Angola, Gross Crude Oil Production (MMBBLs), by Assets, 2001-2008 41
Table 19: Angola, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2001-2008 42
Table 20: Angola, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2001-2008 44
Table 21: Angola, Gross Crude Oil Production (MMBBLs), Forecast by Assets, 2009-2014 45
Table 22: Angola, Forecasted Assets-wise Gross Revenue(000′$), 2009-2014 45
Table 23: Angola, Projected Assets-wise Total Government Take (000′$), 2009-2014 46
Table 24: Angola, Projected Assets-wise Total Contractor Take (000′$), 2009-2014 46
Table 25: Angola, Active Oil Field Assets Details 47
Table 26: Angola, Planned Oil Field Assets Details 47
Table 27: Angola, Pipeline Key Statistics, 2008 48
Table 28:  Angola, Crude Oil Pipeline Length by Company (Km), 2008 48
Table 29: Angola, Crude Oil Pipelines, 2008 50
Table 30: Angola, Refinery Key Statistics, 2008 51
Table 31: Angola, Total Refining Capacity (MMTPA), 2000- 2013 51
Table 32: Angola, Refining Capacity Company-wise (MMTPA), 2000-2013 52
Table 33:  Angola, Crude Distillation Unit Capacity In Angola (MMTPA), 2000-2013 53
Table 34:      TOTAL S.A., Key Facts 54
Table 35:      TOTAL S.A., SWOT Analysis 65
Table 36:      TOTAL S.A., Revenue by Segment, Euro Million, 2003-2007 69
Table 37:      TOTAL S.A., Revenue by Geography, Euro Million, 2003-2007 70
Table 38:      TOTAL S.A., Financial Statements, Euro Million, 2003-2007 71
Table 39:      TOTAL S.A., Financial Ratios, Euro Million, 2003-2007 72
Table 40:      Exxon Mobil Corporation, Key Facts 73
Table 41:      Exxon Mobil Corporation, SWOT Analysis 82
Table 42:      Exxon Mobil Corporation, Revenue by Segment, USD Million, 2003-2007 89
Table 43:      Exxon Mobil Corporation, Revenue by Geography, USD Million, 2003-2007 90
Table 44:      Exxon Mobil Corporation, Financial Statements, USD Million, 2003-2007 91
Table 45:      Exxon Mobil Corporation, Financial Ratios, USD Million, 2003-2007 92
Table 46: Sonangol,Key Facts 93
Table 47: Sonangol, SWOT Analysis 96

1.2 List of Figures
Figure 1: Angola, Energy Sector Break-Up, 2008 11
Figure 2: Angola, Crude Oil Production And Consumption (Thousand Barrels Per Day), 1996-2020 14
Figure 3: Angola, Crude Oil Imports And Exports (Thousand Barrels Per Day), 1996-2020 16
Figure 4: Angola, Crude Oil Reserves (Million Barrels), 1996-2008 18
Figure 5: West Africa, Country Standings, Upstream Fiscal Attractiveness, 2008 28
Figure 6: West Africa, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, 2008 30
Figure 7: West Africa, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, 2008 31
Figure 8: West Africa, Country Standings, Exploration Blocks Awarded, 2008 32
Figure 9: West Africa, Country Standings, Economic Performance, 2008 34
Figure 10: West Africa, Country Standings, Socio-Political Performance, 2008 37
Figure 11:  Angola, Crude Oil Assets Map, 2008 39
Figure 12: Angola, Total Gross Crude Oil Production (MMBBLs), 2001-2008 40
Figure 13: Angola, Gross Equity Weighted Crude Oil Production (MMBBLs),by Company, 2001-2008 43
Figure 14: Angola, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2008 44
Figure 15: Angola, Crude Oil Pipeline Length by Company (Km), 2008 49
Figure 16:  Angola, Total Refining Capacity (MMTPA), 2000- 2013 52
Figure 17:      TOTAL S.A., Value Chain Analysis 61
Figure 18: Exxon Mobil Corporation, Value Chain Analysis 79
Figure 19:  GlobalData Methodology 121

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 Angola. 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 oil and gas assets (oil and gas fields, exploration blocks, refineries, pipelines, LNG terminals and storage terminals) in Angola. The report also analyses the fiscal regime relevant to the oil and gas assets in Angola and compares the investment environment in Angola with other countries in the region. The profiles of the major companies operating in the oil and gas sector in Angola 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 exploration blocks, oil and gas fields, refineries, pipelines, LNG terminals and storage terminals in Angola for the period 1995-2020.
• Operator and equity details for major oil and gas assets in Angola
• Key information relating to market regulations, key energy assets and the key companies operating in the Angola’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 Angola 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 and 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 oil and gas assets.
• Assess your competitor’s major oil and gas assets and their performance.
• Analyze the latest news and financial deals in the oil and 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 each the country.

