Bangladesh Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020
Summary
This profile is the essential source for top-level energy industry data and information. The report provides an overview of the oil industry in Bangladesh. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for the industry. It also provides information relating to the oil assets (oil fields, refineries, pipelines and storage terminals) in Bangladesh. The report also analyses the fiscal regime relevant to the oil assets in Bangladesh and compares the investment environment in Bangladesh with other countries in the region. The profiles of the major companies operating in the oil sector in Bangladesh 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 the oil industry for the period 1995-2020.
- Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Bangladesh Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 for the period 1995-2020.
- Operator and equity details for major oil assets in Bangladesh Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020
- Key information relating to market regulations, key energy assets and the key companies operating in the Bangladesh Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020’s oil 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 Bangladesh Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 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.
- Gain a strong understanding of the country’s energy market.
- Facilitate market analysis and forecasting of future industry trends.
- Evaluate the attractiveness of the 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 the geography’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 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 8
1.2 List of Figures 10
2 Bangladesh Energy Sector 11
2.1 Bangladesh Energy Sector, Market Overview 11
2.2 Bangladesh Energy Sector, Crude Oil 12
2.2.1 Bangladesh Crude Oil, Overview 12
2.2.2 Bangladesh Crude Oil, Supply and Demand Balance 12
2.2.3 Bangladesh Crude Oil, Regulatory Structure 18
2.2.4 Bangladesh Crude Oil, Infrastructure 19
3 Bangladesh Fiscal Regime 20
3.1 Bangladesh Petroleum Fiscal Environment 20
3.2 License Terms 20
3.3 Key Fiscal Terms 21
3.4 Sample Cashflows Calculations 23
4 Bangladesh Oil Upstream Investment Environment Benchmarking 24
4.1 Introduction 24
4.2 The Overall Ranking 24
4.3 Upstream Fiscal Attractiveness 25
4.3.1 Maximum Government Take Index 26
4.3.2 Maximum State Participation 26
4.4 Oil Sector Performance 27
4.4.1 Exploration Activity 29
4.4.2 Oil Production 30
4.4.3 Oil Reserves 30
4.4.4 Oil Consumption 31
4.4.5 Refining Industry 31
4.5 Economic Performance 31
4.5.1 GDP Growth Index 33
4.5.2 FDI Confidence Index 33
4.5.3 Balance of Trade Index 34
4.6 Socio-Political Performance 34
4.6.1 Democracy Index 36
4.6.2 Governance Index 36
5 Bangladesh Exploration and Production Sector 37
5.1 Bangladesh Exploration and Production Sector, Country Snapshot 37
5.1.1 Bangladesh Exploration and Production Sector, Key Data 37
5.1.2 Bangladesh Exploration and Production Sector, Crude Oil Assets Map 37
5.2 Bangladesh Exploration and Production Sector, Gross Crude Oil Production 38
5.2.1 Bangladesh Exploration and Production Sector, Gross Crude Oil-Historical Production 38
5.2.2 Bangladesh Exploration and Production Sector, Crude Oil Production by Assets 39
5.2.3 Bangladesh Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 39
5.2.4 Bangladesh Exploration and Production Oil Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 40
5.3 Bangladesh Exploration and Production Sector, Gross Crude Oil Forecasts 42
5.3.1 Bangladesh Exploration and Production Sector, Gross Crude Oil Forecasted Production 42
5.3.2 Bangladesh Exploration and Production Sector, Gross Revenue Forecast 42
5.3.3 Bangladesh Exploration and Production Sector, Government Take Forecast 43
