Overview:

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 Germany. 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, pipelines and storage terminals) in Germany. The report also analyses the fiscal regime relevant to the crude oil assets in Germany and compares the investment environment in Germany with other countries in the region. The profiles of the major companies operating in the crude oil sector in Germany 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 1996-2020.

• Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Germany for the period 2000-2013.

• Operator and equity details for major crude oil assets in Germany.

• Key information relating to market regulations, key energy assets and the key companies operating in the Germany’s energy industry.

• Detailed information on key fiscal terms (such as rents, bonuses, royalty, cost recovery, profit oil, petroleum and corporate taxes) pertaining the geography is also provided. A sample calculation detailing how fiscal terms apply to a typical asset in the regime is included.

• Information on the top companies in the Germany including business description, strategic analysis, and financial information. Key companies covered include BP p.l.c, Royal Dutch Shell plc and ConocoPhilips

• 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 Germany’s oil market.

• Facilitate market analysis and forecasting of future industry trends.

• Evaluate the attractiveness of this geography for oil investment in the light of government policies and the fiscal environment.

• Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.

• Understand Germany’s policies and fiscal terms, and their impact on contractor’s profits from upstream oil assets.

• Assess your competitor’s major crude oil assets and their performance.

• Analyze the latest news and financial deals in the oil sector in Germany.

• 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 Germany oil market

Companies Mentioned

BP p.l.c.
Royal Dutch Shell plc
ConocoPhillips

1 Table of Contents

1.1 List of Tables

1.2 List of Figures

2 Germany Energy Sector

2.1 Germany Energy Sector, Market Overview

2.2 Germany Energy Sector, Crude Oil

2.2.1 Germany Crude Oil, Overview

2.2.2 Germany Crude Oil, Supply and Demand Balance

2.2.3 Germany Crude Oil, Regulatory Structure

2.2.4 Germany Crude Oil, Infrastructure

 

