companiesandmarkets.com
Morocco Oil Markets, 2011
http://www.companiesandmarkets.com/Market-Report/morocco-oil-markets,-2011-739100.asp
- Market – Energy and Utilities
- Published Date – 30/11/2011
- Report Type – Market Report
- Country – Morocco
- Number of Pages – 96
- Electronic – £1,592.00
- Site Licence – £3,184.00
- Corporate Licence – £4,775.00
Report Summary
Morocco Oil Markets, 2011 – 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 Morocco. 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 crude oil assets (oil fields, refineries and storage terminals) in Morocco. The report compares the investment environment in Morocco with other countries in the region. The profiles of the major companies operating in the crude oil sector in Morocco 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 oil fields, refineries and storage terminals in Morocco for the period 2000-2015.
– Operator and equity details for major crude oil assets in Morocco.
– Key information relating to market regulations, key energy assets and the key companies operating in the Morocco’s energy industry.
– Information on the top companies in the Morocco 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 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.
Table of Contents
1 Table Of Contents 2
1.1 List of Tables 7
1.2 List of Figures 8
2 Morocco Energy Sector 9
2.1 Morocco Energy Sector, Market Overview 9
2.2 Morocco Energy Sector, Crude Oil 10
2.2.1 Morocco Crude Oil, Overview 10
2.2.2 Morocco Crude Oil, Supply and Demand Balance 10
2.2.3 Morocco Crude Oil, Regulatory Structure 16
2.2.4 Morocco Crude Oil, Infrastructure 16
3 Morocco Oil Upstream Investment Environment Benchmarking 17
3.1 Introduction 17
3.2 The Overall Ranking 17
3.3 Upstream Fiscal Attractiveness 17
3.3.1 Maximum Government Take Index 19
3.3.2 Maximum State Participation 19
3.3.3 Maximum Domestic Market Obligation 19
3.4 Oil Sector Performance 19
3.4.1 Exploration Activity 21
3.4.2 Oil Production 22
3.4.3 Oil Reserves 22
3.4.4 Oil Consumption 22
3.4.5 Refining Industry 23
3.5 Economic Performance 23
3.5.1 GDP Growth Index 24
3.5.2 FDI Confidence Index 24
3.5.3 Balance of Trade Index 25
3.6 Socio-Political Performance 25
3.6.1 Democracy Index 26
3.6.2 Governance Index 26
4 Morocco Exploration and Production Sector 27
4.1 Morocco Exploration and Production Sector, Country Snapshot 27
4.1.1 Morocco Exploration and Production Sector, Key Data 27
4.1.2 Morocco Exploration and Production Sector, Crude Oil Assets Map 27
4.2 Morocco Exploration and Production Sector, Gross Crude Oil Production 28
4.2.1 Morocco Exploration and Production Sector, Gross Crude Oil-Historical Production 28
4.2.2 Morocco Exploration and Production Sector, Gross Crude Oil-Historical Production by Type 29
4.2.3 Morocco Exploration and Production Sector, Gross Crude Oil Production by Assets 30
4.2.4 Morocco Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 30
4.2.5 Morocco Exploration and Production Oil Sector, Market Share based on Gross Equity Weighted Crude Oil Production 31
4.3 Morocco Exploration And Production Sector, Crude Oil Asset Details 32
4.3.1 Morocco Exploration And Production Sector, Active Crude Oil Asset Details 32