5.3.4 Bangladesh Exploration and Production Sector, Contractor Take Forecast 43
6 Bangladesh Refining Sector 44
6.1 Bangladesh Refining Sector, Key Data 44
6.2 Bangladesh Refining Sector, An Overview 44
6.2.1 Bangladesh Refining Sector, Total Refining Capacity 44
6.3 Bangladesh Refining Sector, Capacity- Wise Market Share by Company 45
6.4 Bangladesh Refining Sector, Crude Distillation Unit Capacity 46
6.5 Bangladesh Refining Sector, Hydrocracking Capacity 46
7 Profile of Chevron Corporation 47
7.1 Chevron Corporation, Key Information 47
7.2 Chevron Corporation, Company Overview 47
7.3 Chevron Corporation, Business Description 47
7.3.1 Chevron Corporation, Business Description, Overview 47
7.3.2 Chevron Corporation, Business Description, Chemicals 48
7.3.3 Chevron Corporation, Business Description, Downstream Segment 49
7.3.4 Chevron Corporation, Business Description, Others Segment 50
7.3.5 Chevron Corporation, Business Description, Upstream Segment 51
7.4 Chevron Corporation, Value Chain Analysis 53
7.4.1 Chevron Corporation, Value Chain Analysis, Upstream 53
7.4.2 Chevron Corporation, Value Chain Analysis, Midstream 55
7.4.3 Chevron Corporation, Value Chain Analysis, Retail 55
7.4.4 Chevron Corporation, Value Chain Analysis, Power Generation 56
7.4.5 Chevron Corporation, Value Chain Analysis, Transformation 57
7.5 Chevron Corporation, SWOT Analysis 57
7.5.1 Chevron Corporation, SWOT Analysis, Overview 57
7.5.2 Chevron Corporation, SWOT Analysis, Strengths 58
7.5.3 Chevron Corporation, SWOT Analysis, Weaknesses 59
7.5.4 Chevron Corporation, SWOT Analysis, Opportunities 60
7.5.5 Chevron Corporation, SWOT Analysis, Threats 61
7.6 Chevron Corporation, Revenue Analysis 62
7.6.1 Chevron Corporation, Revenue by Segment 62
7.6.2 Chevron Corporation, Revenue by Geography 63
7.7 Chevron Corporation, Financial and Operational Review 64
7.7.1 Financial Statements 64
7.7.2 Financial Ratios 65
8 Profile of Tullow Oil Plc 66
8.1 Profile of Tullow Oil Plc, Key Information 66
8.2 Profile of Tullow Oil Plc, Company Overview 66
8.3 Profile of Tullow Oil Plc, Business Description 66
8.3.1 Profile of Tullow Oil Plc, Business Description, Business Overview 66
8.3.2 Profile of Tullow Oil Plc, Business Description, Oil and Gas 66
8.3.3 Tullow Oil Plc, Business Description, Major Products and Services 68
8.4 Profile of Tullow Oil Plc, Value Chain Analysis 69
8.4.1 Profile of Tullow Oil Plc, Value Chain Analysis, Upstream 69
8.5 Profile of Tullow Oil Plc, SWOT Analysis 70
8.5.1 Profile of Tullow Oil Plc, SWOT Analysis, Overview 70
8.5.2 Profile of Tullow Oil Plc, SWOT Analysis, Tullow Oil plc Strengths 71
8.5.3 Profile of Tullow Oil Plc, SWOT Analysis, Tullow Oil plc Weaknesses 72
8.5.4 Profile of Tullow Oil Plc, SWOT Analysis, Tullow Oil plc Opportunities 73
8.5.5 Profile of Tullow Oil Plc, SWOT Analysis, Tullow Oil plc Threats 74
8.6 Profile of Tullow Oil Plc, Revenue Analysis 74
8.6.1 Profile of Tullow Oil Plc, Revenue Analysis Revenue by Segment 74
8.6.2 Profile of Tullow Oil Plc, Revenue Analysis Revenue by Geography 75
8.7 Profile of Tullow Oil Plc, Financial and Operational Review 76
8.7.1 Financial Statements 76
8.7.2 Financial Ratios 77
9 Profile of Total S.A. 78
9.1 Total S.A., Key Information 78
9.2 Total S.A., Company Overview 78
9.3 Total S.A., Business Description 78
9.3.1 Total S.A., Business Description, Business Overview 78
9.3.2 Total S.A., Business Description, Chemicals 79
9.3.3 Total S.A., Business Description, Downstream 79
9.3.4 Total S.A., Business Description, Upstream 81
9.3.5 Total S.A., Business Description, Major Products and Services 82
9.4 Total S.A., Value Chain Analysis 84
9.4.1 Total S.A., Value Chain Analysis, Upstream 84
9.4.2 Total S.A., Value Chain Analysis, Midstream 85
9.4.3 Total S.A., Value Chain Analysis, Downstream 85
9.4.4 Total S.A., Value Chain Analysis, Retail 86