1.1 List of Tables
 Table 1:    Angola, Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020 18
 Table 2:    Angola, Historical and Forecasted Imports and Exports of Crude Oil, 1996-2020 20
 Table 3     Angola, Historical and Forecasted Reserves of Crude Oil, 1996-2020 22
 Table 4:    Angola, Historical and Forecasted Production and Consumption of Natural Gas, 1996-2020 25
 Table 5:    Angola, Historical and Forecasted Reserves of Natural Gas, 1996-2020 27
 Table 6:    Angola, Historical and Forecasted Electricity Generation Capacity, 1996-2020 32
 Table 7:   Angola, Historical and Forecasted Generation and Consumption of Electricity, 1996-2020 34
 Table 8: Angola, Crude Oil and Natural Gas, Profit Oil/Gas, 2007 40
 Table 9:    Anola, Cabinda Centro Onshore Block, Profit Oil/Gas, 2007 40
 Table 10:    Angloa, KoN 11 and KON12 Kwanza Onshore Block 40
 Table 11:    Angloa, Block 9, Block 19, Block 20 and Block 21 41
 Table 12:   Angola, Block 46, Block 47 and Block 48 41
 Table 13: West Africa, Investment Benchmarking, Overall Country Rankings, April 2008 44
 Table 14: West Africa, Investment Benchmarking, Upstream Fiscal Attractiveness, April 2008 45
 Table 15: West Africa, Investment Benchmarking, Oil and Gas Sector Performance, April 2008 47
 Table 16: West Africa, Investment Benchmarking, Economic Performance, April 2008 52
 Table 17: West Africa, Investment Benchmarking, Socio-Political Performance, April 2008 54
 Table 18: Angola, Oil and Gas, Key Statistics, April 2008 56
 Table 19: Angola, Total Crude Oil and Natural Gas Reserves, 2000-2012 59
 Table 20: Angola, Total Crude Oil Production (MMBBLs), 2000-2007 60
 Table 21: Angola, Oil and Gas Asset Details, April 2008 61
 Table 22: Angola Offshore, Total Crude Oil Production (Barrels), by Assets, 2000-2007 62
 Table 23: Angola, Oil and Gas Planned Production Asset Details. April 2008 62
 Table 24: Angola, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 63
 Table 25: Angola, Total Crude Oil Production (MMBBLs), Forecast, 2008-2013 64
 Table 26: Angola, Total Number of Active Exploration Blocks, 2000-2007 65
 Table 27: Angola, Total Number of Active Exploration Blocks By Company, 2000-2007 66
 Table 28: Angola, Oil and Gas Exploration Blocks Details, April 2008 67
 Table 29: Angola, Oil and Gas Exploration Blocks Details, April 2008 (Cont’d) 68
 Table 30: Angola, Oil and Gas Planned Exploration Blocks Details, April 2008 68
 Table 31:      Angola, Middle East And Africa, Crude Distillation Unit Capacity (MMTPA), 2000-2012 69
 Table 32:     Angola, Crude Oil Pipelines, 2007 70
 Table 33:     Angola, Natural Gas Pipelines, 2007 71
 Table 34: Angola, Middle East and Africa, Liquefaction Capacity  (Million Tonnes), 2000-2012 72
 Table 35:      Exxon Mobil Corporation,Key Facts, 2007 73
 Table 36:      Exxon Mobil Corporation, SWOT Analysis , 2007 83
 Table 37:      Exxon Mobil Corporation, Revenue by Segment, USD Million, 2003-2007 90
 Table 38:      Exxon Mobil Corporation, Revenue by Geography, USD Million, 2003-2007 91
 Table 39:      Exxon Mobil Corporation, Financial Statements, USD Million, 2003-2007 92
 Table 40:      Exxon Mobil Corporation, Financial Ratios, USD Million, 2003-2007 93
 Table 41:      Exxon Mobil Corporation Operational Indicators, 2003-2007 94
 Table 42:      Eni S.p.A.,Key Facts, 2007 95
 Table 43:      Eni S.p.A., SWOT Analysis , 2007 107
 Table 44:      Eni S.p.A., Revenue by Segment, Euro Million, 2002-2006 113
 Table 45:      Eni S.p.A., Revenue by Geography, Euro Million, 2002-2006 114
 Table 46:      Eni S.p.A., Financial Statements, Euro Million, 2003-2007 114
 Table 47:      Eni S.p.A., Financial Ratios, Euro Million, 2003-2007 115
 Table 48:      Eni S.p.A. Operational Indicators, 2003-2007 116
 Table 49:      TOTAL S.A.,Key Facts, 2007 117
 Table 50:      TOTAL S.A., SWOT Analysis , 2007 127
 Table 51:      TOTAL S.A., Revenue by Segment, Euro Million, 2003-2007 131
 Table 52:      TOTAL S.A., Revenue by Geography, Euro Million, 2003-2007 132
 Table 53:      TOTAL S.A., Financial Statements, Euro Million, 2003-2007 133
 Table 54:      TOTAL S.A., Financial Ratios, Euro Million, 2003-2007 134
 Table 55:      TOTAL S.A. Operational Indicators, 2003-2007 135
 Table 56:      TOTAL S.A. Operational Indicators, 2003-2007 136
 Table 57: Brent Blend NYMEX Future Prices 158

1.2 List of Figures
Figure 1: Angola, Energy Sector Break-Up, 2007 16
Figure 2: Angola, Crude Oil Production And Consumption (Thousand Barrels Per Day), 1996-2020 19