3 Germany, Fiscal Regime

3.1 Germany Petroleum Fiscal Environment

3.1.1 Governing Law

3.1.2 Licensing Authority

3.1.3 Contract Type

3.1.4 State Participation

3.2 License Terms

3.2.1 Exploration License (EL) Duration

3.2.2 Relinquishment during Exploration

3.2.3 Exploration obligation

3.2.4 Production Rights, Area & Duration

3.3 Key Fiscal Terms

3.3.1 Royalty

3.3.2 Fees

3.3.3 VAT

3.3.4 Taxation

3.3.5 Withholding Tax

3.3.6 Deductions and Depreciation

3.4 Germany, Fiscal System - Economic Modeling Methodology

3.5 Sample Economic Modeling Methodology

3.6 Germany Fiscal System - Sample Economics

3.7 Germany Fiscal System - Sample Asset Valuation

4 Germany Oil Upstream Investment Environment Benchmarking

4.1 Introduction

4.2 The Overall Ranking

4.3 Upstream Fiscal Attractiveness

4.3.1 Maximum Government Take Index

4.3.2 Maximum State Participation

4.4 Oil Sector Performance

4.4.1 Exploration Activity

4.4.2 Oil Production

4.4.3 Oil Reserves

4.4.4 Oil Consumption

4.4.5 Refining Capacity

4.5 Economic Performance

4.5.1 GDP Growth Index

4.5.2 FDI Confidence Index

4.5.3 Balance of Trade Index

4.6 Socio-Political Performance

5 Germany Exploration And Production Sector

5.1 Germany Exploration and Production Sector, Country Snapshot

5.1.1 Germany Exploration and Production Sector, Key Data

5.1.2 Germany Exploration and Production Sector, Crude Oil Assets Map

5.2 Germany Exploration and Production Sector, Gross Crude Oil Production

5.2.1 Germany Exploration and Production Sector, Gross Crude Oil-Historical Production

5.2.2 Germany Exploration and Production Sector, Gross Crude Oil-Historical Production by Type

5.2.3 Germany Exploration and Production Sector, Gross Crude Oil Production by Assets

5.2.4 Germany Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company

5.2.5 Germany Exploration and Production Sector, Market Share based on Gross Equity Weighted Crude Oil Production

5.3 Germany Exploration and Production Sector, Gross Crude Oil Forecasts

5.3.1 Germany Exploration and Production Sector, Gross Crude Oil Forecasted Production

5.4 Germany Exploration And Production Sector, Crude Oil Asset Details

5.4.1 Germany Exploration And Production Sector, Active Crude Oil Asset Details

5.5 Recent Discoveries

5.5.1 Dec 17, 2009: Wintershall Confirms Oil At Ravn-3 Appraisal Well At Licence 5/06 In Danish North Sea

5.6 Drilling and Production Updates

5.6.1 Jan 05, 2010: RWE Dea Updates On Herzogsbrunnen 1 Well In Germany

5.6.2 Dec 07, 2009: RWE Dea To Start Exploratory Drilling In Northern Germany

 

6 Germany Pipeline Sector

6.1 Germany Pipeline Sector, Key Data

6.2 Germany Pipeline Sector, An Overview

6.3 Germany Pipeline Sector, Comparison of Key Crude Oil Pipeline Companies

6.4 Germany Pipeline Oil Sector, Comparison of Key Petroleum Product Pipeline Companies

6.5 Germany Pipeline Oil Sector, Crude Oil Pipelines

6.6 Germany Pipeline Oil Sector, Petroleum Product Pipelines

7 Germany Refining Sector

7.1 Germany Refining Sector, Key Data

7.2 Germany Refining Sector, An Overview

7.2.1 Germany Refining Sector, Total Refining Capacity

7.3 Germany Refining Sector, Market Share by Company

7.4 Germany Refining Sector, Crude Distillation Unit Capacity

7.5 Germany Refining Sector, Coking Capacity

7.6 Germany Refining Sector, Fluid Catalytic Cracking Capacity

7.7 Germany Refining Sector, Hydrocracking Capacity

7.8 Refining Industry In Germany, Maintenance Schedules, 2005-10

8 Germany Oil and Chemicals Storage Sector

8.1 Germany Oil and Chemicals Storage Sector, Key Data

8.2 Germany Oil and Chemicals Storage Oil Sector, An Overview

8.2.1 Germany Oil and Chemicals Storage Oil Sector, Total Storage Capacity

8.2.2 Germany Oil and Chemicals Storage Sector, Storage Capacity by Area

8.3 Germany Oil and Chemicals Storage Sector, Market Share by Company

8.4 Germany Oil and Chemicals Storage Sector, Storage Capacity by Terminal

9 Profile of BP p.l.c.

9.1 BP p.l.c., Key Information

9.2 BP p.l.c., Company Overview

9.3 BP p.l.c., Business Description

9.3.1 Business Overview

9.3.2 Exploration and Production

9.3.3 Other Businesses and Corporate Segment

9.3.4 Refining and Marketing

9.4 BP p.l.c., SWOT Analysis

9.4.1 Overview

9.4.2 BP p.l.c. Strengths

9.4.3 BP p.l.c. Weaknesses

9.4.4 BP p.l.c. Opportunities

9.4.5 BP p.l.c. Threats

 

10 Profile of Royal Dutch Shell plc

10.1 Royal Dutch Shell plc, Key Information

10.2 Royal Dutch Shell plc, Company Overview

10.3 Royal Dutch Shell plc, Business Description

10.3.1 Business Overview

10.3.2 Chemicals

10.3.3 Corporate

10.3.4 Exploration and Production

10.3.5 Gas and Power

10.3.6 Oil Products

10.3.7 Oil Sands

10.4 Royal Dutch Shell plc, SWOT Analysis

10.4.1 Overview

10.4.2 Royal Dutch Shell plc Strengths

10.4.3 Royal Dutch Shell plc Weaknesses

10.4.4 Royal Dutch Shell plc Opportunities

10.4.5 Royal Dutch Shell plc Threats

 

