1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Norway Gas Markets, 2013

Norway Gas Markets, 2013

  • June 2013
  • -
  • Global Data
  • -
  • 112 pages

Norway Gas Markets, 2013

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 Norway. 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 and LNG terminals) in Norway. The report compares the investment environment in Norway with other countries in the region. The profiles of the major companies operating in the natural gas sector in Norway 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 2000-2020.
- Historical and forecast data and information for all the major gas fields, (Liquified Natural Gas) LNG Terminals and pipelines in Norway for the period 2005-2017.
- Operator and equity details for major natural gas assets in Norway.
- Key information relating to market regulations, key energy assets and the key companies operating in the Norway’s energy industry.
- Information on the top companies in the Norway including business description, strategic analysis, and financial information.
- Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
- Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.

Reasons to buy

- Gain a strong understanding of the country’s energy market.
- Facilitate market analysis and forecasting of future industry trends.
- Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
- Assess your competitor’s major 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

Norway Gas Markets, 2013
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 6
1.2 List of Figures 8
2 Norway Energy Sector 9
2.1 Norway Energy Sector, Market Overview 9
2.2 Norway Energy Sector, Natural Gas 9
2.2.1 Norway Natural Gas, Overview 9
2.2.2 Norway Natural Gas, Supply and Demand Balance 10
2.2.3 Norway Natural Gas, Regulatory Structure 15
2.2.4 Norway Natural Gas, Infrastructure 16
3 Norway Gas Upstream Investment Environment Benchmarking 17
3.1 Introduction 17
3.2 The Overall Ranking 17
3.3 Upstream Fiscal Attractiveness 18
3.3.1 Maximum Government Take 19
3.3.2 Fiscal Flexibility 19
3.3.3 Maximum State Participation 19
3.4 Gas Sector Performance 20
3.4.1 Exploration Activity 22
3.4.2 Gas Production 23
3.4.3 Gas Reserves 23
3.4.4 Gas Consumption 23
3.5 Economic Performance 24
3.5.1 GDP Growth Index 25
3.5.2 FDI Confidence Index 25
3.5.3 Balance of Trade Index 26
3.6 Socio-Political Performance 26
4 Norway Exploration and Production Sector 29
4.1 Norway Exploration and Production Sector, Country Snapshot 29
4.1.1 Norway Exploration and Production Sector, Key Data 29
4.1.2 Norway Exploration and Production Sector, Natural Gas Assets Map 29
4.1.3 Norway Exploration and Production Sector, Marketed Natural Gas-Historical Production by Type 30
4.1.4 Norway Exploration and Production Sector, Marketed Natural Gas Production by Assets 31
4.1.5 Norway Exploration and Production Sector, Market Share based on Marketed Natural Gas Production 32
4.2 Norway Exploration and Production Sector, Production Forecast 34
4.2.1 Norway Exploration and Production Sector, Marketed Natural Gas Production Forecast 34
4.3 Norway Exploration and Production Sector, Natural Gas Asset Details 35
4.3.1 Norway Exploration and Production Sector, Active Natural Gas Asset Details 35
4.3.2 Norway Exploration and Production Sector, Planned Natural Gas Asset Details 38
4.4 Norway Exploration and Production Sector, Major Gas Discoveries 39
4.4.1 Norway Exploration and Production Sector, Number of Gas Discoveries 39
4.4.2 Norway Exploration and Production Sector, Gas Discovery Details 40
4.5 Norway Exploration and Production Sector, Recent Discoveries 42
4.5.1 May 06, 2013: Lundin Norge Discovers Oil At Well 16/4-6 S In Edvard Grieg Field, North Sea 42
4.5.2 Apr 25, 2013: Statoil Petroleum Discovers Oil At 34/10-A-8 Well In Production License 050, North Sea 42
4.5.3 Apr 19, 2013: Statoil And Petoro Significant Gullfaks Discovery In Norway 43