9.5 Total S.A., SWOT Analysis 87
9.5.1 Total S.A., SWOT Analysis, Overview 87
9.5.2 Total S.A., SWOT Analysis, Strengths 88
9.5.3 Total S.A., SWOT Analysis, Weaknesses 89
9.5.4 Total S.A., SWOT Analysis, Opportunities 89
9.5.5 Total S.A., SWOT Analysis, Threats 90
9.6 Total S.A., Revenue Analysis 92
9.6.1 Total S.A., Revenue by Segment 92
9.6.2 Total S.A., Revenue by Geography 92
9.7 Total S.A., Financial and Operational Review 94
9.7.1 Financial Statements 94
9.7.2 Financial Ratios 95
10 Financial Deals Landscape 96
10.1 Detailed Deal Summary 96
10.1.1 Asset Transactions 96
11 Recent Developments 100
11.1 License Rounds 100
11.1.1 Jun 08, 2008: Petrobangla To Conclude Gas Bidding Evalutaion By June 15, 2008 100
11.1.2 May 20, 2008: Bangladesh To Pick Bids For Offshore Gas Hunt 101
11.1.3 Mar 20, 2008: Bangladesh Sees Good Interest From Oil Firms In Gas Blocks Auction 103
11.2 License Awards 103
11.2.1 Mar 24, 2009: Bangladesh Government Announces Results Of Third Round Offshore Bidding 103
11.2.2 Mar 16, 2009: ConocoPhillips Awaits Contract For Eight Deep-Water Exploration Blocks In Bangladesh 105
11.2.3 Mar 09, 2009: Chevron's Gas Investment Plan Being Approved By Petrobangla 105
11.2.4 Jul 12, 2008: Petrobangla Selects Two International Oil Firms For Exploring Hydrocarbons In Bay Of Bengal 105
11.2.5 Jun 24, 2008: Chevron And Cairn Signs Gas Exploration Deal With Bangladesh 107
11.2.6 Jun 08, 2008: Petrobangla To Conclude Gas Bidding Evalutaion By June 15, 2008 107
11.2.7 May 07, 2008: Bangladesh To Allow Exploration Of Offshore Gas Fields 109
11.2.8 Apr 05, 2008: Cairn Energy Receives Petrobangla's Approval To Explore Further 109
11.3 Strategy and Business Expansion 110
11.3.1 Mar 18, 2009: PTTEP Quits Exploration Projects In Indonesia And Bangladesh 110
11.3.2 Mar 17, 2009: Total Surrenders Exploration Rights In Two Offshore Blocks In Bangladesh 110
11.3.3 Feb 23, 2009: Cairn Energy Surrenders Exploration Rights In Block 5, Bangladesh 111
11.4 Recent Discoveries 112
11.4.1 Feb 26, 2009: Total Identifies Offshore Gas Prospects In Bangladesh 112
11.4.2 Mar 27, 2008: Cairn Energy Announces Gas Discoveries In Bangladesh 113
11.4.3 Mar 17, 2008: Cairn Energy Plans More Exploration In Bangladesh 114
11.5 Drilling and Production Updates 114
11.5.1 Jan 12, 2009: Chevron Boosts Natural Gas Production In Bangladesh 114
11.5.2 Dec 17, 2008: Cairn Explores Deeper At Sangu Field In Bangladesh 115
11.5.3 Oct 08, 2008: Petrobangla And Tullow Commences Gas production From Bangura Gas Field In Dhaka, Bangladesh 116
11.6 Other Significant Developments 116
11.6.1 Mar 25, 2009: Petrobangla To Commission New Pipeline In Bangladesh 116
11.6.2 Mar 25, 2009: Bangladesh Asks International Companies To Tighten Oil Security 117
11.6.3 Mar 09, 2009: Total Fails To Find Hydrocarbons In Two Offshore Blocks In Bangladesh 119
11.6.4 Feb 11, 2009: Chevron To Start 2D Survey At Block 7 In Bangladesh 119
11.6.5 Dec 29, 2008: Cairn Completes Work On Sangu Field In Bangladesh 120
11.6.6 Nov 10, 2008: Daewoo Suspends Oil And Gas Exploration In Bay Of Bengal 120
11.6.7 Sep 23, 2008: Petrobangla To Conduct 3D Seismic Surveys In Gas Fields 121
11.6.8 Sep 15, 2008: India, Bangladesh Resumes Talks On Offshore Oil And Exploration Acreage 121
11.6.9 Sep 08, 2008: Cairn To Invest $9.5 Million On Sangu Field In Bangladesh 122
11.6.10 Jun 25, 2008: Bangladesh To Raise Natural Gas Production By 20% 123
12 Appendix 124
12.1 Methodology 124
12.1.1 Coverage 125
12.1.2 Secondary Research 126
12.1.3 Primary Research 126
12.1.4 E&P Forecasts 126
12.1.5 Midstream Forecasts 128
12.1.6 Expert Panel Validation 128
12.2 Contact Us 128
12.3 About GlobalData 128
12.4 Disclaimer 129
1.1 List of Tables
Table 1: Bangladesh, Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020 13
Table 2: Bangladesh, Historical and Forecasted Imports of Crude Oil, 1996-2020 15