11 Profile of ConocoPhillips

11.1 ConocoPhillips, Key Information

11.2 ConocoPhillips, Company Overview

11.3 ConocoPhillips, Business Description

11.3.1 Business Overview

11.3.2 Chemicals Segment

11.3.3 Emerging Businesses Segment

11.3.4 Exploration and Production Segment

11.3.5 LUKOIL Investment

11.3.6 Midstream Segment

11.3.7 Refining, Marketing and Transportation

11.4 ConocoPhillips, SWOT Analysis

11.4.1 Overview

11.4.2 ConocoPhillips Strengths

11.4.3 ConocoPhillips Weaknesses

11.4.4 ConocoPhillips Opportunities

11.4.5 ConocoPhillips Threats

 

12 Financial Deals Landscape

12.1 Detailed Deal Summary

12.1.1 Acquisition

12.1.2 Private Equity

12.1.3 Venture Financing

12.1.4 Debt Offerings

12.1.5 Partnerships

12.1.6 Asset Transactions

 

13 Recent Developments

13.1 License Awards

13.1.1 Dec 21, 2009: Germany Issues Construction Permit To Nord Stream Pipeline Project

13.2 Strategy and Business Expansion

13.2.1 Oct 12, 2009: OMV And University Of Vienna Sign Framework Agreement To Foster Scientific Collaboration

13.2.2 Jul 01, 2009: VNG Establishes New Subsidiary, VNG Polska

13.3 Financial Announcements

13.3.1 Oct 29, 2009: BASF Reports Net Income Of EUR237 Million In Q3 2009

13.3.2 Aug 28, 2009: EWE Reports Net Profit Of EUR256.5 Million In H1 2009

13.4 Other Significant Developments

13.4.1 Mar 23, 2010: Azerbaijan Seeks Iran, Iraq's Participation In Nabucco Gas Pipeline Project

13.4.2 Mar 16, 2010: Nord Stream Completes Phase I Financing For Pipeline Project

13.4.3 Feb 24, 2010: RWE Dea Updates On Quellenburg 1 Well In Lower Saxony, Germany

13.4.4 Feb 04, 2010: Gassco Awards NOK50 Million Contract To CB&I Lummus To Upgrade Norsea Gas Terminal In Germany

13.4.5 Jan 22, 2010: Nord Stream Awards EUR1 Billion Pipe Supply Contract To OMK, Sumitomo And Europipe

13.4.6 Jan 18, 2010: Gassco Transports 99.8 Billion Scm Of Norwegian Gas To European Terminals In 2009

13.4.7 Jan 06, 2010: RWE Dea Appoints Thomas Rappuhn As Its New Chairman

13.4.8 Dec 28, 2009: Nord Stream Receives Permit To Construct Natural Gas Pipeline In Germany’s Exclusive Economic Zone

13.4.9 Dec 17, 2009: Wintershall Invests In Domestic Oil Production

13.4.10 Dec 14, 2009: Wintershall To Change Its Legal Form

13.4.11 Dec 10, 2009: VNG Appoints Ties Tiessen To Its Board

13.4.12 Nov 23, 2009: RWE Power Places Gas Pipeline At Gerstein Plant In Operation In Germany

13.4.13 Nov 17, 2009: ConocoPhillips Delays Upgrade Of Wilhelmshaven Refinery Project In Germany

13.4.14 Oct 02, 2009: Gazprom, E.ON Ruhrgas Discuss Cooperation In Gas Sector

13.4.15 Sep 11, 2009: VNG's Executive Board Member Gerhard Holtmeier To Stand Down

13.4.16 Sep 10, 2009: VNG Announces Board Changes

13.5 New Contracts Announcements

13.5.1 Mar 18, 2010: Technip Secures Contract For Nord Stream Project In Baltic Sea

13.5.2 Dec 30, 2009: PGNiG Signs Crude Oil Sales Agreement With TOTAL

 

