The report provides a detailed analysis of the current and future capital expenditure position of national oil firms, as well as for integrated, and independent oil and gas firms . It details information and analysis of capital expenditure across the entire value chain of the global oil and gas market . It also provides detailed data on oil and gas capital expenditure across various regions – North America, South and Central America, Europe, the Middle East and Africa and Asia-Pacific. The report also covers the planned oil and gas projects in upstream, refining, pipeline, liquefied natural gas (LNG) and petrochemicals.
Scope of the Research
The report provides in-depth analysis and insights into the oil and gas segment ’s capital expenditure outlook for 2011. Its
Scope of the Research includes:
- Key findings and analysis of capital expenditure trend in oil and gas segment .
- Historic and projection capital expenditure information from 2006 to 2011.
- Information and analysis of capital expenditure across all oil and gas sectors – upstream, midstream and downstream.
- Information on capital expenditure by region – North America, Asia-Pacific, South and Central America, Africa and the Middle East, and Europe.
- Information on capital expenditure by industry player type – National Oil Firms, Integrated and Independent firms .
- Information on major planned oil and gas projects in the upstream, refining, pipeline, LNG and petrochemicals segments .
Why Should You Get This Report?
The report will enhance your decision making capability. It will allow you to
- Understand global oil and gas segment ’s spending trends in 2011.
- Keep abreast of information and in-depth analysis of global oil and gas industry capital expenditure outlook in 2011
- Formulate your strategies based on analysis of your competitors’ capital expenditure plans
- Benchmark against operations and competitive strategies of the NOCs and IOCs worldwide
- Devise strategies to safeguard your interests based on insights on the strategies of NOCs and IOCs and their impact on the global oil and gas market .
Global Oil And Gas Energy Industry
1 Table of Contents 3
I. 1 List of Data tables 4
I. 2 List of Charts 5
II Introduction 6
II. 1 Overview 6
II. 2 GlobalData Report Guidance 7
3 World Oil and Gas Capital Expenditure Will Continue to Rise in 2011 8
III. 1 Oil and Gas Spending Up by 14% in 2010 8
III. 2 World Oil and Gas Segment Spending to Rise by 15% in 2011 10
III. 3 Capex Growth in 2011 to be Driven by NOCs and Integrated Oil and Gas Firms 12
III. 4 Brazil to Transform Itself into an Emerging, World Crude Oil Supplier 14
III. 5 World Offshore Drilling Spend Continues to Rise 18
III. 6 Recovery of Canadian Oil Sands to Continue in 2011 19
III. 7 Oil and Gas Discoveries Continue to Increase Across the Globe 22
III. 8 Increasing Deal Activity in the Oil and Gas Market 24
IV Capital Expenditure by Oil and Gas Segment 27
IV. 1 Exploration/Production Segment 27
IV. 2 Midstream and Downstream Segment 28
V Capital Expenditure by Region 30
V. 1 North America 30
V. 2 South and Central America 31
V. 3 Europe 32
V. 4 Middle East and Africa 33
V. 5 Asia-Pacific 34
VI Capital Expenditure by Oil and Gas Firms 35
VI. 1 National Oil Firms 35
VI. 2 Integrated Firms 37
VI. 3 Independent Firms 38
VII Major Planned Oil and Gas Projects in 2011 40
VII. 1 Upstream Projects 40
VII. 2 Refining Projects 42
VII. 3 Pipeline Projects 44
VII. 4 LNG Projects 45
VII. 5 Petrochemical Projects 46
VII. 5.1 Polypropylene Projects 46
VII. 5.2 Polyethylene Projects 47
VIII Factors Leading to Rise in Oil and Gas Capital Expenditure in 2011 48
VIII. 1 Stabilized Crude Oil Prices Leading to Increased Spending in Oil and Gas 48
VIII. 1.1 The US and Emerging Countries’ Gross Domestic Product 48
VIII. 1.2 Expected Consumption of Crude Oil Worldwide 48
VIII. 1.3 OPEC Outlook 48
VIII. 2 Improving Oil Demand and Refining March gins are Driving the Growth in World Capital Expenditure 49
VIII. 3 Improving Economic Outlook Driving the Growth in Oil and Gas Spending 51
IX Appendix 52
IX. 1 Abbreviations 52
IX. 2 Methodology 53
IX. 2.1 Secondary Research 53
IX. 2.2 Primary Research 53
IX. 3 Contact Us 53
IX. 4 Disclaimer 54
1.1 List of Data tables
Data table 1: Oil and Gas Spending ($bn), from 2006 to 2010 8
Data table 2: Oil and Gas Spending, by Region ($bn), from 2006 to 2010 9
Data table 3: Oil and Gas Spending, by Firms Type ($bn), 2011 10
Data table 4: Oil and Gas Spending and Growth Rate, by Firms Type ($bn), 2011 11