Table 3: Bangladesh, Historical Reserves of Crude Oil, 1996-2008 17
Table 4: South Asia, Investment Benchmarking, Overall Country Rankings, April 2008 24
Table 5: South Asia, Investment Benchmarking, Upstream Fiscal Attractiveness, April 2008 25
Table 6: South Asia, Investment Benchmarking, Oil Sector Performance, April 2008 27
Table 7: South Asia, Investment Benchmarking, Economic Performance, April 2008 32
Table 8: South Asia, Country Standings, Economic Performance, April 2008 32
Table 9: South Asia, Investment Benchmarking, Socio-Political Performance, April 2008 34
Table 10: South Asia, Country Standings, Socio-Political Performance, April 2008 35
Table 11: Bangladesh, Crude Oil Key Statistics, 2008 37
Table 12: Bangladesh, Total Gross Crude Oil Production (MMBBLs), 2001-2008 38
Table 13: Bangladesh, Gross Crude Oil Production (MMBBLs), by Assets, 2001-2008 39
Table 14: Bangladesh, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2001-2008 39
Table 15: Bangladesh, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2001-2008 40
Table 16: Bangladesh, Gross Crude Oil Production (Thousand Barrels), Forecast by Assets, 2009-2014 42
Table 17: Bangladesh, Forecasted Assets-wise Gross Revenue (000'$), 2009-2014 42
Table 18: Bangladesh, Projected Assets-wise Total Government Take (000'$), 2009-2014 43
Table 19: Bangladesh, Projected Assets-wise Total Contractor Take (000'$), 2009-2014 43
Table 20: Bangladesh, Refinery Key Statistics, 2008 44
Table 21: Bangladesh, Total Refining Capacity (MMTPA), 2000- 2013 44
Table 22: Bangladesh, Refining Capacity Company-wise (MMTPA), 2000-2013 45
Table 23: Bangladesh, Crude Distillation Unit Capacity (MMTPA), 2000-2013 46
Table 24: Bangladesh, Hydrocracking Unit Capacity (MMTPA), 2000-2013 46
Table 25: Chevron Corporation, Key Facts 47
Table 26: Chevron Corporation, SWOT Analysis 58
Table 27: Chevron Corporation, Revenue by Segment, USD Million, 2003-2007 63
Table 28: Chevron Corporation, Revenue by Geography, USD Million, 2003-2007 63
Table 29: Chevron Corporation, Financial Statements, USD Million, 2003-2007 64
Table 30: Chevron Corporation, Financial Ratios, USD Million, 2003-2007 65
Table 31: Tullow Oil plc,Key Facts 66
Table 32: Tullow Oil plc, SWOT Analysis 71
Table 33: Tullow Oil plc, Revenue by Segment, GBP Thousand, 2003-2007 75
Table 34: Tullow Oil plc, Revenue by Geography, GBP Thousand, 2003-2007 75
Table 35: Tullow Oil plc, Financial Statements, GBP Thousand, 2003-2007 76
Table 36: Tullow Oil plc, Financial Ratios, GBP Thousand, 2003-2007 77
Table 37: TOTAL S.A., Key Facts 78
Table 38: TOTAL S.A., SWOT Analysis 88
Table 39: TOTAL S.A., Revenue by Segment, Euro Million, 2003-2007 92
Table 40: TOTAL S.A., Revenue by Geography, Euro Million, 2003-2007 93
Table 41: TOTAL S.A., Financial Statements, Euro Million, 2003-2007 94
Table 42: TOTAL S.A., Financial Ratios, Euro Million, 2003-2007 95
Table 43: PTT Exploration & Production Acquires 30% Stake In Blocks 17 and 18 From Total 96
Table 44: Santos Acquires Cairn Energy Bangladesh From Capricorn Energy 97
Table 45: Halliburton Sells Its Oil And Gas Assets In Bangladesh 98
Table 46: Total Acquires Interest In Exploration Blocks 99
1.2 List of Figures
Figure 1: Bangladesh, Energy Sector break-up, 2008 11
Figure 2: Bangladesh, Crude Oil Production and Consumption, Thousand Barrels Per Day, 1996-2020 14
Figure 3: Bangladesh, Crude Oil Imports, Thousand Barrels Per Day, 1996-2020 16
Figure 4: Bangladesh, Crude Oil Reserves, Million Barrels, 1996-2008 18
Figure 5: Bangladesh, Upstream Oil & Gas Fiscal Regime (PSA), Sample Cashflows, 2005-2016 23
Figure 6: South Asia, Country Standings, Upstream Fiscal Attractiveness, April 2008 26
Figure 7: South Asia, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, April 2008 28
Figure 8: South Asia, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, April 2008 29