14 Appendix

14.1 Methodology

14.1.1 Coverage

14.1.2 Secondary Research

14.1.3 Primary Research

14.1.4 E&P Forecasts

14.1.5 Midstream Forecasts

14.1.6 Expert Panel Validation

14.2 Contact Us

14.3 About GlobalData

14.4 Disclaimer

1.1 List of Tables

Table 1: Germany, Historical and Forecasted Production and Consumption of Crude Oil, (Thousand Barrels Per Day), 1996-2020

Table 2: Germany, Historical and Forecasted Exports and Imports of Crude Oil (Thousand Barrels Per Day), 1996-2020

Table 3: Germany, Crude Oil Reserves (Million Barrels), 1996-2009

Table 4: Germany(Offshore), Remaining NPV, Sensitivity to Discount Rates for sample model

Table 5: Western Europe, Investment Benchmarking, Overall Country Rankings, March 2010

Table 6: Western Europe, Investment Benchmarking, Upstream Fiscal Attractiveness, March 2010

Table 7: Western Europe, Investment Benchmarking, Oil Sector Performance, March 2010

Table 8: Western Europe, Investment Benchmarking, Economic Performance, March 2010

Table 9: Western Europe, Country Standings, Economic Performance, March 2010

Table 10: Western Europe, Investment Benchmarking, Socio-Political Performance, March 2010

Table 11: Western Europe, Country Standings, Socio-Political Performance, March 2010

Table 12: Germany, Crude Oil Key Statistics, 2009

Table 13: Germany, Total Gross Crude Oil Production (MMBBLs), 2002-2009

Table 14: Germany, Gross Crude Oil Production (MMBBLs) by Type, 2002- 2009

Table 15: Germany, Gross Crude Oil Production (MMBBLs), by Assets, 2002-2009

Table 16: Germany, Gross Equity Weighted Crude Oil Production by Company (MMBBLs), 2002-2009

Table 17: Germany, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2002-2009

Table 18: Germany, Gross Crude Oil Production Forecast by Assets (Thousand Barrels), 2010-2015

Table 19: Germany, Active Oil Field Asset Details

Table 20: Germany, Pipeline Key Statistics, 2009

Table 21: Germany, Crude Oil Pipeline Length by Company (Km), 2009

Table 22: Germany, Petroleum Product Pipeline Length By Company (Km), 2009

Table 23: Germany, Crude Oil Pipelines, 2009

Table 24: Germany, Petroleum Product Pipelines, 2009

Table 25: Germany, Refinery Key Statistics, 2009

Table 26:Germany, Total Refining Capacity (MMTPA), 2000- 2013

Table 27: Germany, Refining Capacity by Company (MMTPA), 2000-2013

Table 28: Germany, Crude Distillation Unit Capacity (MMTPA), 2000-2013

Table 29: Germany, Coking Unit Capacity (MMTPA), 2000-2013

Table 30: Germany, Fluid Catalytic Cracking Unit Capacity (MMTPA), 2000-2013

Table 31: Germany, Hydrocracking Unit Capacity (MMTPA), 2000-2013

Table 32: Germany, Refinery Maintenance Schedules, 2005-10

Table 33: Germany, Oil and Chemicals Storage Key Statistics, 2009

Table 34:Germany, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013

Table 35:Germany, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2000-2013

Table 36: Germany, Oil and Chemicals Storage Capacity by Terminal (Thousand M3), 2000-2013

Table 37: BP p.l.c., Key Facts

Table 38: BP p.l.c., SWOT Analysis

Table 39: Royal Dutch Shell plc, Key Facts

Table 40: Royal Dutch Shell plc, SWOT Analysis

Table 41: ConocoPhillips, Key Facts

Table 42: ConocoPhillips, SWOT Analysis

Table 43: EEG-Erdgas Transport To Sell Its 5.26% Stake In VNG To Gazprom Germania

