Abstract
Vietnam 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 2012
Summary
This profile is the essential source for top-level industry data and
information relating to the Exploration and Production industry in Vietnam. It
provides asset level information relating to the active and planned oil and
gas fields and exploration blocks in Vietnam. The profiles of the major
companies operating in the upstream industry of Vietnam 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 8
1.2 List of Figures 9
2
Introduction 10
2.1 What Is This Report About? 10
2.2 How To Use This
Report 10
2.3 Market Definition 10
3 Vietnam, Country Snapshot 11
3.1 Vietnam, Key Data 11
3.2 Vietnam, Exploration And Production Assets
Map 12
3.3 Vietnam, Crude Oil & Natural Gas Reserves 13
4 Vietnam,
Crude Oil And Natural Gas Production 15
4.1 Vietnam, Historical Crude Oil
Production 15
4.2 Vietnam, Historical Natural Gas Production 16
4.3
Vietnam, Crude Oil And Natural Gas Producing Asset Details 17
4.4 Vietnam,
Crude Oil Production Assets By Area 18
4.5 Vietnam, Natural Gas Production
Assets By Area 18
4.6 Vietnam, Crude Oil Production By Company 19
4.7
Vietnam, Natural Gas Production By Company 19
5 Vietnam, Crude Oil And
Natural Gas Forecasts 20
5.1 Vietnam, Forecasted Crude Oil Production
20
5.2 Vietnam, Forecasted Natural Gas Production 20
6 Vietnam,
Exploration Block Details 21
6.1 Vietnam, Total Number of Active
Exploration Blocks 21
6.2 Vietnam, Total Number of Active Exploration
Blocks By Company 22
6.3 Vietnam, Exploration Blocks Details 23
7
ConocoPhillips 25
7.1 ConocoPhillips, Key Information 25
7.2
ConocoPhillips, Company Overview 25
7.3 ConocoPhillips, Business
Description 25
7.3.1 ConocoPhillips, Business Description, Business
Overview 25
7.3.2 ConocoPhillips, Business Description, Chemicals Segment
26
7.3.3 ConocoPhillips, Business Description, Emerging Businesses Segment
26
7.3.4 ConocoPhillips, Business Description, Exploration and Production
Segment 28
7.3.5 ConocoPhillips, Business Description, LUKOIL Investment
29
7.3.6 ConocoPhillips, Business Description, Midstream Segment 29
7.3.7 ConocoPhillips, Business Description, Refining and Marketing Segment
30
7.3.8 ConocoPhillips, Business Description, Major Products and Services
32
7.4 ConocoPhillips, Value Chain Analysis 34
7.4.1 ConocoPhillips,
Value Chain Analysis, Upstream 34
7.4.2 ConocoPhillips, Value Chain
Analysis, Midstream 35
7.4.3 ConocoPhillips, Value Chain Analysis,
Downstream 36
7.4.4 ConocoPhillips, Value Chain Analysis, Retail 37
7.5 ConocoPhillips, SWOT Analysis 38
7.5.1 ConocoPhillips, SWOT Analysis,
Overview 38
7.5.2 ConocoPhillips, SWOT Analysis, Strengths 38
7.5.3
ConocoPhillips, SWOT Analysis, Weaknesses 39
7.5.4 ConocoPhillips, SWOT
Analysis, Opportunities 40
7.5.5 ConocoPhillips, SWOT Analysis, Threats
41
7.6 ConocoPhillips, Revenue Analysis 42
7.6.1 ConocoPhillips,
Revenue Analysis, Revenue by Segment 42
7.6.2 ConocoPhillips, Revenue
Analysis, Revenue by Geography 43