Figure 9: South Asia, Country Standings, Exploration Blocks Awarded, April 2008 30
Figure 10: South Asia, Country Standings, Economic Performance, April 2008 33
Figure 11: South Asia, Country Standings, Socio-Political Performance, April 2008 35
Figure 12: Bangladesh, Crude Oil Assets Map, 2008 37
Figure 13: Bangladesh, Total Gross Crude Oil Production (MMBBLs), 2001-2008 38
Figure 14: Bangladesh, Gross Equity Weighted Crude Oil Production (MMBBLs),by Company, 2001-2008 40
Figure 15: Bangladesh, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2008 41
Figure 16: Bangladesh, Total Refining Capacity (MMTPA), 2000- 2013 45
Figure 17: Chevron Corporation, Value Chain Analysis 53
Figure 18: Tullow Oil plc, Value Chain Analysis 69
Figure 19: TOTAL S.A., Value Chain Analysis 84
Figure 20: GlobalData Methodology 125
GlobalData
Energy and Power
1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10
2 Bangladesh Energy Sector 11
2.1 Bangladesh Energy Sector, Market Overview 11
2.2 Bangladesh Energy Sector, Crude Oil 12
2.2.1 Bangladesh Crude Oil, Overview 12
2.2.2 Bangladesh Crude Oil, Supply and Demand Balance 12
2.2.3 Bangladesh Crude Oil, Regulatory Structure 18
2.2.4 Bangladesh Crude Oil, Infrastructure 19
3 Bangladesh Fiscal Regime 20
3.1 Bangladesh Petroleum Fiscal Environment 20
3.2 License Terms 20
3.3 Key Fiscal Terms 21
3.4 Sample Cashflows Calculations 23
4 Bangladesh Oil Upstream Investment Environment Benchmarking 24
4.1 Introduction 24
4.2 The Overall Ranking 24
4.3 Upstream Fiscal Attractiveness 25
4.3.1 Maximum Government Take Index 26
4.3.2 Maximum State Participation 26
4.4 Oil Sector Performance 27
4.4.1 Exploration Activity 29
4.4.2 Oil Production 30
4.4.3 Oil Reserves 30
4.4.4 Oil Consumption 31
4.4.5 Refining Industry 31
4.5 Economic Performance 31
4.5.1 GDP Growth Index 33
4.5.2 FDI Confidence Index 33
4.5.3 Balance of Trade Index 34
4.6 Socio-Political Performance 34
4.6.1 Democracy Index 36
4.6.2 Governance Index 36
5 Bangladesh Exploration and Production Sector 37
5.1 Bangladesh Exploration and Production Sector, Country Snapshot 37
5.1.1 Bangladesh Exploration and Production Sector, Key Data 37
5.1.2 Bangladesh Exploration and Production Sector, Crude Oil Assets Map 37
5.2 Bangladesh Exploration and Production Sector, Gross Crude Oil Production 38
5.2.1 Bangladesh Exploration and Production Sector, Gross Crude Oil-Historical Production 38
5.2.2 Bangladesh Exploration and Production Sector, Crude Oil Production by Assets 39
5.2.3 Bangladesh Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 39
5.2.4 Bangladesh Exploration and Production Oil Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 40
5.3 Bangladesh Exploration and Production Sector, Gross Crude Oil Forecasts 42
5.3.1 Bangladesh Exploration and Production Sector, Gross Crude Oil Forecasted Production 42
5.3.2 Bangladesh Exploration and Production Sector, Gross Revenue Forecast 42
5.3.3 Bangladesh Exploration and Production Sector, Government Take Forecast 43
5.3.4 Bangladesh Exploration and Production Sector, Contractor Take Forecast 43
6 Bangladesh Refining Sector 44
6.1 Bangladesh Refining Sector, Key Data 44
6.2 Bangladesh Refining Sector, An Overview 44
6.2.1 Bangladesh Refining Sector, Total Refining Capacity 44
6.3 Bangladesh Refining Sector, Capacity- Wise Market Share by Company 45
6.4 Bangladesh Refining Sector, Crude Distillation Unit Capacity 46
6.5 Bangladesh Refining Sector, Hydrocracking Capacity 46
7 Profile of Chevron Corporation 47
7.1 Chevron Corporation, Key Information 47
7.2 Chevron Corporation, Company Overview 47
7.3 Chevron Corporation, Business Description 47
7.3.1 Chevron Corporation, Business Description, Overview 47
7.3.2 Chevron Corporation, Business Description, Chemicals 48
7.3.3 Chevron Corporation, Business Description, Downstream Segment 49