Figure 3: Angola, Crude Oil Imports And Exports (Thousand Barrels Per Day), 1996-2020 21
Figure 4: Angola, Crude Oil Reserves (Million Barrels), 1996-2020 23
Figure 5: Angola, Natural Gas Production And Consumption (Billion Cubic Feet), 1996-2020 26
Figure 6: Angola, Natural Gas Reserves (Billion Cubic Feet), 1996-2020 28
Figure 7: Angola, Electricity Production by Fuel Type, 2007 30
Figure 8: Angola, Electricity Consumption by End User, 2007 31
Figure 9: Angola, Electricity Generation Capacity (Megawatt), 1996-2020 33
Figure 10: Angola, Electricity Generation And Consumption (Billion Kilowatt Hours), 1996-2020 35
Figure 11: Angola, Upstream Oil & Gas Fiscal Regime (PSA), Sample Cashflows, 2005-2016 43
Figure 12: West Africa, Country Standings, Upstream Fiscal Attractiveness, April 2008 46
Figure 13: West Africa, Country Standings, Oil and Gas Sector Performance, April 2008 48
Figure 14: West Africa, Country Standings, Oil and Gas Sector Performance, April 2008 (Contd.) 49
Figure 15: West Africa, Country Standings, Number of Active Exploration Blocks Made Active, April 2008 50
Figure 16: West Africa, Country Standings, Economic Performance, April 2008 52
Figure 17: West Africa, Country Standings, Socio-Political Performance, April 2008 54
Figure 18:     Angola, Exploration and Production Assets Map, April 2008 57
Figure 19: Angola, Total Crude Oil and Natural Gas Reserves(MMBOE), 2000-2012 58
Figure 20: Angola, Total Crude Oil Production (MMBBLs), 2000-2007 60
Figure 21:      Angola, Total Number of Active Exploration Blocks, 2000-2007 65
Figure 22:      Exxon Mobil Corporation, Value Chain Analysis 80
Figure 23:      Eni S.p.A., Value Chain Analysis 103
Figure 24:      TOTAL S.A., Value Chain Analysis 123
Figure 25: Global Markets Direct Methodology 154

Angola 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 Angola. It provides asset level information relating to the active and planned oil and gas fields and exploration blocks in Angola. The profiles of the major companies operating in the upstream industry of Angola 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.

Table of Contents:

1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 8
2 Angola Exploration And Production Sector 9
2.1 Angola, Key Data 9
2.2 Angola, Exploration And Production Assets Map 9
2.3 Angola Exploration and Production Sector, Production 10
2.3.1 Angola Exploration and Production Sector, Crude Oil-Historical Production 10
2.3.2 Angola Exploration and Production Sector, Natural Gas-Historical Production 11
2.3.3 Angola Exploration and Production Sector, Crude Oil Production by Assets 12
2.3.4 Angola Exploration and Production Sector, Natural Gas Production by Assets 12
2.3.5 Angola Exploration and Production Sector, Crude Oil Production by Company 13
2.3.6 Angola Exploration and Production Sector, Natural Gas Production by Company 13
2.4 Angola Exploration and Production Sector, Forecasts 14
2.4.1 Angola Exploration and Production Sector, Crude Oil Forecasted Production 14
2.4.2 Angola Exploration and Production Sector, Natural Gas Forecasted Production 14
2.4.3 Angola Exploration and Production Sector, Crude Oil Gross Revenue Forecast 14
2.4.4 Angola Exploration and Production Sector, Government Take Forecast of Crude Oil Assets 15
2.4.5 Angola Exploration and Production Sector, Contractor Take Forecast of Crude Oil Assets 15
2.5 Angola Exploration And Production Sector, Asset Details 15
2.5.1 Angola Exploration And Production Sector, Active Crude Oil Asset Details 15
2.5.2 Angola Exploration And Production Sector, Planned Crude Oil Asset Details 16
2.6 Angola Exploration And Production Sector, Exploration 16
2.6.1 Angola Exploration And Production Sector, Total Active Exploration Blocks 16
2.6.2 Angola Exploration And Production Sector, Active Exploration Blocks by Company 16
2.6.3 Angola Exploration And Production Sector, Exploration Details 17
3 Profile of ExxonMobil Corporation 19
3.1 ExxonMobil Corporation, Key Information 19
3.2 ExxonMobil Corporation, Company Overview 19
3.3 ExxonMobil Corporation, Business Description 19
3.3.1 ExxonMobil Corporation, Business Description, Overview 19
3.3.2 ExxonMobil Corporation, Business Description, Chemical 19
3.3.3 ExxonMobil Corporation, Business Description, Downstream 21
3.3.4 ExxonMobil Corporation, Business Description, Upstream 23
3.4 ExxonMobil Corporation, Value Chain Analysis 25
3.4.1 ExxonMobil Corporation, Value Chain Analysis, Upstream 25