7.7 ConocoPhillips, Financial and
Operational Review 44
7.7.1 ConocoPhillips, Financial and Operational
Review, Financial Statements 44
7.7.2 ConocoPhillips, Financial and
Operational Review, Financial Ratios 45
7.8 ConocoPhillips, Operational
Indicators 46
8 Nippon Oil Corporation 47
8.1 Nippon Oil Corporation,
Key Information 47
8.2 Nippon Oil Corporation, Company Overview 47
8.3
Nippon Oil Corporation, Business Description 47
8.3.1 Nippon Oil
Corporation, Business Description, Business Overview 47
8.3.2 Nippon Oil
Corporation, Business Description, Construction 48
8.3.3 Nippon Oil
Corporation, Business Description, Oil and Natural Gas E&P 48
8.3.4 Nippon
Oil Corporation, Business Description, Other 50
8.3.5 Nippon Oil
Corporation, Business Description, Refining and Marketing 50
8.3.6 Nippon
Oil Corporation, Business Description, Major Products and Services 52
8.4
Nippon Oil Corporation, Value Chain Analysis 55
8.4.1 Nippon Oil
Corporation, Value Chain Analysis, Upstream 56
8.4.2 Nippon Oil
Corporation, Value Chain Analysis, Downstream 56
8.4.3 Nippon Oil
Corporation, Value Chain Analysis, Retail 57
8.5 Nippon Oil Corporation,
SWOT Analysis 57
8.5.1 Nippon Oil Corporation, SWOT Analysis, Overview
57
8.5.2 Nippon Oil Corporation, SWOT Analysis, Strengths 58
8.5.3
Nippon Oil Corporation, SWOT Analysis, Weaknesses 58
8.5.4 Nippon Oil
Corporation, SWOT Analysis, Opportunities 59
8.5.5 Nippon Oil Corporation,
SWOT Analysis, Threats 60
8.6 Nippon Oil Corporation, Revenue Analysis
61
8.6.1 Nippon Oil Corporation, Revenue Analysis, Revenue by Segment
61
8.6.2 Nippon Oil Corporation, Revenue Analysis, Revenue by Geography
62
8.7 Nippon Oil Corporation, Financial and Operational Review 64
8.7.1 Nippon Oil Corporation, Financial and Operational Review, Financial
Statements 64
8.7.2 Nippon Oil Corporation, Financial and Operational
Review, Financial Ratios 65
8.8 Nippon Oil Corporation, Operational
Indicators 66
9 Vietnam Exploration and Production Industry , Financial
Deals Landscape 67
9.1 IPO 67
9.1.1 Ha Lam Coal Files Initial Public
Offering 67
9.1.2 Mong Duong Coal Files Initial Public Offering 67
9.2
Partnership 68
9.2.1 Arrow Global CBM Forms Partnership With PetroVietnam
68
9.2.2 Santos Forms A Joint Venture With Vietnam Oil 70
9.2.3 ONGC
Videsh Signs An Agreement With PetroVietnam 71
9.3 Asset Transactions
73
9.3.1 Total Acquires Offshore Exploration Block In Vietnam 73
9.3.2
Aabar Acquires Stake In Block 07 & 08/97 Offshore Southern Vietnam 74
9.3.3 Santos Enters Into Farm-In Agreement With Premier Oil 75
9.3.4 SPC
Vietnam Acquires 10% Participating Interest In Blocks 102 From ATI Petroleum
76
9.3.5 ONGC Videsh Acquires Interest In An Exploratory Block From Vanco
Energy 78
9.3.6 SOCO Exploration and Production Congo To Sell 8.5%
Interest In Marine XI Block To PetroVietnam 79
9.3.7 ONGC Videsh To Sell
30-40% Interest In Two Vietnam Oil Blocks 80
10 Vietnam Exploration and
Production Industry, Recent Developments 82
10.1 License Rounds 82