4.5.4 Apr 09, 2013: Det norske Confirms Oil At 16/2-17S Appraisal Well In PL 265, Norway 43
4.5.5 Apr 08, 2013: Lundin Petroleum Discovers Oil At Luno II Prospect In PL 359, Norwegian North Sea 44
4.6 Norway Exploration and Production Sector, Drilling and Production Updates 44
4.6.1 May 15, 2013: NPD Announces Production Figures For April 2013 44
4.6.2 May 13, 2013: Ithaca Energy Commences Drilling 7225/3-2 Appraisal Well On Norvarg Discovery In PL535, Norway 44
4.6.3 May 10, 2013: Noreco Produces 4,928boe In April 2013 45
4.6.4 May 10, 2013: North Energy Announces Spudding Of 2/1-16 S Well At Frode Oil Prospect In North Sea 46
4.6.5 May 08, 2013: Rocksource Completes Drilling 26/5-1 Well In Production License 506 S, Norway 46
5 Norway FPSO Industry 47
5.1 Norway FPSO Industry, FPSO Capacity Details by Vessel 47
5.2 Norway FPSO Industry, FPSO Vessel Specifications 47
6 Norway Pipeline Sector 48
6.1 Norway Pipeline Sector, Key Data 48
6.2 Norway Pipeline Sector, An Overview 48
6.3 Norway Pipeline Sector, Comparison of Key Natural Gas Pipeline Companies 48
6.4 Norway Pipeline Sector, Natural Gas Pipelines 50
7 Norway LNG Sector 52
7.1 Norway LNG Sector, Key Data 52
7.2 Norway LNG Sector, Liquefaction 52
7.2.1 Norway LNG Sector, Liquefaction, Total Liquefaction Capacity 52
7.2.2 Norway LNG Sector, Liquefaction, Capacity Market Share by Company 53
7.2.3 Norway LNG Sector, Liquefaction, Asset Wise Capacity 54
8 Profile of Statoil ASA 55
8.1 Statoil ASA, Key Information 55
8.2 Statoil ASA, Company Overview 55
8.3 Statoil ASA, Business Description 55
8.3.1 Business Overview 55
8.3.2 Development and Production Norway 57
8.3.3 Fuel and Retail 57
8.3.4 Marketing, Processing and Renewable Energy 58
8.4 Statoil ASA, SWOT Analysis 58
8.4.1 Overview 58
8.4.2 Statoil ASA Strengths 59
8.4.3 Statoil ASA Weaknesses 60
8.4.4 Statoil ASA Opportunities 60
8.4.5 Statoil ASA Threats 62
9 Profile of Petoro AS 64
9.1 Petoro AS, Key Information 64
9.2 Petoro AS, Company Overview 64
9.3 Petoro AS, Business Description 64
9.3.1 Overview 64
10 Profile of Total S.A. 66
10.1 Total S.A., Key Information 66
10.2 Total S.A., Company Overview 66
10.3 Total S.A., Business Description 67
10.3.1 Business Overview 67
10.3.2 Marketing and Services 68
10.3.3 Refining and Chemicals 70
10.3.4 Upstream 72
10.4 Total S.A., SWOT Analysis 74
10.4.1 Overview 74
10.4.2 Total S.A. Strengths 75
10.4.3 Total S.A. Weaknesses 79
10.4.4 Total S.A. Opportunities 80
10.4.5 Total S.A. Threats 82
11 Financial Deals Landscape 84
11.1 Detailed Deal Summary 84
11.1.1 Acquisition 84
11.1.2 Equity Offerings 86
11.1.3 Debt Offerings 89
11.1.4 Asset Transactions 93
12 Recent Developments 103
12.1 License Rounds 103
12.1.1 Apr 22, 2013: Norway Proposes To Open Petroleum Activities In South-eastern Barents Sea 103
12.1.2 Feb 15, 2013: Norway Launches Licensing Round For Mature Areas 103
12.2 Strategy and Business Expansion 104
12.2.1 Mar 15, 2013: KGOC Opens New Base In Norway 104
12.2.2 Mar 12, 2013: SBM Offshore And Talisman Energy To Terminate YME MOPUstor Project 104
12.3 Other Significant Developments 105
12.3.1 May 14, 2013: BG Group Announces Strategy Update 105
12.3.2 May 14, 2013: PSA Conducts Audit Of Ekofisk 2/4-C And ConocoPhillips 107
12.3.3 May 14, 2013: Det norske Provides Update On 16/2-17 S Appraisal Well In PL 265 Johan Sverdrup Discovery Offshore Norway 108
12.4 New Contracts Announcements 108
12.4.1 Feb 22, 2013: DOF Subsea Wins Contract From Statoil Petroleum For Mooring Installation 108
12.4.2 Jan 21, 2013: Fabricom Wins Contract From Marathon Oil To Provide Maintenance And Modification Services For Alvheim FPSO Operations 109
12.4.3 Jan 15, 2013: Cryonorm Systems Receives Order From Skangass To Install LNG Bunkering System 109
13 Appendix 110
13.1 Abbreviations 110
13.2 Methodology 110
13.2.1 Coverage 110
13.2.2 Secondary Research 111
13.2.3 Primary Research 111
13.3 Contact Us 111
13.4 Disclaimer 112