3.4.2 ExxonMobil Corporation, Value Chain Analysis, Midstream 26
3.4.3 ExxonMobil Corporation, Value Chain Analysis, Downstream 27
3.4.4 ExxonMobil Corporation, Value Chain Analysis, Retail 27
3.5 ExxonMobil Corporation, SWOT Analysis 27
3.5.1 ExxonMobil Corporation, SWOT Analysis, Overview 27
3.5.2 ExxonMobil Corporation, SWOT Analysis, Strengths 28
3.5.3 ExxonMobil Corporation, SWOT Analysis, Weaknesses 30
3.5.4 ExxonMobil Corporation, SWOT Analysis, Opportunities 31
3.5.5 ExxonMobil Corporation, SWOT Analysis, Threats 33
3.6 ExxonMobil Corporation, Revenue Analysis 34
3.6.1 ExxonMobil Corporation, Revenue by Segment 35
3.6.2 ExxonMobil Corporation, Revenue by Geography 35
3.7 ExxonMobil Corporation, Financial and Operational Review 37
3.7.1 Financial Statements 37
3.7.2 Financial Ratios 38
4 Profile Of Eni S.p.A. 39
4.1 Eni S.p.A., Key Facts 39
4.2 Eni S.p.A., Company Overview 39
4.3 Eni S.p.A., Business Description 39
4.3.1 Eni S.p.A., Business Description, Business Overview 39
4.3.2 Eni S.p.A., Business Description, Engineering and Construction 40
4.3.3 Eni S.p.A., Business Description, Exploration & Production 41
4.3.4 Eni S.p.A., Business Description, Gas & Power 42
4.3.5 Eni S.p.A., Business Description, Others 44
4.3.6 Eni S.p.A., Business Description, Petrochemicals 44
4.3.7 Eni S.p.A., Business Description, Refining and Marketing 45
4.4 Eni S.p.A., Value Chain Analysis 47
4.4.1 Eni S.p.A., Value Chain Analysis, Upstream 47
4.4.2 Eni S.p.A., Value Chain Analysis, Midstream 48
4.4.3 Eni S.p.A., Value Chain Analysis, Downstream 49
4.4.4 Eni S.p.A., Value Chain Analysis, Retail 50
4.5 Eni S.p.A., SWOT Analysis 50
4.5.1 Eni S.p.A., SWOT Analysis, Overview 50
4.5.2 Eni S.p.A., SWOT Analysis, Strengths 51
4.5.3 Eni S.p.A., SWOT Analysis, Weaknesses 52
4.5.4 Eni S.p.A., SWOT Analysis, Opportunities 54
4.5.5 Eni S.p.A., SWOT Analysis, Threats 55
4.6 Eni S.p.A., Revenue Analysis 56
4.6.1 Eni S.p.A., Revenue by Segment 56
4.6.2 Eni S.p.A., Revenue by Geography 57
4.7 Eni S.p.A., Financial and Operational Review 58
4.7.1 Financial Statements 58
4.7.2 Financial Ratios 59
5 Profile of Total S.A. 60
5.1 Total S.A., Key Information 60
5.2 Total S.A., Company Overview 60
5.3 Total S.A., Business Description 60
5.3.1 Total S.A., Business Description, Business Overview 60
5.3.2 Total S.A., Business Description, Chemicals 61
5.3.3 Total S.A., Business Description, Downstream 62
5.3.4 Total S.A., Business Description, Upstream 63
5.3.5 Total S.A., Business Description, Major Products and Services 64
5.4 Total S.A., Value Chain Analysis 66
5.4.1 Total S.A., Value Chain Analysis, Upstream 67
5.4.2 Total S.A., Value Chain Analysis, Midstream 67
5.4.3 Total S.A., Value Chain Analysis, Downstream 68
5.4.4 Total S.A., Value Chain Analysis, Retail 69
5.5 Total S.A., SWOT Analysis 69
5.5.1 Total S.A., SWOT Analysis, Overview 69
5.5.2 Total S.A., SWOT Analysis, Strengths 70
5.5.3 Total S.A., SWOT Analysis, Weaknesses 71
5.5.4 Total S.A., SWOT Analysis, Opportunities 71
5.5.5 Total S.A., SWOT Analysis, Threats 72
5.6 Total S.A., Revenue Analysis 73
5.6.1 Total S.A., Revenue by Segment 74
5.6.2 Total S.A., Revenue by Geography 74
5.7 Total S.A., Financial and Operational Review 75
5.7.1 Financial Statements 75
5.7.2 Financial Ratios 76
6 Recent Developments 77
6.1 Strategy and Business Expansion 77
6.1.1 Feb 09, 2009: Eni And Sonangol Sign Agreement To Jointly Evaluate Angolan Onshore Basins 77
6.1.2 Oct 05, 2008: ONGC To Explore Oil Blocks In Angola And Brazil 77
6.2 Recent Discoveries 78
6.2.1 Oct 15, 2008: BP Discovers Oil At Dione Well In Ultra Deepwater Block 31, Angola 78
6.2.2 Oct 14, 2008: Eni And Sonangol Encounter Oil At Ngoma-1 Well In Block 15/06 Offshore Angola 79
6.3 Drilling and Production Updates 79
6.3.1 Feb 17, 2009: VAALCO Provides Drilling Update 79
6.3.2 Feb 05, 2009: Chevron To Raise Daily Production To 620,000 Bpd With Tombua-Landana Field In Angola 81
6.3.3 Feb 05, 2009: BP Raises Production At Plutonio Oil Field In Angola 81
6.3.4 Nov 21, 2008: BP Angola’s Plutonio Oilfield Production Reduces To 200,000 B/D 81
6.3.5 Oct 08, 2008: Chevron To Rise Production From Angola Next Year 82
6.3.6 Oct 08, 2008: ROC Plugs And Abandons MAW-1 Well In Cabinda South Block, Onshore Angola 82
6.3.7 Sep 24, 2008: ROC Reaches Total Depth At Arroz-1 Well In Cabinda South Block, Angola 83
6.3.8 Sep 19, 2008: ROC Initiates Drilling At MAW-1 Well In Cabinda South Block, Onshore Angola 83