4.3.2 Morocco Exploration And Production Sector, Planned Crude Oil Asset Details 33
4.4 Morocco Exploration And Production Sector, Recent Discoveries 33
4.4.1 Apr 15, 2011: Circle Oil Announces Gas Discovery At KSR-11 Exploration Well On Sebou Permit In Rharb Basin, Morocco 33
4.4.2 Feb 08, 2011: Circle Oil Announces New Gas Discovery In Morocco 34
4.4.3 Jan 24, 2011: Circle Oil Discovers Gas At ADD-1 Exploration Well In Rharb Basin, Morocco 34
4.4.4 Jan 04, 2011: Circle Oil Announces Gas Discovery At KSR-10 Exploration Well In Rharb Basin, Morocco 35
4.4.5 Oct 29, 2010: Circle Oil Announces Gas Discovery At CGD-11 Well On Sebou Permit In Rharb Basin, Morocco 36
4.5 Morocco Exploration And Production Sector, Drilling and Production Updates 37
4.5.1 Mar 15, 2011: Circle Oil Spuds KSR-11 Well At Rharb Basin In Morocco 37
4.5.2 Aug 04, 2010: Serica Energy Provides Q2 2010 Exploration Update 37
4.5.3 Nov 19, 2009: Samir To Boost Its Annual Output By 2011 39
5 Morocco Refining Sector 40
5.1 Morocco Refining Sector, Key Data 40
5.2 Morocco Refining Sector, An Overview 40
5.2.1 Morocco Refining Sector, Total Refining Capacity 40
5.3 Morocco Refining Sector, Capacity- Wise Market Share by Company 41
5.4 Morocco Refining Sector, Crude Distillation Unit Capacity 42
5.5 Morocco Refining Sector, Fluid Catalytic Cracking Capacity 42
5.6 Morocco Refining Sector, Hydrocracking Capacity 43
6 Morocco Oil and Chemicals Storage Sector 44
6.1 Morocco Oil and Chemicals Storage Sector, Key Data 44
6.2 Morocco Oil and Chemicals Storage Sector, An Overview 44
6.2.1 Morocco Oil and Chemicals Storage Sector, Total Storage Capacity 44
6.2.2 Morocco Oil and Chemicals Storage Sector, Storage Capacity Share by Area 45
6.3 Morocco Oil and Chemicals Storage Sector, Capacity- Wise Market Share by Company 46
6.4 Morocco, Oil and Chemicals Storage Sector, Storage Capacity 47
7 Profile of Kosmos Energy, LLC 48
7.1 Kosmos Energy, LLC, Key Information 48
7.2 Kosmos Energy, LLC, Company Overview 48
7.3 Kosmos Energy, LLC, Business Description 48
7.3.1 Business Overview 48
7.4 Kosmos Energy, LLC, SWOT Analysis 49
7.4.1 Overview 49
7.4.2 Kosmos Energy, LLC Strengths 50
7.4.3 Kosmos Energy, LLC Weaknesses 50
7.4.4 Kosmos Energy, LLC Opportunities 50
7.4.5 Kosmos Energy, LLC Threats 51
8 Profile of Petro-Canada 53
8.1 Petro-Canada, Key Information 53
8.2 Petro-Canada, Company Overview 53
8.3 Petro-Canada, Business Description 53
8.3.1 Business Overview 53
8.3.2 Downstream 54
8.3.3 International 54
8.3.4 North American Natural Gas 56
8.3.5 Oil Sands 57
8.4 Petro-Canada, SWOT Analysis 57
8.4.1 Overview 57
8.4.2 Petro-Canada Strengths 58
8.4.3 Petro-Canada Weaknesses 59
8.4.4 Petro-Canada Opportunities 59
8.4.5 Petro-Canada Threats 60
9 Profile of Repsol YPF, S.A 61
9.1 Repsol YPF, S.A, Key Information 61
9.2 Repsol YPF, S.A, Company Overview 61
9.3 Repsol YPF, S.A, Business Description 61
9.3.1 Business Overview 61
9.3.2 Downstream 62
9.3.3 Gas Natural SDG 63
9.3.4 LNG 64
9.3.5 Upstream 64
9.3.6 Upstream 65
9.3.7 YPF 66
9.4 Repsol YPF, S.A., SWOT Analysis 67
9.4.1 Overview 67
9.4.2 Repsol YPF, S.A. Strengths 68
9.4.3 Repsol YPF, S.A. Weaknesses 69