List of Tables

Table 1: Norway, Historical and Forecast Production and Consumption of Natural Gas, bcf, 2000-2020 10
Table 2: Norway, Historical and Forecast Export of Natural Gas, bcf, 2000-2020 12
Table 3: Norway, Historical Reserves of Natural Gas, tcf, 2000-2013 14
Table 4: Western Europe, Investment Benchmarking, Overall Country Rankings, May 2013 17
Table 5: Western Europe, Investment Benchmarking, Upstream Fiscal Attractiveness, May 2013 18
Table 6: Western Europe, Investment Benchmarking, Gas Sector Performance, May 2013 20
Table 7: Western Europe, Investment Benchmarking, Economic Performance, May 2013 24
Table 8: Western Europe, Country Standings, Economic Performance, by GDP Growth - FDI Confidence and Production Indices, May 2013 24
Table 9: Western Europe, Investment Benchmarking, Socio-Political Performance, May 2013 26
Table 10: Western Europe, Country Standings, Socio-Political Performance by Exploration Growth- FDI Confidence and Governance Indices, May 2013 27
Table 11: Norway, Key Statistics, 2013 29
Table 12: Norway, Marketed Natural Gas Production (%) by Type, 2003-2012 30
Table 13: Norway, Marketed Natural Gas Production (mmcf), by Assets, 2003-2012 31
Table 14: Norway, Market Share (%) based on Marketed Natural Gas Production, 2003- 2012 32
Table 15: Norway, Marketed Natural Gas Production (mmcf), Forecast by Assets, 2013- 2017 34
Table 16: Norway, Active Gas Field Assets Details 35
Table 17: Norway, Planned Gas Field Assets Details 38
Table 18: Norway, Number of Natural Gas Discoveries, 2007-2012 39
Table 19: Norway, Natural Gas Discovery Details, 2007-2012 40
Table 20: Norway, Natural Gas Discovery Details, 2007-2012 (Contd.1) 41
Table 21: Norway FPSO Industry, FPSO Gas Production Capacities, May 2013 47
Table 22: Norway FPSO Industry, FPSO Vessel Specifications, May 2013 47
Table 23: Norway, Pipeline Key Statistics, May 2013 48
Table 24: Norway, Natural Gas Pipeline Length by Company (km), May 2013 48
Table 25: Norway, Natural Gas Pipelines, May 2013 50
Table 26: Norway, Natural Gas Pipelines, May 2013 (Contd.1) 51
Table 27: Norway, LNG Key Statistics, May 2013 52
Table 28: Norway, Total Liquefaction Capacity (mmty), 2005- 2017 52
Table 29: Norway, Liquefaction Capacity by Company (mmty), 2005-2017 53
Table 30: Norway, Liquefaction Capacity (mmty), 2005-2017 54
Table 31: Statoil ASA, Key Facts 55
Table 32: Statoil ASA, SWOT Analysis 59
Table 33: Petoro AS, Key Facts 64
Table 34: Total S.A., Key Facts 66
Table 35: Total S.A., SWOT Analysis 75
Table 36: Kufpec To Acquire Norske AEDC, Oil And Gas Company, From Arabian Oil Company 84
Table 37: Larsen Oil and Gas Completes Acquisition Of Additional 7.1% Stake In Rocksource For US$1.4 million (MM) 85
Table 38: Norse Energy Plans Rights Offering Of Shares For US$10 Million 86
Table 39: InterOil Completes Public Offering Of Shares For US$0.71 Million 87
Table 40: InterOil Completes Private Placement Of Shares For US$34.8 Million 88
Table 41: Statoil Prices Public Offering Of 1.15% Notes Due 2018 For US$750 Million 89
Table 42: Statoil Prices Public Offering Of Floating Rate Notes Due 2018 For US$500 Million 90
Table 43: Statoil Prices Public Offering Of 2.65% Notes Due 2024 For US$900 Million 91
Table 44: Statoil Prices Public Offering Of 3.95% Notes Due 2043 For US$850 Million 92
Table 45: Total To Acquire 10% Interest In License PL395 In Central Barents Sea, Norway, From Statoil In Swap Transaction 93
Table 46: Statoil To Acquire 10% Interest In License PL535 In Central Barents Sea, Norway, From Total In Swap Transaction 94
Table 47: Total EandP Norge To Acquire 10% Interest In License 535 In Central Barents Sea, Norway, From Det norske In Swap Transaction 95
Table 48: Det norske To Acquire 62.13% Interest In License 026D In North Sea, Norway, From Total EandP Norge In Swap Transaction 96
Table 49: Spike Exploration To Acquire 10% Working Interest Each In PL 299 And PL 590, Norwegian North Sea, From North Energy 97
Table 50: Spike Exploration Acquires 30% Interest In Offshore PL 586, Norwegian Continental Shelf 98
Table 51: Lime Petroleum Norway To Acquire Interests In Six Production Licenses Offshore Norway From North Energy For US$4.9 Million 99
Table 52: Petrolia Norway To Acquire 10% Interest In PL 628, Offshore Norway, From Statoil 100
Table 53: Faroe Petroleum Acquires 25% Interest In Pil Prospect In Norwegian Sea From VNG Norge 101
Table 54: Explora Petroleum To Acquire 20% Interest In PL484, Offshore Norway, From E.ON EandP Norge 102