6.4 Other Significant Developments 83
6.4.1 Feb 20, 2009: Sao Tome And Principe To Sign Agreement With Sonangol 83
6.4.2 Jan 27, 2009: VAALCO Provides Operational Update 84
6.4.3 Jan 16, 2009: Angola To Raise Production Capacity At Block 17 In Zaire Province 85
6.4.4 Jan 09, 2009: Angola Produces 695 Million Barrels Of Oil In 2008 86
6.4.5 Jan 02, 2009: Angola Cuts Output To Follow OPEC’s Production Quotas 86
6.4.6 Nov 06, 2008: Odebrecht Oil & Gas To Invest $100 Million In 2009 To Explore Angolan Oil Block 87
6.4.7 Oct 09, 2008: Angola’s Oil Production Falls To 1.959 Million Bpd 87
6.4.8 Sep 23, 2008: Petrobras To Conduct Seismic Tests For Subsalt Oil Deposits In Angola 87
6.5 New Contracts Announcements 88
6.5.1 Dec 19, 2008: VetcoGray Signs $27 Million Contract In Angola 88
7 Appendix 90
7.1 Methodology 90
7.1.1 Coverage 90
7.1.2 Secondary Research 91
7.1.3 Primary Research 91
7.1.4 E&P Forecasts 92
7.1.5 Midstream Forecasts 93
7.1.6 Expert Panel Validation 93
7.2 Contact Us 94
7.3 About GlobalData 94
7.4 Disclaimer 94

1.1 List of Tables
Table 1: Angola, Oil and Gas, Key Statistics, 2008 9
Table 2: Angola, Total Crude Oil Production(MMBBLs), 2001-2008 10
Table 3: Angola, Total Natural Gas Production(MMcf), 2001-2008 11
Table 4: Angola, Crude Oil Production(MMBBLs),by Assets,2001-2008 12
Table 5: Angola, Natural Gas Production(MMcf),by Assets, 2001-2008 12
Table 6: Angola, Crude Oil Production(MMBBLs),by Company, 2001-2008 13
Table 7: Angola, Natural Gas Production(MMcf),by Company, 2001-2008 13
Table 8: Angola, Crude Oil Production(MMBBLs), Forecast by Assets, 2009-2014 14
Table 12: Angola, Natural Gas Production(MMcf), Forecast by Assets, 2009-2014 14
Table 9: Angola, Forecasted Crude Oil Assets-Wise Gross Revenue(000’$), 2009-2014 14
Table 10: Angola, Projected Crude Oil Assets-wise Government Take(000’$), 2009-2014 15
Table 11: Angola, Projected Crude Oil Assets-wise Contractor Take(000’$), 2009-2014 15
Table 13: Angola, Active Oil Field Assets Details 15
Table 14: Angola, Planned Oil Field Assets Details 16
Table 15: Angola, Total Active Exploration Blocks, 2001-2008 16
Table 16: Angola, Exploration Active Blocks by Company, 2001-2008 16
Table 17: Angola, Oil and Gas Exploration Details 17
Table 18:      ExxonMobil Corporation, Key Facts 19
Table 19:      ExxonMobil Corporation, SWOT Analysis 28
Table 20:      ExxonMobil Corporation, Revenue by Segment, USD Million, 2003-2007 35
Table 21:      ExxonMobil Corporation, Revenue by Geography, USD Million, 2003-2007 36
Table 22:      ExxonMobil Corporation, Financial Statements, USD Million, 2003-2007 37
Table 23:      ExxonMobil Corporation, Financial Ratios, USD Million, 2003-2007 38
Table 24: Eni S.p.A., Key Facts 39
Table 25:     Eni S.p.A., SWOT Analysis 51
Table 26:      Eni S.p.A., Revenue by Segment, Euro Million, 2003-2007 57
Table 27:      Eni S.p.A., Revenue by Geography, Euro Million, 2003-2007 58
Table 28:      Eni S.p.A., Financial Statements, Euro Million, 2003-2007 58
Table 29:      Eni S.p.A., Financial Ratios, Euro Million, 2003-2007 59
Table 30:      TOTAL S.A., Key Facts 60
Table 31:      TOTAL S.A., SWOT Analysis 70
Table 32:      TOTAL S.A., Revenue by Segment, Euro Million, 2003-2007 74
Table 33:      TOTAL S.A., Revenue by Geography, Euro Million, 2003-2007 75
Table 34:      TOTAL S.A., Financial Statements, Euro Million, 2003-2007 75
Table 35:      TOTAL S.A., Financial Ratios, Euro Million, 2003-2007 76

1.2 List of Figures
Figure 1:     Angola, Exploration and Production Assets Map, 2008 9
Figure 2:     Angola, Total Natural Gas Production(MMcf), 2001-2008 11
Figure 3: ExxonMobil Corporation, Value Chain Analysis 25
Figure 4:      Eni S.p.A., Value Chain Analysis 47
Figure 5:      TOTAL S.A., Value Chain Analysis 66
Figure 6: GlobalData Methodology 90

Angola 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 the gas industry in Angola. 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 gas assets (gas fields, pipelines, LNG terminals and underground gas storage facilities) in Angola. The report also analyses the fiscal regime relevant to the gas assets in Angola and compares the investment environment in Angola with other countries in the region. The profiles of the major companies operating in the gas sector in Angola 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 gas industry 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 Angola Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 for the period 1995-2020.