10.1.1 Feb 20, 2008: Tunisia Awards Exploration Permits To Vietnamese Firms
82
10.2 License Awards 82
10.2.1 May 07, 2008: ZarubezhNeft-
PetroVietnam Consortium Wins Tender To Develop Siberian Fields 82
10.3
Strategy and Business Expansion 83
10.3.1 Sep 09, 2008: Russia And Vietnam
To Expand Collaboration In Oil And Gas Sector 83
10.3.2 Jul 25, 2008:
Vietsovpetro Sets New Output Target For 2008 83
10.3.3 Jul 23, 2008:
PetroVietnam To Focus On Seeking Investment Opportunities Overseas 83
10.3.4 Jun 27, 2008: SK Energy Aims At Six-Fold Increase In Oil, Gas Output
83
10.3.5 May 26, 2008: Gazprom Executes An Agreement With PetroVietnam To
Explore Vietnam' s Offshore Fields 84
10.3.6 Mar 04, 2008: Salamander
Energy Signs Cross Assignment Agreement With PetroVietnam 85
10.3.7 Feb
06, 2008: Keeper Negotiates For PSC With PetroVietnam 85
10.3.8 Jan 14,
2008: Arrow Signs PSC With PetroVietnam 85
10.4 Recent Discoveries 86
10.4.1 Jul 10, 2008: SOCO Discovers Oil And Gas In TGD-1X-ST1 Wel006C On
Prospect E 86
10.4.2 Jul 08, 2008: Premier Discovers Oil In Chim Ung -1
Well, Vietnam 86
10.4.3 Jun 16, 2008: SOCO Announces Gas Discovery On
TGD-1X-ST1 87
10.4.4 May 20, 2008: Premier Discovers Oil And Gas In
Vietnam' s Chim Sao North Well 88
10.4.5 Jan 22, 2008: Petrovietnam
Discovers Oil And Gas In Algeria 88
10.4.6 Jan 15, 2008: Talisman Gets
Second Oil Discovery Offshore Vietnam 89
10.4.7 Jan 08, 2008: Idemitsu
Announces Commercial Discovery In Block 09-3, Vietnam 89
10.5 Drilling and
Production Updates 89
10.5.1 Aug 26, 2008: SOCO Updates On Te Giac Trang
Well At Block 16-1 In Vietnam 89
10.5.2 Aug 06, 2008: PetroVietnam To
Start Production From Phuong Dong Field, Vietnam 90
10.5.3 Jul 28, 2008:
PTTEP Commences Production From Ca Ngu Vang Field Of Vietnam 9-2 Project
90
10.5.4 Jul 27, 2008: Soco Produces First Oil From CNV Field In Vietnam
91
10.5.5 Jul 22, 2008: PetroVietnam Resumes Exploration Activity In Area
Off Vietnam' s Coast 92
10.5.6 Jul 01, 2008: SOCO Tests Te Giac Den 1X
Sidetrack Well, Off Vietnam 92
10.5.7 Jun 04, 2008: Spc And Partners Drill
Ham Rong-1X Exploration Well In Vietnam 92
10.5.8 May 28, 2008: Vietnam To
Increase Its Crude Output By 4.6% From April 93
10.5.9 May 21, 2008:
Santos Updates On Chim Sao North Appraisal Well In Vietnam 93
10.5.10 May
14, 2008: SOCO Updates On Its Drilling Program In Vietnam 94
10.5.11 Jan
08, 2008: Serica To Drill In Vietnam And Ireland 94
10.5.12 Oct 31, 2007:
SOCO Updates On VN-1X Well 94
10.6 Other Significant Developments 95
10.6.1 Jul 23, 2008: China Asks ExxonMobil To Quit Oil Exploration Deal With
Vietnam 95
10.6.2 Jul 11, 2008: Vietnam, Venezuela To Construct Oil
Refinery 95
10.6.3 Jul 02, 2008: Philippine Discusses Spratlys Exploration
With China And Vietnam 95
10.6.4 May 27, 2008: SOCO Updates On TGD-1X-ST1
And TGT-6X Wells 96
10.6.5 Oct 22, 2007: PetroVietnam Announces Head
Office Relocation 97
10.7 New Contracts Announcements 97
10.7.1 Mar
04, 2008: EEPL Wins Offshore Block In Vietnam 97
11 Appendix 98
11.1
Methodology 98
11.1.1 Coverage 99
