1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9
2 Ivory Coast Energy Sector 10
2.1 Ivory Coast Energy Sector, Crude Oil 11
2.1.1 Ivory Coast Crude Oil, Overview 11
2.1.2 Ivory Coast Crude Oil, Supply and Demand Balance 11
2.1.3 Ivory Coast Crude oil, Regulatory Structure 17
2.1.4 Ivory Coast Crude oil, Infrastructure 17
3 Ivory Coast Upstream Investment Environment Benchmarking 19
3.1 Introduction 19
3.2 The Overall Ranking 19
3.3 Upstream Fiscal Attractiveness 20
3.3.1 Maximum Government Take Index 21
3.3.2 Fiscal Flexibility 21
3.3.3 Maximum State Participation 22
3.3.4 Maximum Domestic Market Obligation 22
3.4 Oil Sector Performance 22
3.4.1 Exploration Activity 24
3.4.2 Oil Production 25
3.4.3 Oil Reserves 25
3.4.4 Oil Consumption 25
3.4.5 Refining Industry 26
3.5 Economic Performance 26
3.5.1 GDP Growth Index 28
3.5.2 FDI Confidence Index 28
3.5.3 Balance of Trade Index 28
3.6 Socio-Political Performance 28
3.6.1 Democracy Index 30
3.6.2 Governance Index 30
4 Ivory Coast Exploration and Production Sector 31
4.1 Ivory Coast Exploration and Production Sector, Country Snapshot 31
4.1.1 Ivory Coast Exploration and Production Sector, Key Data 31
4.1.2 Ivory Coast Exploration and Production Sector, Crude Oil Assets Map 31
4.2 Ivory Coast Exploration and Production Sector, Gross Crude Oil Production 32
4.2.1 Ivory Coast Exploration and Production Sector, Gross Crude Oil-Historical Production 32
4.2.2 Ivory Coast Exploration and Production Sector, Gross Crude Oil Production by Assets 33
4.2.3 Ivory Coast Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 33
4.2.4 Ivory Coast Exploration and Production Oil Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 35
4.3 Ivory Coast Exploration and Production Sector, Gross Crude Oil Forecasts 36
4.3.1 Ivory Coast Exploration and Production Sector, Gross Crude Oil Forecasted Production 36
5 Ivory Coast Pipeline Sector 37
5.1 Ivory Coast Pipeline Sector, Key Data 37
5.2 Ivory Coast Pipeline Sector, an Overview 37
5.3 Ivory Coast Pipeline Sector, Comparision of Key Crude Oil Pipeline Companies 37
5.4 Ivory Coast Pipeline Sector, Crude Oil Pipelines 38
6 Ivory Coast Refining Sector 39
6.1 Ivory Coast Refining Sector, Key Data 39
6.2 Ivory Coast Refining Sector, An Overview 39
6.2.1 Ivory Coast Refining Sector, Total Refining Capacity 39
6.3 Ivory Coast Refining Sector, Capacity- Wise Market Share by Company 40
6.4 Ivory Coast Refining Sector, Crude Distillation Unit Capacity 42
6.5 Ivory Coast Refining Sector, Hydrocracking Capacity 42
7 Ivory Coast Oil and Chemicals Storage Sector 43
7.1 Ivory Coast Oil and Chemicals Storage Sector, Key Data 43
7.2 Ivory Coast Oil and Chemicals Storage Sector, An Overview 43
7.2.1 Ivory Coast Oil and Chemicals Storage Sector, Total Storage Capacity 43
7.3 Ivory Coast Oil and Chemicals Storage Sector, Capacity-Wise Market Share By Company 44
7.4 Ivory Coast Oil and Chemicals Storage Sector, Storage Capacity 45
8 Profile of Canadian Natural Resources 46
8.1 Canadian Natural Resources Limited, Key Information 46
8.2 Canadian Natural Resources Limited, Company Overview 46
8.3 Canadian Natural Resources Limited, Business Description 46
8.3.1 Canadian Natural Resources Limited, Business Description, Business Overview 46
8.3.2 Canadian Natural Resources Limited, Business Description, Crude Oil and Natural Gas 47
8.3.3 Canadian Natural Resources Limited, Business Description, Horizon Project 49
8.3.4 Canadian Natural Resources Limited, Business Description, Midstream 50
8.3.5 Canadian Natural Resources Limited, Business Description, Major Products and Services 50
8.4 Canadian Natural Resources Limited, Value Chain Analysis 51
8.5 Canadian Natural Resources Limited, Value Chain Analysis, Upstream 52
8.5.1 Canadian Natural Resources Limited, Value Chain Analysis, Midstream 53
8.6 Canadian Natural Resources Limited, SWOT Analysis 53
8.6.1 Canadian Natural Resources Limited, SWOT Analysis, Overview 53
8.6.2 Canadian Natural Resources Limited, SWOT Analysis, Limited Strengths 54
8.6.3 Canadian Natural Resources Limited, SWOT Analysis, Limited Weaknesses 54
8.6.4 Canadian Natural Resources Limited, SWOT Analysis, Limited Opportunities 55
8.6.5 Canadian Natural Resources Limited, SWOT Analysis, Limited Threats 56