- Operator and equity details for major gas assets in Angola Gas 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 Angola Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020’s gas 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 Angola Gas 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 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.

TABLE OF CONTENTS :

1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 8
2 Angola Energy Sector 9
2.1 Angola Energy Sector, Market Overview 9
2.2 Angola Energy Sector, Natural Gas 10
2.2.1 Angola Natural Gas, Overview 10
2.2.2 Angola Natural Gas, Supply and Demand Balance 10
2.2.3 Angola Natural Gas Regulatory Structure 16
2.2.4 Angola Natural Gas, Infrastructure 17
3 Angola Fiscal Regime 18
3.1 Angola Petroleum Fiscal Environment 18
3.2 License Terms 18
3.3 Key Fiscal Terms 19
3.4 Sample Cashflows Calculations 23
4 Angola 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 Fiscal Flexibility 26
4.3.3 Maximum State Participation 27
4.3.4 Maximum Domestic Market Obligation 27
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 Gas 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 32
4.6 Socio-Political Performance 33
4.6.1 Democracy Index 34
4.6.2 Governance Index 34
5 Angola Exploration and Production Sector 35
5.1 Angola Exploration and Production Sector, Country Snapshot 35
5.1.1 Angola Exploration and Production Sector, Key Data 35
5.1.2 Angola Exploration and Production Sector, Natural Gas Assets Map 35
5.2 Angola Exploration and Production Sector, Marketed Natural Gas Production 36
5.2.1 Angola Exploration and Production Sector, Marketed Natural Gas-Historical Production 36
5.2.2 Angola Exploration and Production Sector, Marketed Natural Gas Production by Assets 37
5.2.3 Angola Exploration and Production Sector, Marketed Equity Weighted Natural Gas Production by Company 37
5.2.4 Angola Exploration and Production Sector, Market Share (%) based on Marketed Natural Gas Production 38
6 Angola Pipeline Sector 40
6.1 Angola Pipeline Sector, Key Data 40
6.2 Angola Pipeline Sector, An Overview 40
6.3 Angola Pipeline Sector, Comparision of Key Natural Gas Pipeline Companies 41
6.4 Angola Pipeline Sector, Natural Gas Pipelines 42
7 Profile of Total S.A. 43
7.1 Total S.A., Key Information 43
7.2 Total S.A., Company Overview 43
7.3 Total S.A., Business Description 43
7.3.1 Total S.A., Business Description, Business Overview 43
7.3.2 Total S.A., Business Description, Chemicals 44
7.3.3 Total S.A., Business Description, Downstream 45
7.3.4 Total S.A., Business Description, Upstream 46
7.3.5 Total S.A., Business Description, Major Products and Services 47
7.4 Total S.A., Value Chain Analysis 49
7.4.1 Total S.A., Value Chain Analysis, Upstream 50
7.4.2 Total S.A., Value Chain Analysis, Midstream 50
7.4.3 Total S.A., Value Chain Analysis, Downstream 51
7.4.4 Total S.A., Value Chain Analysis, Retail 52
7.5 Total S.A., SWOT Analysis 52
7.5.1 Total S.A., SWOT Analysis, Overview 52
7.5.2 Total S.A., SWOT Analysis, Strengths 53
7.5.3 Total S.A., SWOT Analysis, Weaknesses 54
7.5.4 Total S.A., SWOT Analysis, Opportunities 55
7.5.5 Total S.A., SWOT Analysis, Threats 56
7.6 Total S.A., Revenue Analysis 57
7.6.1 Total S.A., Revenue by Segment 57
7.6.2 Total S.A., Revenue by Geography 57
7.7 Total S.A., Financial and Operational Review 59
7.7.1 Financial Statements 59
7.7.2 Financial Ratios 60
8 Profile of Exxon Mobil Corporation 61
8.1 Exxon Mobil Corporation, Key Information 61
8.2 Exxon Mobil Corporation, Company Overview 61
8.3 Exxon Mobil Corporation, Business Description 61
8.3.1 Exxon Mobil Corporation, Business Description, Overview 61
8.3.2 Exxon Mobil Corporation, Business Description, Chemical 61
8.3.3 Exxon Mobil Corporation, Business Description, Downstream 63
8.3.4 Exxon Mobil Corporation, Business Description, Upstream 65
8.4 Exxon Mobil Corporation, Value Chain Analysis 67
8.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream 67
8.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 68
8.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 69
