Overview:

Summary
 
 This profile is the essential source for top-level industry data and information relating to the Exploration and Production industry in Nigeria. It provides asset level information relating to the active and planned oil and gas fields and exploration blocks in Nigeria. The profiles of the major companies operating in the upstream industry of Nigeria 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.

 1 Table Of Contents 2
 1.1 List of Tables 7
 1.2 List of Figures 9
 2 Nigeria Exploration And Production Sector 10
 2.1 Nigeria, Key Data 10
 2.2 Nigeria, Exploration And Production Assets Map 11
 2.3 Nigeria Exploration and Production Sector, Production 12
 2.3.1 Nigeria Exploration and Production Sector, Crude Oil-Historical Production 12
 2.3.2 Nigeria Exploration and Production Sector, Natural Gas-Historical Production 13
 2.3.3 Nigeria Exploration and Production Sector, Crude Oil Production by Assets 14
 2.3.4 Nigeria Exploration and Production Sector, Natural Gas Production by Assets 19
 2.3.5 Nigeria Exploration and Production Sector, Crude Oil Production by Company 21
 2.3.6 Nigeria Exploration and Production Sector, Natural Gas Production by Company 21
 2.4 Nigeria Exploration and Production Sector, Forecasts 22
 2.4.1 Nigeria Exploration and Production Sector, Crude Oil Forecasted Production 22
 2.4.2 Nigeria Exploration and Production Sector, Natural Gas Forecasted Production 25
 2.4.3 Nigeria Exploration and Production Sector, Crude Oil Gross Revenue Forecast 26
 2.4.4 Nigeria Exploration and Production Sector, Natural Gas Gross Revenue Forecast 28
 2.4.5 Nigeria Exploration and Production Sector, Government Take Forecast of Crude Oil Assets 29
 2.4.6 Nigeria Exploration and Production Sector, Government Take Forecast of Natural Gas Assets 31
 2.4.7 Nigeria Exploration and Production Sector, Contractor Take Forecast of Crude Oil Assets 32
 2.4.8 Nigeria Exploration and Production Sector, Contractor Take Forecast of Natural Gas Assets 34
 2.5 Nigeria Exploration And Production Sector, Asset Details 35
 2.5.1 Nigeria Exploration And Production Sector, Crude Oil Asset Details 35
 2.5.2 Nigeria Exploration And Production Sector, Planned Crude Oil Asset Details 35
 2.5.3 Nigeria Exploration And Production Sector, Planned Natural Gas Asset Details 35
 2.6 Nigeria Exploration And Production Sector, Exploration 36
 2.6.1 Nigeria Exploration And Production Sector, Total Active Exploration Blocks 36
 2.6.2 Nigeria Exploration And Production Sector, Active Exploration Blocks by Company 36
 2.6.3 Nigeria Exploration And Production Sector, Exploration Details 40
 3 Profile of Royal Dutch Shell Plc 44
 3.1 Royal Dutch Shell Plc, Key Information 44
 3.2 Royal Dutch Shell Plc, Company Overview 44
 3.3 Royal Dutch Shell Plc, Business Description 44
 3.3.1 Royal Dutch Shell Plc, Business Description, Overview 44
 3.3.2 Royal Dutch Shell Plc, Business Description, Chemicals 45
 3.3.3 Royal Dutch Shell Plc, Business Description, Corporate and Others 46
 3.3.4 Royal Dutch Shell Plc, Business Description, Exploration and Production 46
 3.3.5 Royal Dutch Shell Plc, Business Description, Gas and Power 48
 3.3.6 Royal Dutch Shell Plc, Business Description, Oil Products 50
 3.3.7 Royal Dutch Shell Plc, Business Description, Oil Sands 52
 3.4 Royal Dutch Shell Plc, Value Chain Analysis 53
 3.4.1 Royal Dutch Shell Plc, Value Chain Analysis, Upstream 53
 3.4.2 Royal Dutch Shell Plc, Value Chain Analysis, Midstream 54
