1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Angola Oil and Gas Report Q4 2016

Angola Oil and Gas Report Q4 2016

  • August 2016
  • -
  • Business Monitor International
  • -
  • 85 pages

Includes 3 FREE quarterly updates



BMI View:
Angola's oil production is forecast to remain strong and unaffected by low oil prices, withoutput rising up until 2018. Post-2018, oil production will fall off due to a steep decline in rates on maturefields and no new projects forecast to counteract the declines. However, with plenty of pre-FID projects inthe pipeline and a strong oil major presence, oil production risks lie to the upside. Gas production willremain limited throughout our forecast with weak domestic demand, but will benefit from the ALNG comingback online after two years of closure. The downstream outlook is bleak, as we have removed one of the twoplanned refineries from our forecast due to a lack of progress and the poor financial position of Sonangol.Latest Updates And Key Trends

- Angola will see continued exploration of its prospective offshore waters. However, we expect aslowdown in high-cost, high-risk ultra-deepwater and pre-salt drilling as companies look to rein in capitalexpenditure and exercise tighter fiscal discipline.

- Cobalt's Zalophus-1 exploration well in Block 20, discovered a total of 570mn barrels of equivalent(boe), comprising 139mn barrels of condensate and 2.5 trillion cubic feet (tcf) of gas. The discovery isCobalt's sixth pre-salt discovery offshore Angola and its third discovery in block 20. However, despitethis remarkable run of exploration success, the Houston based company is in negotiations with Sonangolto sell its stake in the block, a possible sign of above-ground issues.

- BP made a sizable discovery in Block 24, totalling 1.7bn boe, that comprises 280mn barrels ofcondensate and 8tcf of gas.

- Isabella dos Santos has taken over as head of Sonangol, pledging to clean up the state oil company,making it more transparent and efficient while healing ties with international oil companies operating inAngola.

Table Of Contents

Angola Oil and Gas Report Q4 2016
BMI Industry View 7
Table: Headline Forecasts (Angola 2014-2020) 7
SWOT 9
Industry Forecast 10
Upstream Exploration 10
Latest Updates 10
Structural Trends 10
Upstream Projects 12
Table: Angola's Major Upstream Projects 12
Upstream Production - Oil 19
Latest Updates 19
Structural Trends 19
Table: Angola Key Projects Pre-FID 21
Table: Oil Production (Angola 2014-2019) 23
Table: Oil Production (Angola 2020-2025) 23
Upstream Production - Gas 24
Latest Updates 24
Structural Trends 24
Table: Gas Production (Angola 2014-2019) 27
Table: Gas Production (Angola 2020-2025) 27
Refining 27
Latest Updates 27
Structural Trends 27
Table: Refining Capacity and Refined Products Production (Angola 2014-2019) 28
Table: Refining Capacity and Refined Products Production (Angola 2020-2025) 29
Gas Consumption 29
Latest Updates 29
Structural Trends 29
Table: Gas Consumption (Angola 2014-2019) 31
Table: Gas Consumption (Angola 2020-2025) 31
Trade - Oil 31
Latest Updates 31
Structural Trends 31
Crude Oil Trade Forecasts 31
Table: Crude Oil Net Exports (Angola 2014-2020) 33
Table: Crude Oil Net Exports (Angola 2020-2025) 33
Fuels Trade Forecasts 33
Table: Refined Fuels Net Exports (Angola 2014-2019) 35
Table: Refined Fuels Net Exports (Angola 2020-2025) 35
Trade - Gas (Pipeline And LNG) 35
Latest Updates 35
Structural Trends 35
Table: Gas Net Exports (Angola 2014-2019) 38
Industry Risk Reward Index 39
Africa - Oil and Gas Risk/Reward Index 39
Table: BMI Africa Oil and Gas Risk/Reward Index 39
Above-Ground Risks Dulling Below-Ground Potential 42
Table: BMI Africa Upstream Risk/Reward Index 42
Downstream Sector Holds Limited Opportunity 45
Table: BMI Africa Downstream Risk/Reward Index 45
Angola - Risk/Reward Index 47
Upstream Index - Overview 47
Downstream Index - Overview 47
Market Overview 48
Angola Energy Market Overview 48
Fiscal Regime 48
Table: Angola MPSA Main Fiscal Terms 48
Licensing Regime 49
Table: Angola MPSA Main Contract Terms 49
Licensing Rounds 49
Table: Angola 2015 Onshore Bid Round 49
Oil And Gas Infrastructure 50
Oil Refineries 50
Table: Angola Oil Refineries 50
Oil Storage Facilities 50
Table: Angola Onshore Oil Storage Facilities 50
Oil Trade Facilities 51
Table: Angola Oil Trade Facilities 51
LNG Terminals 52
Table: Angola LNG Terminals 52
Competitive Landscape 53
Competitive Landscape Summary 53
Table: Key Players In Angola's Oil and Gas Sector 54
Table: Key Upstream Players 54
Table: Key Downstream Players 55
Company Profile 56
Sonangol 56
Latest Updates 56
Table: Major Upstream Assets In Angola 57
BP Angola 58
Table: Major Upstream Assets In Angola 59
Table: Key Financial Data (USDmn) 59
Chevron 60
Latest Updates 60
Table: Major Projects In Angola 61
Table: Key Financial Data (USDmn) 61
Eni Angola Production 62
Latest Updates 62
Table: Major Assets In Angola 63
Table: Key Financial Data (USDmn) 63
Esso Exploration Angola 64
Latest Updates 64
Table: Key Assets In Angola 65
Table: Key Financial Data (USDmn) 65
Total Exploration Angola 66
Latest Updates 66
Table: Key Assets In Angola 67
Table: Key Financial Data (USDmn) 67
Regional Overview 68
Africa - Bullish Gas, Bearish Oil 68
Table: Africa Oil and Gas Production, Consumption, Refining Capacity And Trade 77
Glossary 78
Table: Glossary Of Terms 78
Methodology 80
Industry Forecast Methodology 80
Source 82
Risk/Reward Index Methodology 82
Table: Bmi's Oil and Gas Upstream Risk/Reward Index 84
Table: Weighting 85

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global Oil and Gas Pipelines Industry Outlook to 2020 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Pipelines

Global Oil and Gas Pipelines Industry Outlook to 2020 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Pipelines

  • $ 8 000
  • Industry report
  • June 2016
  • by Global Data

Global Oil and Gas Pipelines Industry Outlook to 2020 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Pipelines Summary "Global Oil and Gas Pipelines Industry Outlook ...

LNG Yearbook 2016: The Ultimate Guide to Liquefied Natural Gas Infrastructure 2016-2026

LNG Yearbook 2016: The Ultimate Guide to Liquefied Natural Gas Infrastructure 2016-2026

  • $ 6 599
  • Industry report
  • May 2016
  • by Visiongain

Report Details The definitive LNG Yearbook 2016 is the ultimate reference source for the liquefied natural gas industry. The yearbook indicates that the global LNG infrastructure market including large ...

Corrosion Monitoring Market by Type Technique, End-Use Industry - Global Forecast to 2021

Corrosion Monitoring Market by Type Technique, End-Use Industry - Global Forecast to 2021

  • $ 5 650
  • Industry report
  • September 2016
  • by MarketsandMarkets

“Global corrosion monitoring market projected to register a CAGR of 9.1%” The corrosion monitoring market size is estimated to reach USD 297.8 million by 2021, at a CAGR of 9.1% between 2016 and 2021. ...


ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.