8.7 Canadian Natural Resources Limited, Revenue Analysis 57
8.7.1 Canadian Natural Resources Limited, Revenue by Segment 57
8.7.2 Canadian Natural Resources Limited, Revenue by Geography 58
8.8 Canadian Natural Resources Limited, Financial and Operational Review 59
8.8.1 Financial Statements 59
8.8.2 Financial Ratios 60
9 Profile of Devon Energy Corporation 61
9.1 Devon Energy Corporation, Key Information 61
9.2 Devon Energy Corporation, Company Overview 61
9.3 Devon Energy Corporation, Business Description 61
9.3.1 Devon Energy Corporation, Business Description, Business Overview 61
9.3.2 Devon Energy Corporation, Business Description, Exploration and Production 62
9.3.3 Devon Energy Corporation, Business Description, Marketing and Midstream 63
9.3.4 Devon Energy Corporation, Business Description, Major Products and Services 65
9.4 Devon Energy Corporation, Value Chain Analysis 65
9.4.1 Devon Energy Corporation, Value Chain Analysis, Upstream 66
9.4.2 Devon Energy Corporation, Value Chain Analysis, Midstream 67
9.5 Devon Energy Corporation, SWOT Analysis 67
9.5.1 Devon Energy Corporation, SWOT Analysis, Overview 67
9.5.2 Devon Energy Corporation, SWOT Analysis, Strengths 68
9.5.3 Devon Energy Corporation, SWOT Analysis, Weaknesses 69
9.5.4 Devon Energy Corporation, SWOT Analysis, Opportunities 69
9.5.5 Devon Energy Corporation, SWOT Analysis, Threats 70
9.6 Devon Energy Corporation, Revenue Analysis 71
9.6.1 Devon Energy Corporation, Revenue by Segment 71
9.7 Devon Energy Corporation, Revenue by Geography 72
9.8 Devon Energy Corporation, Financial and Operational Review 73
9.8.1 Financial Statements 73
9.8.2 Financial Ratios 74
10 Profile of Tullow Oil plc 75
10.1 Tullow Oil plc, Key Information 75
10.2 Tullow Oil plc, Company Overview 75
10.3 Tullow Oil plc, Business Description 75
10.3.1 Tullow Oil plc, Business Description, Business Overview 75
10.3.2 Tullow Oil plc, Business Description, Oil and Gas 75
10.3.3 Tullow Oil plc, Business Description, Major Products and Services 77
10.4 Tullow Oil plc, Value Chain Analysis 78
10.4.1 Tullow Oil plc, Value Chain Analysis, Upstream 78
10.5 Tullow Oil plc, SWOT Analysis 79
10.5.1 Tullow Oil plc, SWOT Analysis, Overview 79
10.5.2 Tullow Oil plc, SWOT Analysis, Strengths 80
10.5.3 Tullow Oil plc, SWOT Analysis, Weaknesses 81
10.5.4 Tullow Oil plc, SWOT Analysis, Opportunities 82
10.5.5 Tullow Oil plc, SWOT Analysis, Threats 83
10.6 Tullow Oil plc, Revenue Analysis 83
10.6.1 Tullow Oil plc, Revenue by Segment 84
10.6.2 Tullow Oil plc, Revenue by Geography 84
10.7 Tullow Oil plc, Financial and Operational Review 85
10.7.1 Financial Statements 85
10.7.2 Financial Ratios 86
11 Financial Deals Landscape 87
11.1 Detailed Deal Summary 87
11.1.1 Asset Transactions 87
12 Recent Developments 90
12.1 Other Significant Developments 90
12.1.1 Oct 02, 2008: Afren Appoints New Director For Ivory Coast Operations 90
13 Appendix 91
13.1 Methodology 91
13.1.1 Coverage 91
13.1.2 Secondary Research 92
13.1.3 Primary Research 92
13.1.4 E&P Forecasts 93
13.1.5 Midstream Forecasts 94
13.1.6 Expert Panel Validation 94
13.2 Contact Us 95
13.3 About GlobalData 95
13.4 Disclaimer 95
1.1 List of Tables
Table 1: Ivory Coast , Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020 12
Table 2: Ivory Coast , Historical and Forecasted Import and Export of Crude Oil, 1996-2020 14
Table 3: Ivory Coast , Historical Reserves of Crude Oil, 1996-2008 16
Table 4: West Africa, Investment Benchmarking, Overall Country Rankings, 2008 19
Table 5: West Africa, Investment Benchmarking, Upstream Fiscal Attractiveness, 2008 20
Table 6: West Africa, Investment Benchmarking, Oil Sector Performance, 2008 22
Table 7: West Africa, Investment Benchmarking, Economic Performance, 2008 26
Table 8: West Africa, Country Standings, Economic Performance, 2008 27
Table 9: West Africa, Investment Benchmarking, Socio-Political Performance, 2008 29
Table 10: West Africa, Country Standings, Socio-Political Performance, 2008 29
Table 11: Ivory Coast, Crude Oil Key Statistics, 2008 31
Table 12: Ivory Coast, Total Gross Crude Oil Production (MMBBLs), 2001-2008 32
Table 13: Ivory Coast, Gross Crude Oil Production (MMBBLs), by Assets, 2001-2008 33