 3.4.3 Royal Dutch Shell Plc, Value Chain Analysis, Retail 55
 3.4.4 Royal Dutch Shell Plc, Value Chain Analysis, Power Generation 56
 3.4.5 Royal Dutch Shell Plc, Value Chain Analysis, Transformation 56
 3.5 Royal Dutch Shell Plc, SWOT Analysis 57
 3.5.1 Royal Dutch Shell Plc, SWOT Analysis, Overview 57
 3.5.2 Royal Dutch Shell Plc, SWOT Analysis, Strengths 58
 3.5.3 Royal Dutch Shell Plc, SWOT Analysis, Weaknesses 59
 3.5.4 Royal Dutch Shell Plc, SWOT Analysis, Opportunities 59
 3.5.5 Royal Dutch Shell Plc, SWOT Analysis, Threats 61
 3.6 Royal Dutch Shell Plc, Revenue Analysis 62
 3.6.1 Royal Dutch Shell Plc, Revenue by Segment 62
 3.6.2 Royal Dutch Shell Plc, Revenue by Geography 63
 3.7 Royal Dutch Shell plc, Financial and Operational Review 64
 3.7.1 Financial Statements 64
 3.7.2 Financial Ratios 65
 4 Profile of Exxon Mobil Corporation 66
 4.1 Exxon Mobil Corporation, Key Information 66
 4.2 Exxon Mobil Corporation, Company Overview 66
 4.3 Exxon Mobil Corporation, Business Description 66
 4.3.1 Exxon Mobil Corporation, Business Description, Overview 66
 4.3.2 Exxon Mobil Corporation, Business Description, Chemical 66
 4.3.3 Exxon Mobil Corporation, Business Description, Downstream 68
 4.3.4 Exxon Mobil Corporation, Business Description, Upstream 70
 4.4 Exxon Mobil Corporation, Value Chain Analysis 72
 4.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream 72
 4.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 73
 4.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 74
 4.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail 74
 4.5 Exxon Mobil Corporation, SWOT Analysis 74
 4.5.1 Exxon Mobil Corporation, SWOT Analysis, Overview 74
 4.5.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 75
 4.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 78
 4.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 79
 4.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 80
 4.6 Exxon Mobil Corporation, Revenue Analysis 82
 4.6.1 Exxon Mobil Corporation, Revenue by Segment 82
 4.6.2 Exxon Mobil Corporation, Revenue by Geography 83
 4.7 Exxon Mobil Corporation, Financial and Operational Review 84
 4.7.1 Financial Statements 84
 4.7.2 Financial Ratios 85
 5 Profile Of Eni S.p.A. 86
 5.1 Eni S.p.A., Key Facts 86
 5.2 Eni S.p.A., Company Overview 86
 5.3 Eni S.p.A., Business Description 86
 5.3.1 Eni S.p.A., Business Description, Business Overview 86
 5.3.2 Eni S.p.A., Business Description, Engineering and Construction 87
 5.3.3 Eni S.p.A., Business Description, Exploration & Production 88
 5.3.4 Eni S.p.A., Business Description, Gas & Power 89
 5.3.5 Eni S.p.A., Business Description, Others 91
 5.3.6 Eni S.p.A., Business Description, Petrochemicals 91
 5.3.7 Eni S.p.A., Business Description, Refining and Marketing 92
 5.4 Eni S.p.A., Value Chain Analysis 94
 5.4.1 Eni S.p.A., Value Chain Analysis, Upstream 94
 5.4.2 Eni S.p.A., Value Chain Analysis, Midstream 95
 5.4.3 Eni S.p.A., Value Chain Analysis, Downstream 96
 5.4.4 Eni S.p.A., Value Chain Analysis, Retail 97
 5.5 Eni S.p.A., SWOT Analysis 97
 5.5.1 Eni S.p.A., SWOT Analysis, Overview 97
 5.5.2 Eni S.p.A., SWOT Analysis, Strengths 98
 5.5.3 Eni S.p.A., SWOT Analysis, Weaknesses 99
 5.5.4 Eni S.p.A., SWOT Analysis, Opportunities 101
 5.5.5 Eni S.p.A., SWOT Analysis, Threats 102
 5.6 Eni S.p.A., Revenue Analysis 103
 5.6.1 Eni S.p.A., Revenue by Segment 104
 5.6.2 Eni S.p.A., Revenue by Geography 105
 5.7 Eni S.p.A., Financial and Operational Review 106
 5.7.1 Financial Statements 106