9.4.4 Repsol YPF, S.A. Opportunities 70
9.4.5 Repsol YPF, S.A. Threats 71
10 Financial Deals Landscape 72
10.1 Detailed Deal Summary 72
10.1.1 Acquisition 72
10.1.2 Equity Offerings 73
10.1.3 Asset Transactions 78
11 Recent Developments 82
11.1 License Awards 82
11.1.1 Oct 06, 2011: East West Petroleum Announces Acquisition Of New Exploration Block In Morocco 82
11.1.2 Feb 01, 2010: COML Signs Agreement For Two New Licenses In Morocco’s Rharb Basin 82
11.1.3 Dec 02, 2009: DVM International Signs Petroleum Agreement With ONHYM 83
11.2 Strategy and Business Expansion 83
11.2.1 Apr 04, 2010: Shell To Review Downstream Businesses In 21 Countries In Africa 83
11.2.2 Apr 27, 2009: Island Oil & Gas Seeks New Opportunities In Morocco, Albania, FSU And Moldova 84
11.3 Other Significant Developments 84
11.3.1 Aug 09, 2011: TransAtlantic Petroleum Provides Update On Q2 2011 Operations 84
11.3.2 Jul 05, 2011: Kosmos Energy Provides Operations Update 86
11.3.3 Jun 28, 2011: San Leon Energy Provides Drilling Update On Tarfaya Oil Shale Project In Morocco 87
11.3.4 Jun 23, 2011: San Leon Energy Provides Operations Update 87
11.3.5 Jun 08, 2011: Circle Oil Provides Operaions Update 90
11.3.6 May 26, 2011: Circle Oil Updates On Operations In Morocco 91
11.3.7 Apr 05, 2011: Longreach Oil And Gas Provides Operations Update 92
12 Appendix 94
12.1 Abbreviations 94
12.2 Methodology 94
12.2.1 Coverage 94
12.2.2 Secondary Research 95
12.2.3 Primary Research 95
12.2.4 Expert Panel Validation 95
12.3 Contact Us 96
12.4 Disclaimer 96
List of Tables
Table 1: Morocco, Historic and Forecast Production and Consumption of Crude Oil, Mbbl/d, 2000-2020 11
Table 2: Morocco, Historic and Forecast Imports of Crude Oil, Mbbl/d, 2000-2020 13
Table 3: Morocco, Historic Reserves of Crude Oil, MMbbl, 2000-2010 15
Table 4: North Africa, Investment Benchmarking, Overall Country Rankings, Oct 2011 17
Table 5: North Africa, Investment Benchmarking, Upstream Fiscal Attractiveness, Oct 2011 18
Table 6: North Africa, Investment Benchmarking, Oil Sector Performance, Oct 2011 19
Table 7: North Africa, Investment Benchmarking, Economic Performance, Oct 2011 23
Table 8: North Africa, Country Standings, Economic Performance, Oct 2011 23
Table 9: North Africa, Investment Benchmarking, Socio-Political Performance, Oct 2011 25
Table 10: North Africa, Country Standings, Socio-Political Performance, Oct 2011 25
Table 11: Morocco, Crude Oil Key Statistics, 2010 27
Table 12: Morocco, Total Gross Crude Oil Production (MMBBLs), 2003-2010 28
Table 13: Morocco, Total Gross Crude Oil Production By Type(MMBBLs), 2003-2010 29
Table 14: Morocco, Gross Crude Oil Production (MMBBLs), by Assets, 2003-2010 30
Table 15: Morocco, Gross Equity Weighted Crude Oil Production by Company (MMBBLs), 2003-2010 30
Table 16: Morocco, Market Share (%) of Key Companies based on Gross Equity Weighted Crude Oil Production, 2003-2010 31
Table 17: Morocco, Active Oil Field Asset Details 32
Table 18: Morocco, Planned Oil Field Asset Details 33
Table 19: Morocco, Refinery Key Statistics, Oct 2011 40
Table 20: Morocco, Total Refining Capacity (MMTPA), 2000- 2015 40
Table 21: Morocco, Refining Capacity by Company (MMTPA), 2000-2015 41