11.1.2 Secondary Research 99
11.1.3 Primary Research 100
11.1.4 Forecasts 100
11.2 Key Economic
Assumptions 102
11.3 Expert Panel Validation 103
11.4 Definitions
103
11.5 Unit of Measure 104
11.6 Contact Us 105
11.7 Disclaimer
105
1.1 List of Tables
Table 1: Vietnam, Oil and Gas, Key
Statistics, April 2008 11
Table 2: Vietnam, Total Crude Oil and Natural
Gas Reserves (MMBOE), 2000-2012 14
Table 3: Vietnam, Total Crude Oil
Production (MMBBLs), 2000-2007 15
Table 4: Vietnam, Total Natural Gas
Production (BCF), 2000-2007 16
Table 5: Vietnam, Oil and Gas Asset
Details, April 2008 17
Table 6: Vietnam Offshore, Total Crude Oil
Production (Barrels), by Assets, 2000-2007 18
Table 7: Vietnam Offshore,
Total Natural Gas Production (MMCF), by Assets, 2000-2007 18
Table 8:
Vietnam, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 19
Table 9: Vietnam, Total Natural Gas Production (BCF), by Company, 2000-2007
19
Table 10: Vietnam, Total Crude Oil Production (MMBBLs), Forecast,
2008-2013 20
Table 11: Vietnam, Total Natural Gas Production (BCF),
Forecast, 2008-2013 20
Table 12: Vietnam, Total number of Active
Exploration Blocks, 2000-2007 21
Table 13: Vietnam, Total Number of Active
Exploration Blocks By Company, 2000-2007 22
Table 14: Vietnam, Oil and Gas
Exploration Blocks Details, April 2008 23
Table 15: Vietnam, Oil and Gas
Exploration Blocks Details, April 2008 24
Table 16: ConocoPhillips,
Key Facts, 2007 25
Table 17: ConocoPhillips, SWOT Analysis , 2007
38
Table 18: ConocoPhillips, Revenue by Segment, USD Million,
2003-2007 43
Table 19: ConocoPhillips, Revenue by Geography, USD
Million, 2003-2007 44
Table 20: ConocoPhillips, Financial Statements,
USD Million, 2003-2007 44
Table 21: ConocoPhillips, Financial Ratios,
USD Million, 2003-2007 45
Table 22: ConocoPhillips Operational
Indicators, 2003-2007 46
Table 23: Nippon Oil Corporation, Key Facts,
2007 47
Table 24: Nippon Oil Corporation, SWOT Analysis , 2007 57
Table 25: Nippon Oil Corporation, Revenue by Segment, YEN Million,
2003-2007 62
Table 26: Nippon Oil Corporation, Revenue by Geography,
YEN Million, 2003-2007 63
Table 27: Nippon Oil Corporation, Financial
Statements, YEN Million, 2003-2007 64
Table 28: Nippon Oil
Corporation, Financial Statements, YEN Million, 2003-2007 (Cont' d) 65
Table 29: Nippon Oil Corporation, Financial Ratios, YEN Million,
2003-2007 65
Table 30: Nippon Oil Corporation Operational Indicators,
2003-2007 66
Table 31: Brent Blend NYMEX Future Prices 102
1.2 List of Figures
Figure 1: Vietnam, Exploration and Production
Assets Map, April 2008 12
Figure 2: Vietnam, Total Crude Oil and Natural
Gas Reserves (MMBOE), 2000-2012 13
Figure 3: Vietnam, Total Crude Oil
Production (MMBBLs), 2000-2007 15
Figure 4: Vietnam, Total Natural Gas
Production (BCF), 2000-2007 16
Figure 5: Vietnam, Total Number of Active
Exploration Blocks, 2000-2007 21
Figure 6: ConocoPhillips, Value
Chain Analysis 34
Figure 7: Nippon Oil Corporation, Value Chain
Analysis 55
Figure 8: Global Markets Direct Methodology 98