 5.7.2 Financial Ratios 107
 6 Financial Deals Landscape 108
 6.1 Detailed Deal Summary 108
 6.1.1 Asset Transactions 108
 7 Recent Developments 113
 7.1 License Awards 113
 7.1.1 Sep 29, 2008: Afren Receives Requisite Approvals For Development Of Ebok field 113
 7.2 Strategy and Business Expansion 114
 7.2.1 Dec 04, 2008: 48 Companies To Help Nigeria In Developing Gas Sector 114
 7.3 Recent Discoveries 115
 7.3.1 Feb 17, 2009: NPDC Finds Three Gas Wells At Oredo Near Benin In Edo State, Nigeria 115
 7.3.2 Jan 28, 2009: Addax Petroleum Announces Oil Discovery In OML124 License Area, Nigeria 116
 7.3.3 Dec 23, 2008: Total Encounters Hydrocarbons At Etisong-1 Well In OML 102, Nigeria 116
 7.4 Drilling and Production Updates 117
 7.4.1 Mar 02, 2009: Total's Akpo Deep Offshore Oilfield To Be On-Stream In April 2009 117
 7.4.2 Feb 19, 2009: Providence Resources Prepares Development Plan For Aje Field In OML113, Offshore Nigeria 117
 7.4.3 Feb 03, 2009: Afren Completes Drilling On Ebok Field In Block OML 67, Offshore Nigeria 118
 7.4.4 Jan 30, 2009: Mart Completes Drilling UMU-5 Well In Umusadege Field, Onshore Nigeria 118
 7.4.5 Jan 27, 2009: Nigeria To Begin Akpo Oilfield In April 2009 119
 7.5 Financial Announcements 119
 7.5.1 Nov 03, 2008: Oando Declares Nine Months 2008 Results 119
 7.6 Other Significant Developments 120
 7.6.1 Mar 04, 2009: Addax Petroleum Announces Capital Expenditure Budget For 2009 120
 7.6.2 Feb 25, 2009: NNPC Signs MCA For Investment In Upstream Projects 121
 7.6.3 Feb 24, 2009: Chevron Restates Commitment To Expand Niger Delta 122
 7.6.4 Feb 24, 2009: Petrobras Plans To Invest $2 Billion In Oil Exploration And Production In Nigeria 123
 7.6.5 Feb 22, 2009: Shell To Provide $3 Billion Loan For Improving Nigerian Oil Sector 123
 7.6.6 Feb 16, 2009: Hardy Updates On Its Operations In India And Nigeria 124
 7.6.7 Feb 06, 2009: Gazprom To Invest $2.5 Billion On Gas Exploration And Production In Nigeria 126
 8 Appendix 128
 8.1 Methodology 128
 8.1.1 Coverage 128
 8.1.2 Secondary Research 129
 8.1.3 Primary Research 129
 8.1.4 E&P Forecasts 130
 8.1.5 Midstream Forecasts 131
 8.1.6 Expert Panel Validation 131
 8.2 Contact Us 132
 8.3 About GlobalData 132
 8.4 Disclaimer 132
 
 1.1 List of Tables
 Table 1: Nigeria, Oil and Gas, Key Statistics, 2008 10
 Table 2: Nigeria, Total Crude Oil Production (MMBBLs), 2001-2008 12
 Table 3: Nigeria, Total Natural Gas Production (MMcf), 2001-2008 13
 Table 4: Nigeria, Crude Oil Production (MMBBLs), by Assets, 2001-2008 14
 Table 5: Nigeria, Natural Gas Production (MMcf), by Assets, 2001-2008 19
 Table 6: Nigeria, Crude Oil Production (MMBBLs), by Company, 2001-2008 21
 Table 7: Nigeria, Natural Gas Production (MMcf), by Company, 2001-2008 21
 Table 8: Nigeria, Total Crude Oil Production (MMBBLs), Forecast by Assets, 2009-2014 22
 Table 9: Nigeria, Total Crude Oil Production (MMBBLs), Forecast by Assets, 2009-2014 (Contd.) 23
 Table 10: Nigeria, Total Crude Oil Production (MMBBLs), Forecast by Assets, 2009-2014 (Contd.) 24
 Table 11: Nigeria, Total Natural Gas Production (MMcf), Forecast by Assets, 2009-2014 25
 Table 12: Nigeria, Forecasted Assets-wise Gross Revenue (000'$), 2009-2014 26
 Table 13: Nigeria, Forecasted Assets-wise Gross Revenue (000'$), 2009-2014 (Contd.) 27
 Table 14: Nigeria, Forecasted Assets-wise Gross Revenue (000'$), 2009-2014 (Contd.) 28
 Table 15: Nigeria, Forecasted Natural Gas Assets-Wise Gross Revenue(000’$), 2009-2014 28
 Table 16: Nigeria, Projected Assets-wise Total Government Take (000'$), 2009-2014 29