Table 44: Gazprom Acquires 49% Stake In Gerosgaz From E.ON

Table 45: EnBW Acquires 26% Stake In EWE

Table 46: Deutsche Rohstoff Acquires 33% Interest In Rhein Petroleum

Table 47: Ventizz Capital Partners Acquires 72.28% Stake In SSP Technology

Table 48: Deutsche Rohstoff Raises $6.19 Million In Venture Financing Round

Table 49: EWE Completes 5.25% Bond Offering For $698 Million

Table 50: BASF Issues 4.25% Notes For $279 Million

Table 51: BASF Issues 4.625% Notes For $492 Million

Table 52: RWE Completes 5.5% Bond Offering For $824 Million

Table 53: RWE Completes 6.12% Bond Offering For $1.6 Billion

Table 54: E.ON prices Its Bond Offering For $300 Million

Table 55: RWE Completes Public Offering Of $2,087.37 Million Euro Benchmark Bonds

Table 56: BASF Issues 3.75% Notes For $1,792 Million

Table 57: BASF Issues 5.875% Notes For $572 Million

Table 58: BASF Completes Offering Of $211.43 Million Of 4.5% Bonds Due 2016

Table 59: BASF Issues 5.125% Notes For $1,941 Million

Table 60: E.ON Completes Private Placement For $2036.79 Million

Table 61: BASF Issues 6% Notes For $1,582 Million

Table 62: RP Rhein Petroleum Enters Into Joint Venture With Wintershall Holding

Table 63: GDF Suez To Acquire 9% Stake In Nord Stream Gas Pipeline Project

Table 64: Essar Oil Plans To Acquire Stanlow Refinery From Royal Dutch Shell

1.2 List of Figures

Figure 1: Germany, Energy Sector Break-Up, 2009

Figure 2: Germany, Crude Oil Production And Consumption (Thousand Barrels Per Day), 1996-2020

Figure 3: Germany, Crude Oil Imports And Exports (Thousand Barrels Per Day), 1996-2020

Figure 4: Germany, Crude Oil Reserves (Million Barrels), 1996-2009

Figure 5: Germany, Sample Full Field Economics, Sample Cash Flows.

Figure 6: Germany(Offshore), Sample Full Field Economics, Government and Contractor Takes

Figure 7: Germany(Offshore), Sample Full Field Economics, Post Tax Cash Flow vs. Gross Revenue

Figure 8: Germany(Offshore), Sample Full Field Economics, Project Post Tax Cash Flows At Various Discount Rates

Figure 9: Western Europe, Country Standings, Upstream Fiscal Attractiveness, March 2010

Figure 10: Western Europe, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, March 2010

Figure 11: Western Europe, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, March 2010

Figure 12: Western Europe, Country Standings, Exploration Blocks Awarded, March 2010

Figure 13: Western Europe, Country Standings, Economic Performance, March 2010

Figure 14: Western Europe, Country Standings, Socio-Political Performance, March 2010

Figure 15: Germany, Crude Oil Assets Map, 2009

Figure 16: Germany, Total Gross Crude Oil Production (MMBBLs), 2002-2009

Figure 17: Germany, Gross Crude Oil Production (MMBBLs) by Type, 2002-2009

Figure 18: Germany, Gross Equity Weighted Crude Oil Production by Company (MMBBLs), 2002-2009

Figure 19: Germany, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2009

Figure 20: Germany, Crude Oil Pipeline Length by Company (Km), 2009

Figure 21: Germany, Petroleum Product Pipeline Length By Company (Km), 2009

Figure 22: Germany, Total Refining Capacity (MMTPA), 2000- 2013

Figure 23: Germany, Refining Sector, Market Shares (%), 2009

Figure 24: Germany, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013

Figure 25: Germany, Oil and Chemicals Storage Capacity by Area (%), 2009

Figure 26: Germany, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2000-2013

Figure 27: GlobalData Methodology