7.3.4 Chevron Corporation, Business Description, Others Segment 50
7.3.5 Chevron Corporation, Business Description, Upstream Segment 51
7.4 Chevron Corporation, Value Chain Analysis 53
7.4.1 Chevron Corporation, Value Chain Analysis, Upstream 53
7.4.2 Chevron Corporation, Value Chain Analysis, Midstream 55
7.4.3 Chevron Corporation, Value Chain Analysis, Retail 55
7.4.4 Chevron Corporation, Value Chain Analysis, Power Generation 56
7.4.5 Chevron Corporation, Value Chain Analysis, Transformation 57
7.5 Chevron Corporation, SWOT Analysis 57
7.5.1 Chevron Corporation, SWOT Analysis, Overview 57
7.5.2 Chevron Corporation, SWOT Analysis, Strengths 58
7.5.3 Chevron Corporation, SWOT Analysis, Weaknesses 59
7.5.4 Chevron Corporation, SWOT Analysis, Opportunities 60
7.5.5 Chevron Corporation, SWOT Analysis, Threats 61
7.6 Chevron Corporation, Revenue Analysis 62
7.6.1 Chevron Corporation, Revenue by Segment 62
7.6.2 Chevron Corporation, Revenue by Geography 63
7.7 Chevron Corporation, Financial and Operational Review 64
7.7.1 Financial Statements 64
7.7.2 Financial Ratios 65
8 Profile of Tullow Oil Plc 66
8.1 Profile of Tullow Oil Plc, Key Information 66
8.2 Profile of Tullow Oil Plc, Company Overview 66
8.3 Profile of Tullow Oil Plc, Business Description 66
8.3.1 Profile of Tullow Oil Plc, Business Description, Business Overview 66
8.3.2 Profile of Tullow Oil Plc, Business Description, Oil and Gas 66
8.3.3 Tullow Oil Plc, Business Description, Major Products and Services 68
8.4 Profile of Tullow Oil Plc, Value Chain Analysis 69
8.4.1 Profile of Tullow Oil Plc, Value Chain Analysis, Upstream 69
8.5 Profile of Tullow Oil Plc, SWOT Analysis 70
8.5.1 Profile of Tullow Oil Plc, SWOT Analysis, Overview 70
8.5.2 Profile of Tullow Oil Plc, SWOT Analysis, Tullow Oil plc Strengths 71
8.5.3 Profile of Tullow Oil Plc, SWOT Analysis, Tullow Oil plc Weaknesses 72
8.5.4 Profile of Tullow Oil Plc, SWOT Analysis, Tullow Oil plc Opportunities 73
8.5.5 Profile of Tullow Oil Plc, SWOT Analysis, Tullow Oil plc Threats 74
8.6 Profile of Tullow Oil Plc, Revenue Analysis 74
8.6.1 Profile of Tullow Oil Plc, Revenue Analysis Revenue by Segment 74
8.6.2 Profile of Tullow Oil Plc, Revenue Analysis Revenue by Geography 75
8.7 Profile of Tullow Oil Plc, Financial and Operational Review 76
8.7.1 Financial Statements 76
8.7.2 Financial Ratios 77
9 Profile of Total S.A. 78
9.1 Total S.A., Key Information 78
9.2 Total S.A., Company Overview 78
9.3 Total S.A., Business Description 78
9.3.1 Total S.A., Business Description, Business Overview 78
9.3.2 Total S.A., Business Description, Chemicals 79
9.3.3 Total S.A., Business Description, Downstream 79
9.3.4 Total S.A., Business Description, Upstream 81
9.3.5 Total S.A., Business Description, Major Products and Services 82
9.4 Total S.A., Value Chain Analysis 84
9.4.1 Total S.A., Value Chain Analysis, Upstream 84
9.4.2 Total S.A., Value Chain Analysis, Midstream 85
9.4.3 Total S.A., Value Chain Analysis, Downstream 85
9.4.4 Total S.A., Value Chain Analysis, Retail 86
9.5 Total S.A., SWOT Analysis 87
9.5.1 Total S.A., SWOT Analysis, Overview 87
9.5.2 Total S.A., SWOT Analysis, Strengths 88
9.5.3 Total S.A., SWOT Analysis, Weaknesses 89
9.5.4 Total S.A., SWOT Analysis, Opportunities 89
9.5.5 Total S.A., SWOT Analysis, Threats 90
9.6 Total S.A., Revenue Analysis 92
9.6.1 Total S.A., Revenue by Segment 92
9.6.2 Total S.A., Revenue by Geography 92
9.7 Total S.A., Financial and Operational Review 94
9.7.1 Financial Statements 94
9.7.2 Financial Ratios 95
10 Financial Deals Landscape 96
10.1 Detailed Deal Summary 96
10.1.1 Asset Transactions 96
11 Recent Developments 100
11.1 License Rounds 100
11.1.1 Jun 08, 2008: Petrobangla To Conclude Gas Bidding Evalutaion By June 15, 2008 100
11.1.2 May 20, 2008: Bangladesh To Pick Bids For Offshore Gas Hunt 101
11.1.3 Mar 20, 2008: Bangladesh Sees Good Interest From Oil Firms In Gas Blocks Auction 103