Table 14: Ivory Coast, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2001-2008 33
Table 15: Ivory Coast, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2001-2008 35
Table 16: Ivory Coast, Gross Crude Oil Production (MMBBLs), Forecast by Assets, 2009-2014 36
Table 17: Ivory Coast, Pipeline Key Statistics, 2008 37
Table 18: Ivory Coast, Crude Oil Pipeline Length by Company (Km), 2008 37
Table 19: Ivory Coast, Crude Oil Pipelines, 2008 38
Table 20: Ivory Coast, Refinery Key Statistics, 2008 39
Table 21: Ivory Coast, Total Refining Capacity (MMTPA), 2000- 2013 39
Table 22: Ivory Coast, Refining Capacity Company-wise (MMTPA), 2000-2013 40
Table 23: Ivory Coast, Crude Distillation Unit Capacity (MMTPA), 2000-2013 42
Table 24: Ivory Coast, Hydrocracking Unit Capacity (MMTPA), 2000-2013 42
Table 25: Ivory Coast, Oil Storage Key Statistics, 2008 43
Table 26: Ivory Coast, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013 43
Table 27: Ivory Coast, Oil and Chemicals Storage Capacity Company-wise (Thousand M3), 2000-2013 44
Table 28: Ivory Coast, Storage Capacity (Thousand M3), 2000-2013 45
Table 29: Canadian Natural Resources Limited, Key Facts 46
Table 30: Canadian Natural Resources Limited, SWOT Analysis 53
Table 31: Canadian Natural Resources Limited, Revenue by Segment, C$ Million, 2003-2007 57
Table 32: Canadian Natural Resources Limited, Revenue by Geography, C$ Million, 2003-2007 58
Table 33: Canadian Natural Resources Limited, Financial Statements, C$ Million, 2003-2007 59
Table 34: Canadian Natural Resources Limited, Financial Ratios, C$ Million, 2003-2007 60
Table 35: Devon Energy Corporation, Key Facts 61
Table 36: Devon Energy Corporation, SWOT Analysis 68
Table 37: Devon Energy Corporation, Revenue by Segment, USD Million, 2003-2007 72
Table 38: Devon Energy Corporation, Revenue by Geography, USD Million, 2003-2007 72
Table 39: Devon Energy Corporation, Financial Statements, USD Million, 2003-2007 73
Table 40: Devon Energy Corporation, Financial Ratios, USD Million, 2003-2007 74
Table 41: Tullow Oil plc, Key Facts 75
Table 42: Tullow Oil plc, SWOT Analysis 80
Table 43: Tullow Oil plc, Revenue by Segment, GBP Thousand, 2003-2007 84
Table 44: Tullow Oil plc, Revenue by Geography, GBP Thousand, 2003-2007 84
Table 45: Tullow Oil plc, Financial Statements, GBP Thousand, 2003-2007 85
Table 46: Tullow Oil plc, Financial Ratios, GBP Thousand, 2003-2007 86
Table 47: Gold Star To Acquire West African Oil Concession From Bengal Bight Ghana 87
Table 48: Devon Energy Sells Assets In Ivory Coast To Afren 88
1.2 List of Figures
Figure 1: Ivory Coast , Energy Sector Break-Up, 2008 10
Figure 2: Ivory Coast , Crude Oil Production And Consumption (Thousand Barrels Per Day), 1996-2020 13
Figure 3: Ivory Coast , Crude Oil Imports And Exports (Thousand Barrels Per Day), 1996-2020 15
Figure 4: Ivory Coast , Crude Oil Reserves (Million Barrels), 1996-2008 17
Figure 5: West Africa, Country Standings, Upstream Fiscal Attractiveness, 2008 21
Figure 6: West Africa, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, 2008 23
Figure 7: West Africa, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, 2008 24
Figure 8: West Africa, Country Standings, Exploration Blocks Awarded, 2008 25
Figure 9: West Africa, Country Standings, Economic Performance, 2008 27
Figure 10: West Africa, Country Standings, Socio-Political Performance, 2008 30
Figure 11: Ivory Coast, Crude Oil Assets Map, 2008 31
Figure 12: Ivory Coast, Total Gross Crude Oil Production (MMBBLs), 2001-2008 32
Figure 13: Ivory Coast, Gross Equity Weighted Crude Oil Production (MMBBLs),by Company, 2001-2008 34
Figure 14: Ivory Coast, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2008 36
Figure 15: Ivory Coast, Total Refining Capacity (MMTPA), 2000- 2013 40
Figure 16: Ivory Coast, Refining Capacity Company-wise (MMTPA), 2008 41
Figure 17: Ivory Coast, Refining Capacity Company-wise (MMTPA), 2013 41
Figure 18: Ivory Coast, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013 44
Figure 19: Canadian Natural Resources Limited, Value Chain Analysis 51
Figure 20: Devon Energy Corporation, Value Chain Analysis 65
Figure 21: Tullow Oil plc, Value Chain Analysis 78
Figure 22: GlobalData Methodology 91