8.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail 69
8.5 Exxon Mobil Corporation, SWOT Analysis 69
8.5.1 Exxon Mobil Corporation, SWOT Analysis, Overview 69
8.5.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 70
8.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 72
8.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 74
8.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 75
8.6 Exxon Mobil Corporation, Revenue Analysis 77
8.6.1 Exxon Mobil Corporation, Revenue by Segment 77
8.6.2 Exxon Mobil Corporation, Revenue by Geography 77
8.7 Exxon Mobil Corporation, Financial and Operational Review 79
8.7.1 Financial Statements 79
8.7.2 Financial Ratios 80
9 Profile of Sonangol 81
9.1 Sonangal, Key Information 81
9.2 Sonangal, Company Overview 81
9.3 Sonangal, Business Description 81
9.3.1 Sonangal, Business Description, Business Overview 81
9.3.2 Sonangal, Business Description, Major Products and Services 83
9.4 Sonangal, SWOT Analysis 84
9.4.1 Sonangal, SWOT Analysis, Overview 84
9.4.2 Sonangal, SWOT Analysis,  Strengths 84
9.4.3 Sonangal, SWOT Analysis, Weaknesses 86
9.4.4 Sonangal, SWOT Analysis, Opportunities 86
9.4.5 Sonangal, SWOT Analysis, Threats 87
10 Recent Developments 89
10.1 License Rounds 89
10.1.1 May 07, 2008: Angola Prequalifies 40 Oil Companies Under New Licensing Round 89
10.2 License Awards 90
10.2.1 Jul 28, 2008: Marathon Receives Approval For Angola Block 31 Development Project 90
10.2.2 Jul 28, 2008: BP, Partners Get Nod To Develop Angola’s Block 31 90
10.2.3 Jul 05, 2008: OVL Qualifies To Bid As Operator For Angola Blocks 92
10.2.4 Jul 02, 2008: Angola To Resume Oil Licensing Round In Late 2009 93
10.3 Strategy and Business Expansion 93
10.3.1 Feb 09, 2009: Eni And Sonangol Sign Agreement To Jointly Evaluate Angolan Onshore Basins 93
10.3.2 Oct 05, 2008: ONGC To Explore Oil Blocks In Angola And Brazil 94
10.4 Recent Discoveries 94
10.4.1 Mar 03, 2009: BP Announces Oil Discovery In Ultra-Deep Water Block 31, Angola 94
10.4.2 Oct 15, 2008: BP Discovers Oil At Dione Well In Ultra Deepwater Block 31, Angola 95
10.4.3 Oct 14, 2008: Eni And Sonangol Encounter Oil At Ngoma-1 Well In Block 15/06 Offshore Angola 96
10.4.4 Aug 06, 2008: EnerGulf Updates On Kunene #1 Well, In Block 1711, Angola 96
10.4.5 Jun 06, 2008: ROC Discovers Oil In Coco-1 Exploration Well, Angola 97
10.4.6 May 05, 2008: Eni Announces Oil Discovery Offshore Angola 98
10.5 Drilling and Production Updates 98
10.5.1 Feb 17, 2009: VAALCO Provides Drilling Update 98
10.5.2 Feb 05, 2009: Chevron To Raise Daily Production To 620,000 Bpd With Tombua-Landana Field In Angola 100
10.5.3 Feb 05, 2009: BP Raises Production At Plutonio Oil Field In Angola 100
10.5.4 Nov 21, 2008: BP Angola’s Plutonio Oilfield Production Reduces To 200,000 B/D 100
10.5.5 Oct 08, 2008: Chevron To Rise Production From Angola Next Year 101
10.5.6 Oct 08, 2008: ROC Plugs And Abandons MAW-1 Well In Cabinda South Block, Onshore Angola 101
10.5.7 Sep 24, 2008: ROC Reaches Total Depth At Arroz-1 Well In Cabinda South Block, Angola 102
10.5.8 Sep 19, 2008: ROC Initiates Drilling At MAW-1 Well In Cabinda South Block, Onshore Angola 102
10.6 Other Significant Developments 102
10.6.1 Feb 20, 2009: Sao Tome And Principe To Sign Agreement With Sonangol 102
10.6.2 Jan 27, 2009: VAALCO Provides Operational Update 103
10.6.3 Jan 16, 2009: Angola To Raise Production Capacity At Block 17 In Zaire Province 104
10.6.4 Jan 09, 2009: Angola Produces 695 Million Barrels Of Oil In 2008 105
10.6.5 Jan 02, 2009: Angola Cuts Output To Follow OPEC’s Production Quotas 105
10.6.6 Nov 06, 2008: Odebrecht Oil & Gas To Invest $100 Million In 2009 To Explore Angolan Oil Block 106
10.6.7 Oct 09, 2008: Angola’s Oil Production Falls To 1.959 Million Bpd 106
10.6.8 Sep 23, 2008: Petrobras To Conduct Seismic Tests For Subsalt Oil Deposits In Angola 107
11 Appendix 108
11.1 Methodology 108
11.1.1 Coverage 108
11.1.2 Secondary Research 109
11.1.3 Primary Research 109
11.1.4 E&P Forecasts 110
11.1.5 Midstream Forecasts 111
11.1.6 Expert Panel Validation 111
11.2 Contact Us 112