11.2 License Awards 103
11.2.1 Mar 24, 2009: Bangladesh Government Announces Results Of Third Round Offshore Bidding 103
11.2.2 Mar 16, 2009: ConocoPhillips Awaits Contract For Eight Deep-Water Exploration Blocks In Bangladesh 105
11.2.3 Mar 09, 2009: Chevron's Gas Investment Plan Being Approved By Petrobangla 105
11.2.4 Jul 12, 2008: Petrobangla Selects Two International Oil Firms For Exploring Hydrocarbons In Bay Of Bengal 105
11.2.5 Jun 24, 2008: Chevron And Cairn Signs Gas Exploration Deal With Bangladesh 107
11.2.6 Jun 08, 2008: Petrobangla To Conclude Gas Bidding Evalutaion By June 15, 2008 107
11.2.7 May 07, 2008: Bangladesh To Allow Exploration Of Offshore Gas Fields 109
11.2.8 Apr 05, 2008: Cairn Energy Receives Petrobangla's Approval To Explore Further 109
11.3 Strategy and Business Expansion 110
11.3.1 Mar 18, 2009: PTTEP Quits Exploration Projects In Indonesia And Bangladesh 110
11.3.2 Mar 17, 2009: Total Surrenders Exploration Rights In Two Offshore Blocks In Bangladesh 110
11.3.3 Feb 23, 2009: Cairn Energy Surrenders Exploration Rights In Block 5, Bangladesh 111
11.4 Recent Discoveries 112
11.4.1 Feb 26, 2009: Total Identifies Offshore Gas Prospects In Bangladesh 112
11.4.2 Mar 27, 2008: Cairn Energy Announces Gas Discoveries In Bangladesh 113
11.4.3 Mar 17, 2008: Cairn Energy Plans More Exploration In Bangladesh 114
11.5 Drilling and Production Updates 114
11.5.1 Jan 12, 2009: Chevron Boosts Natural Gas Production In Bangladesh 114
11.5.2 Dec 17, 2008: Cairn Explores Deeper At Sangu Field In Bangladesh 115
11.5.3 Oct 08, 2008: Petrobangla And Tullow Commences Gas production From Bangura Gas Field In Dhaka, Bangladesh 116
11.6 Other Significant Developments 116
11.6.1 Mar 25, 2009: Petrobangla To Commission New Pipeline In Bangladesh 116
11.6.2 Mar 25, 2009: Bangladesh Asks International Companies To Tighten Oil Security 117
11.6.3 Mar 09, 2009: Total Fails To Find Hydrocarbons In Two Offshore Blocks In Bangladesh 119
11.6.4 Feb 11, 2009: Chevron To Start 2D Survey At Block 7 In Bangladesh 119
11.6.5 Dec 29, 2008: Cairn Completes Work On Sangu Field In Bangladesh 120
11.6.6 Nov 10, 2008: Daewoo Suspends Oil And Gas Exploration In Bay Of Bengal 120
11.6.7 Sep 23, 2008: Petrobangla To Conduct 3D Seismic Surveys In Gas Fields 121
11.6.8 Sep 15, 2008: India, Bangladesh Resumes Talks On Offshore Oil And Exploration Acreage 121
11.6.9 Sep 08, 2008: Cairn To Invest $9.5 Million On Sangu Field In Bangladesh 122
11.6.10 Jun 25, 2008: Bangladesh To Raise Natural Gas Production By 20% 123
12 Appendix 124
12.1 Methodology 124
12.1.1 Coverage 125
12.1.2 Secondary Research 126
12.1.3 Primary Research 126
12.1.4 E&P Forecasts 126
12.1.5 Midstream Forecasts 128
12.1.6 Expert Panel Validation 128
12.2 Contact Us 128
12.3 About GlobalData 128
12.4 Disclaimer 129
1.1 List of Tables
Table 1: Bangladesh, Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020 13
Table 2: Bangladesh, Historical and Forecasted Imports of Crude Oil, 1996-2020 15
Table 3: Bangladesh, Historical Reserves of Crude Oil, 1996-2008 17
Table 4: South Asia, Investment Benchmarking, Overall Country Rankings, April 2008 24
Table 5: South Asia, Investment Benchmarking, Upstream Fiscal Attractiveness, April 2008 25
Table 6: South Asia, Investment Benchmarking, Oil Sector Performance, April 2008 27
Table 7: South Asia, Investment Benchmarking, Economic Performance, April 2008 32
Table 8: South Asia, Country Standings, Economic Performance, April 2008 32
Table 9: South Asia, Investment Benchmarking, Socio-Political Performance, April 2008 34
Table 10: South Asia, Country Standings, Socio-Political Performance, April 2008 35
Table 11: Bangladesh, Crude Oil Key Statistics, 2008 37
Table 12: Bangladesh, Total Gross Crude Oil Production (MMBBLs), 2001-2008 38
Table 13: Bangladesh, Gross Crude Oil Production (MMBBLs), by Assets, 2001-2008 39