Data table 5: Oil and Gas Spending, by National Oil Firms ($bn), 2006–2011 12
Data table 6: Oil and Gas Spending, by Integrated Oil and Gas Firms ($bn), 2006–2011 13
Data table 7: Major Oil and Gas Discoveries, Brazil, 2010 15
Data table 8: Offshore Drilling Spend ($bn), Global, 2000–2011 19
Data table 9: Major Planned Upstream Oil Sands Projects in Canada, 2011 20
Data table 10: Average Crude Oil Prices, Global, 2010 21
Data table 11: Number of Oil and Gas Discoveries by Key Countries, 2010 22
Data table 12: Oil and Gas Deals by Market, Number Of Deals, Q1 2009 – Q4 2010 24
Data table 13: Oil and Gas Deals by Market, Deal Value, 2009Q1–2010Q4 25
Data table 14: Top 10 Merger and Acquisition Deal by Deal Value, from 2007 to 2009 25
Data table 15: Exploration and Production (E&P) Segment, Capital Expenditure ($bn), from 2006 to 2011 27
Data table 16: Midstream and Downstream Segment, Capital Expenditure ($bn), from 2006 to 2011 29
Data table 17: Oil and Gas Capital Expenditure ($bn), North America, from 2007 to 2011 30
Data table 18: Oil and Gas Capital Expenditure ($bn), South and Central America, from 2007 to 2011 31
Data table 19: Oil and Gas Capital Expenditure ($bn), Europe, 2007–2011 32
Data table 20: Oil and Gas Capital Expenditure ($bn), Middle East and Africa, 2007–2011 33
Data table 21: Oil and Gas Capital Expenditure ($bn), Asia-Pacific, from 2007 to 2011 34
Data table 22: National Oil Firms, Oil and Gas Capital Expenditure ($bn), from 2006 to 2011 35
Data table 23: Integrated Firms, Oil and Gas Capital Expenditure ($bn), 2006–2011 37
Data table 24: Independent Firms, Oil and Gas Capital Expenditure ($bn), 2006–2011 38
Data table 25: Major Planned Exploration and Production (E&P) Projects, Global, 2011–2018 41
Data table 26: Top 10 Planned Refineries, Global, 2010–2013 43
Data table 27: Pipeline Market, Top 10 Planned Pipelines, Global, from 2011 to 2020 44
Data table 28: LNG Market, Top 10 Planned LNG Liquefaction Terminals, Global, 2011–2015 45
Data table 29: LNG Market, Top 10 Planned Regasification Terminals, Global, 2011–2015 45
Data table 30: Planned PolyPropylene Projects, Global, 2011 Startup 46
Data table 31: Planned Polyethylene Projects, Global, 2011 Startup 47
Data table 32: Crude Oil and Natural Gas Average Prices, 2010–2014 48
Data table 33: Crude Oil Demand (Billion Barrels), Global, from 2009 to 2015 49
1.2 List of Charts
Chart 1: Oil and Gas Spending ($bn), from 2006 to 2010 8
Chart 2: Oil and Gas Spending, by Region ($bn), from 2006 to 2010 9
Chart 3: Oil and Gas Spending, by Firms Type ($bn), 2011 10
Chart 4: Oil and Gas Spending and Growth Rate, by Firms Type ($bn), 2011 11
Chart 5: Oil and Gas Spending, by National Oil Firms ($bn), 2006–2011 12
Chart 6: Oil and Gas Spending, by Integrated Oil and Gas Firms ($bn), 2006–2011 13
Chart 7: Increasing Oil Exports (Thousand Barrels Per Day), Brazil, from 2000 to 2020 17
Chart 8: Offshore Drilling Spend, Global, Spend by Region ($bn), 2000–2011 18
Chart 9: Crude Oil Prices ($/bbl), Global, 2010 21
Chart 10: Number of Oil and Gas Discoveries by Key Countries, 2010 22
Chart 11: Oil and Gas Discoveries by Top Operators, 2010 23
Chart 12: Oil and Gas Deals by Market, Number Of Deals and Deal Value, 2009Q1–2010Q4 24
Chart 13: Exploration and Production (E&P) Segment, Capital Expenditure ($bn), from 2006 to 2011 27
Chart 14: Midstream and Downstream Segment, Deal Value of Asset Transactions ($bn), from 2004 to 2010 28
Chart 15: Midstream and Downstream Segment, Capital Expenditure ($bn), from 2006 to 2011 29
Chart 16: Oil and Gas Capital Expenditure ($bn), North America, 2007–2011 30
Chart 17: Oil and Gas Capital Expenditure ($bn), South and Central America, 2007–2011 31
Chart 18: Oil and Gas Capital Expenditure ($bn), Europe, 2007–2011 32
Chart 19: Oil and Gas Capital Expenditure ($bn), Middle East and Africa, 2007–2011 33
Chart 20: Oil and Gas Capital Expenditure ($bn), Asia-Pacific, from 2007 to 2011 34
Chart 21: National Oil Firms, Oil and Gas Capital Expenditure ($bn), from 2006 to 2011 35
Chart 22: Integrated Oil Firms, Oil and Gas Capital Expenditure ($bn), 2006–2011 37
Chart 23: Independent Firms, Oil and Gas Capital Expenditure ($bn), 2006–2011 38
Chart 24: Major Planned Refining Projects, Global, 2010 42
Chart 25: Crude Oil Demand (Billion Barrels), Global, from 2009 to 2015 49
Chart 26: Gross Refining March gin Trends ($/Barrel), Global, from 2007 to 2010 50
Chart 27: Gross Domestic Product Growth Rate (%), Global, 2008– 2011 51
Companies mentioned