 Table 17: Nigeria, Projected Assets-wise Total Government Take (000'$), 2009-2014 (Contd.) 30
 Table 18: Nigeria, Projected Assets-wise Total Government Take (000'$), 2009-2014 (Contd.) 31
 Table 19: Nigeria, Projected Natural Gas Assets-Wise Government Take(000’$), 2009-2014 31
 Table 20: Nigeria, Projected Assets-wise Total Contractor Take (000'$), 2009-2014 (Contd.) 32
 Table 21: Nigeria, Projected Assets-wise Total Contractor Take (000'$), 2009-2014 (Contd.) 33
 Table 22: Nigeria, Projected Assets-wise Total Contractor Take (000'$), 2009-2014 (Contd.) 34
 Table 23: Nigeria, Projected Natural Gas Assets-Wise Contractor Take(000’$), 2009-2014 34
 Table 24: Nigeria, Oil Field Assets Details 35
 Table 25: Nigeria, Planned Oil Field Assets Details 35
 Table 26: Nigeria, Planned Gas Field Assets Details 35
 Table 27: Nigeria, Total Active Exploration Blocks, 2001-2008 36
 Table 28: Nigeria, Exploration Active Blocks by Company, 2001-2008 36
 Table 29: Nigeria, Exploration Active Blocks by Company, 2001-2008 (Contd.) 37
 Table 30: Nigeria, Exploration Active Blocks by Company, 2001-2008 (Contd.) 38
 Table 31: Nigeria, Exploration Active Blocks by Company, 2001-2008 (Contd.) 39
 Table 32: Nigeria, Oil and Gas Exploration Details 40
 Table 33: Nigeria, Oil and Gas Exploration Details (Contd.) 41
 Table 34: Nigeria, Oil and Gas Exploration Details (Contd.) 42
 Table 35: Nigeria, Oil and Gas Exploration Details (Contd.) 43
 Table 36: Royal Dutch Shell plc, Key Facts 44
 Table 37: Royal Dutch Shell plc, SWOT Analysis 58
 Table 38: Royal Dutch Shell plc, Revenue by Segment, USD Million, 2003-2007 63
 Table 39: Royal Dutch Shell plc, Revenue by Geography, USD Million, 2003-2007 63
 Table 40: Royal Dutch Shell plc, Financial Statements, USD Million, 2003-2007 64
 Table 41: Royal Dutch Shell plc, Financial Ratios, USD Million, 2003-2007 65
 Table 42: Exxon Mobil Corporation, Key Facts 66
 Table 43: Exxon Mobil Corporation, SWOT Analysis 75
 Table 44: Exxon Mobil Corporation, Revenue by Segment, USD Million, 2003-2007 82
 Table 45: Exxon Mobil Corporation, Revenue by Geography, USD Million, 2003-2007 84
 Table 46: Exxon Mobil Corporation, Financial Statements, USD Million, 2003-2007 84
 Table 47: Exxon Mobil Corporation, Financial Ratios, USD Million, 2003-2007 85
 Table 48: Eni S.p.A., Key Facts 86
 Table 49: Eni S.p.A., SWOT Analysis 98
 Table 50: Eni S.p.A., Revenue by Segment, Euro Million, 2003-2007 104
 Table 51: Eni S.p.A., Revenue by Geography, Euro Million, 2003-2007 105
 Table 52: Eni S.p.A., Financial Statements, Euro Million, 2003-2007 106
 Table 53: Eni S.p.A., Financial Ratios, Euro Million, 2003-2007 107
 Table 54: Moni Pulo Petroleum Acquires Three New Oil Blocks 108
 Table 55: Oando Acquires 15% Stake In Two Blocks From Agip 109
 Table 56: Oando To Acquire 30% Interest In Akepo Oil Field From Exile Resources 110
 Table 57: Total To Acquire Interest In Exploration Blocks OPL 285 And OPL 279 111
 Table 58: Total Signs Agreement With OMEL To Acquire Interests In OPL 279 And 285 Blocks 112
 
 1.2 List of Figures
 Figure 1: Nigeria, Exploration and Production Assets Map, 2008 11
 Figure 2: Nigeria, Total Crude Oil Production (MMBBLs), 2001-2008 12
 Figure 3: Nigeria, Total Natural Gas Production (MMcf), 2001-2008 13
 Figure 4: Royal Dutch Shell plc, Value Chain Analysis 53
 Figure 5: Exxon Mobil Corporation, Value Chain Analysis 72
 Figure 6: Eni S.p.A., Value Chain Analysis 94
 Figure 7: GlobalData Methodology 128