Table 14: Bangladesh, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2001-2008 39
Table 15: Bangladesh, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2001-2008 40
Table 16: Bangladesh, Gross Crude Oil Production (Thousand Barrels), Forecast by Assets, 2009-2014 42
Table 17: Bangladesh, Forecasted Assets-wise Gross Revenue (000'$), 2009-2014 42
Table 18: Bangladesh, Projected Assets-wise Total Government Take (000'$), 2009-2014 43
Table 19: Bangladesh, Projected Assets-wise Total Contractor Take (000'$), 2009-2014 43
Table 20: Bangladesh, Refinery Key Statistics, 2008 44
Table 21: Bangladesh, Total Refining Capacity (MMTPA), 2000- 2013 44
Table 22: Bangladesh, Refining Capacity Company-wise (MMTPA), 2000-2013 45
Table 23: Bangladesh, Crude Distillation Unit Capacity (MMTPA), 2000-2013 46
Table 24: Bangladesh, Hydrocracking Unit Capacity (MMTPA), 2000-2013 46
Table 25: Chevron Corporation, Key Facts 47
Table 26: Chevron Corporation, SWOT Analysis 58
Table 27: Chevron Corporation, Revenue by Segment, USD Million, 2003-2007 63
Table 28: Chevron Corporation, Revenue by Geography, USD Million, 2003-2007 63
Table 29: Chevron Corporation, Financial Statements, USD Million, 2003-2007 64
Table 30: Chevron Corporation, Financial Ratios, USD Million, 2003-2007 65
Table 31: Tullow Oil plc,Key Facts 66
Table 32: Tullow Oil plc, SWOT Analysis 71
Table 33: Tullow Oil plc, Revenue by Segment, GBP Thousand, 2003-2007 75
Table 34: Tullow Oil plc, Revenue by Geography, GBP Thousand, 2003-2007 75
Table 35: Tullow Oil plc, Financial Statements, GBP Thousand, 2003-2007 76
Table 36: Tullow Oil plc, Financial Ratios, GBP Thousand, 2003-2007 77
Table 37: TOTAL S.A., Key Facts 78
Table 38: TOTAL S.A., SWOT Analysis 88
Table 39: TOTAL S.A., Revenue by Segment, Euro Million, 2003-2007 92
Table 40: TOTAL S.A., Revenue by Geography, Euro Million, 2003-2007 93
Table 41: TOTAL S.A., Financial Statements, Euro Million, 2003-2007 94
Table 42: TOTAL S.A., Financial Ratios, Euro Million, 2003-2007 95
Table 43: PTT Exploration & Production Acquires 30% Stake In Blocks 17 and 18 From Total 96
Table 44: Santos Acquires Cairn Energy Bangladesh From Capricorn Energy 97
Table 45: Halliburton Sells Its Oil And Gas Assets In Bangladesh 98
Table 46: Total Acquires Interest In Exploration Blocks 99
1.2 List of Figures
Figure 1: Bangladesh, Energy Sector break-up, 2008 11
Figure 2: Bangladesh, Crude Oil Production and Consumption, Thousand Barrels Per Day, 1996-2020 14
Figure 3: Bangladesh, Crude Oil Imports, Thousand Barrels Per Day, 1996-2020 16
Figure 4: Bangladesh, Crude Oil Reserves, Million Barrels, 1996-2008 18
Figure 5: Bangladesh, Upstream Oil & Gas Fiscal Regime (PSA), Sample Cashflows, 2005-2016 23
Figure 6: South Asia, Country Standings, Upstream Fiscal Attractiveness, April 2008 26
Figure 7: South Asia, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, April 2008 28
Figure 8: South Asia, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, April 2008 29
Figure 9: South Asia, Country Standings, Exploration Blocks Awarded, April 2008 30
Figure 10: South Asia, Country Standings, Economic Performance, April 2008 33
Figure 11: South Asia, Country Standings, Socio-Political Performance, April 2008 35
Figure 12: Bangladesh, Crude Oil Assets Map, 2008 37
Figure 13: Bangladesh, Total Gross Crude Oil Production (MMBBLs), 2001-2008 38
Figure 14: Bangladesh, Gross Equity Weighted Crude Oil Production (MMBBLs),by Company, 2001-2008 40
Figure 15: Bangladesh, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2008 41
Figure 16: Bangladesh, Total Refining Capacity (MMTPA), 2000- 2013 45
Figure 17: Chevron Corporation, Value Chain Analysis 53
Figure 18: Tullow Oil plc, Value Chain Analysis 69
Figure 19: TOTAL S.A., Value Chain Analysis 84
Figure 20: GlobalData Methodology 125
GlobalData
Energy and Power