List of Figures

Figure 1: Norway, Primary Energy Consumption, break-up (%), 2012 9
Figure 2: Norway, Natural Gas Production And Consumption, bcf, 2000-2020 11
Figure 3: Norway, Natural Gas Exports, bcf, 2000-2020 13
Figure 4: Norway, Natural Gas Reserves, tcf, 2000-2013 15
Figure 5: Western Europe, Country Standings, Upstream Fiscal Attractiveness, May 2013 19
Figure 6: Western Europe, Country Standings, Gas Sector Performance, by Reserves-Exploration and Production, May 2013 21
Figure 7: Western Europe, Country Standings, Gas Sector Performance by Production and Consumption, May 2013 22
Figure 8: Western Europe, Country Standings, Number of Exploration Blocks Awarded, 2008 - 2012 23
Figure 9: Western Europe, Country Standings, Economic Performance, by GDP Growth-FDI Confidence and Production Indices, May 2013 25
Figure 10: Western Europe, Country Standings, Socio-Political Performance, by Exploration Growth-FDI Confidence and Governance Indices, May 2013 27
Figure 11: Norway, Natural Gas Assets Map, May 2013 29
Figure 12: Norway, Marketed Natural Gas Production (%) by Type, 2003-2012 30
Figure 13: Norway, Market Share (%) based on Marketed Natural Gas Production, 2012 33
Figure 14: Norway, Number of Natural Gas Discoveries by Year, 2007-2012 39
Figure 15: Norway, Comparison of Key Natural Gas Pipeline Companies (km), May 2013 49
Figure 16: Norway, Total Liquefaction Capacity (mmty), 2005- 2017 52
Figure 17: Norway, Liquefaction Capacity by Company (mmty), 2005-2017 53

Companies Mentioned
Statoil ASA
Petoro AS
Total S.A.

View This Report »

Find all the market research you need - instantly, in one place.

+1.2 Million Research Documents & Statistics +200,000 Trusted Public Sources 350 Industries With Global Coverage

24/7 Customer Support

Talk to Louis

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers

Natural Gas Refueling Infrastructure Market, by Station Type  - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2014 – 2022

Natural Gas Refueling Infrastructure Market, by Station Type - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2014 – 2022

  • $ 4 795
  • Industry report
  • July 2015
  • by Transparency Market Research

This research study analyzes the market for natural gas refueling infrastructure in terms of volume and revenue. The natural gas refueling infrastructure market has been segmented on the basis of station ...

Natural Gas Generator Sets: Reciprocating Internal Combustion Engines for Continuous, Prime, and Standby/Backup Power: Global Market Analysis and Forecasts

Natural Gas Generator Sets: Reciprocating Internal Combustion Engines for Continuous, Prime, and Standby/Backup Power: Global Market Analysis and Forecasts

  • $ 4 600
  • Industry report
  • April 2015
  • by Navigant Research

Natural gas (NG) generator sets (gensets) are reciprocating internal combustion engines that are used worldwide for distributed power production. Despite a short-term slowdown due to volatility in the ...

The Future of FSU LNG Markets to 2020- Supply, Demand, Capacity, Projects, FLNG, Technology, Investments, Contracts and Competition Outlook

The Future of FSU LNG Markets to 2020- Supply, Demand, Capacity, Projects, FLNG, Technology, Investments, Contracts and Competition Outlook

  • $ 4 500
  • Industry report
  • July 2015
  • by LNGANALYSIS

“The Future of FSU LNG Markets to 2020” is a complete research and outlook report on FSU LNG infrastructure, trade, investments, capacity, planned projects, technology, contracts, companies and market ...


ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.