Table 22: Morocco, Crude Distillation Unit Capacity (MMTPA), 2000-2015 42
Table 23: Morocco, Fluid Catalytic Cracking Capacity (MMTPA), 2000-2015 42
Table 24: Morocco, Hydrocracking Unit Capacity (MMTPA), 2000-2015 43
Table 25: Morocco, Oil Storage Key Statistics, Oct 2011 44
Table 26: Morocco, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2015 44
Table 27: Morocco, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2000-2015 46
Table 28: Morocco, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2015 47
Table 29: Kosmos Energy, LLC, Key Facts 48
Table 30: Kosmos Energy, LLC, SWOT Analysis 49
Table 31: Petro-Canada, Key Facts 53
Table 32: Petro-Canada, SWOT Analysis 58
Table 33: Repsol YPF, S.A., Key Facts 61
Table 34: Repsol YPF, S.A., SWOT Analysis 67
Table 35: TransAtlantic Worldwide Acquires Three Subsidiaries Of Direct Petroleum Exploration 72
Table 36: Caithness Petroleum Completes Private Placement Of $58 Million 73
Table 37: TransAtlantic Petroleum Completes Common Stock Offering For $105.29 Million 74
Table 38: Circle Oil Completes Private Placement Of $27.26 Million 76
Table 39: Island Oil & Gas Completes Private Placement Of $1.22 Million 77
Table 40: East West Petroleum Acquires 75% Interest In Doukkala Block In Morocco From Office National des Hydrocarbures et des Mines 78
Table 41: TransAtlantic Petroleum Plans To Sell Oil And Gas Properties In Morocco 79
Table 42: Longreach Oil and Gas To Acquire 50% Operating Interest In Sidi Moktar License From Maghreb Petroluem 80
Table 43: DVM International To Acquire 75% Interest In Tarfaya Offshore Block, Morocco 81
List of Figures
Figure 1: Morocco, Energy Consumption Split By Fuel Type (%), 2010 9
Figure 2: Morocco, Crude Oil Production And Consumption, Mbbl/d, 2000-2020 12
Figure 3: Morocco, Crude Oil Imports, Mbbl/d, 2000-2020 14
Figure 4: Morocco, Crude Oil Reserves, MMbbl, 2000-2010 15
Figure 5: North Africa, Country Standings, Upstream Fiscal Attractiveness, Oct 2011 18
Figure 6: North Africa, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, Oct 2011 20
Figure 7: North Africa, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, Oct 2011 21
Figure 8: North Africa, Country Standings, Number of Exploration Blocks Awarded, Oct 2011 22
Figure 9: North Africa, Country Standings, Economic Performance, Oct 2011 24
Figure 10: North Africa, Country Standings, Socio-Political Performance, Oct 2011 26
Figure 11: Morocco, Crude Oil Assets Map, Oct 2011 27
Figure 12: Morocco, Total Gross Crude Oil Production (MMBBLs), 2003-2010 28
Figure 13: Morocco, Total Gross Crude Oil Production By Type (MMBBLs), 2003-2010 29
Figure 14: Morocco, Gross Equity Weighted Crude Oil Production (MMBBLs) by Key Companies, 2003-2010 31
Figure 15: Morocco, Market Share (%) of Key Companies based on Gross Equity Weighted Crude Oil Production, 2010 32
Figure 16: Morocco, Total Refining Capacity (MMTPA), 2000- 2015 41
Figure 17: Morocco, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2015 45
Figure 18: Morocco, Oil and Chemicals Storage Capacity Share by Area (%), 2010 45
Figure 19: Morocco, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2000-2015 46