11.3 About GlobalData 112
11.4 Disclaimer 112

1.1 List of Tables
Table 1:    Angola, Historical and Forecasted Production and Consumption of Natural Gas, 1996-2020 11
Table 2:    Angola, Historical and Forecasted Exports of Natural Gas, 1996-2020 13
Table 3:    Angola, Historical Reserves of Natural Gas, 1996-2008 15
Table 4: Angola, Crude Oil and Natural Gas, Profit Oil/Gas, 2007 20
Table 5:    Angola, Cabinda Centro Onshore Block, Profit Oil/Gas, 2007 21
Table 6:    Angola, KoN 11 and KON12 Kwanza Onshore Block 21
Table 7:    Angola, Block 9, Block 19, Block 20 and Block 21 21
Table 8:   Angola, Block 46, Block 47 and Block 48 22
Table 9: West Africa, Investment Benchmarking, Overall Country Rankings, 2008 24
Table 10: West Africa, Investment Benchmarking, Upstream Fiscal Attractiveness, 2008 25
Table 11: West Africa, Investment Benchmarking, Gas Sector Performance, 2008 27
Table 12: West Africa, Investment Benchmarking, Economic Performance, 2008 31
Table 13: West Africa, Country Standings, Economic Performance, 2008 31
Table 14: West Africa, Investment Benchmarking, Socio-Political Performance, 2008 33
Table 15: West Africa, Country Standings, Socio-Political Performance, 2008 33
Table 16: Angola, Natural Gas Key Statistics, 2008 35
Table 17: Angola, Total Marketed Natural Gas Production (MMcf), 2001-2008 36
Table 18: Angola, Marketed Natural Gas Production (MMcf), by Assets, 2001-2008 37
Table 19: Angola, Marketed Equity Weighted Natural Gas Production (MMcf), by Company, 2001-2008 37
Table 20: Angola, Market Share (%) based on Marketed Natural Gas Production, 2001-2008 38
Table 21: Angola, Pipeline Key Statistics, 2008 40
Table 22: Angola, Natural Gas Pipeline Length by Company (Km), 2008 41
Table 23: Angola, Natural Gas Pipelines, 2008 42
Table 24:      TOTAL S.A., Key Facts 43
Table 25:      TOTAL S.A., SWOT Analysis 53
Table 26:      TOTAL S.A., Revenue by Segment, Euro Million, 2003-2007 57
Table 27:      TOTAL S.A., Revenue by Geography, Euro Million, 2003-2007 58
Table 28:      TOTAL S.A., Financial Statements, Euro Million, 2003-2007 59
Table 29:      TOTAL S.A., Financial Ratios, Euro Million, 2003-2007 60
Table 30:      Exxon Mobil Corporation, Key Facts 61
Table 31:      Exxon Mobil Corporation, SWOT Analysis 70
Table 32:      Exxon Mobil Corporation, Revenue by Segment, USD Million, 2003-2007 77
Table 33:      Exxon Mobil Corporation, Revenue by Geography, USD Million, 2003-2007 78
Table 34:      Exxon Mobil Corporation, Financial Statements, USD Million, 2003-2007 79
Table 35:      Exxon Mobil Corporation, Financial Ratios, USD Million, 2003-2007 80
Table 36: Sonangol, Key Facts 81
Table 37: Sonangol, SWOT Analysis 84

1.2 List of Figures
Figure 1: Angola, Energy Sector Break-Up, 2008 9
Figure 2: Angola, Natural Gas Production And Consumption (Billion Cubic Feet), 1996-2020 12
Figure 3: Angola, Historical and Forecasted Exports of Natural Gas, 1996-2020 14
Figure 4: Angola, Natural Gas Reserves (Billion Cubic Feet), 1996-2020 16
Figure 5: West Africa, Country Standings, Upstream Fiscal Attractiveness, 2008 26
Figure 6: West Africa, Country Standings, Gas Sector Performance, by Reserves-Exploration & Production, 2008 28
Figure 7: West Africa, Country Standings, Gas Sector Performance, by Production & Consumption, 2008 29
Figure 8: West Africa, Country Standings, Exploration Blocks Awarded, 2008 30
Figure 9: West Africa, Country Standings, Economic Performance, 2008 32
Figure 10: West Africa, Country Standings, Socio-Political Performance, 2008 34
Figure 11:      Angola, Natural Gas Assets Map, 2008 35
Figure 12:      Angola, Total Marketed Natural Gas Production (MMcf), 2001-2008 36
Figure 13: Angola, Marketed Equity Weighted Natural Gas Production (MMcf), by Company, 2001-2008 38
Figure 14: Angola, Market Share (%) based on Marketed Natural Gas Production, 2008 39
Figure 15: Angola, Natural Gas Pipeline Length by Company (Km), 2008 41
Figure 16:      TOTAL S.A., Value Chain Analysis 49
Figure 17: Exxon Mobil Corporation, Value Chain Analysis 67
Figure 18: GlobalData Methodology 108