Statoil ASA Company Intelligence Report


#168093

70pages

GlobalData

$ 1000

In Stock


Statoil ASA Company Intelligence Report

Summary

Statoil ASA (Statoil) is an integrated oil and gas energy company with a presence across the entire oil and gas value chain. The companys headquarters are located in Norway and it has business operations in 41 countries worldwide. Apart from Norway, the company has business operations in the US, Canada, Cuba, the Bahamas, Mexico, Brazil, Venezuela, Suriname, Algeria, Angola, Libya, Egypt, Nigeria, Tanzania, Mozambique, Azerbaijan, Iran, Iraq, Turkey, the United Arab Emirates, Russia, the UK, Germany, Ireland, Poland, Sweden and China. The companys major business activities can be categorized as follows: exploration; development and production of crude oil and natural gas; transportation and processing of gas and Liquefied Natural Gas (LNG); and marketing and sale of crude oil and refined products. Statoils operations are managed through various operating segments which include Development and Production Norway (DPN), Development and Production North America (DPNA), Development and Production International (DPI), Marketing, Processing and Renewable Energy (MPR), Statoil Fuel and Retail (SFR), and Other.

Scope


  • Key Highlights: This section provides detailed analysis on the companys overall oil and gas value chain, new projects, growth opportunities, new ventures, assets performance, geographical results of oil and gas operations. 
  • Goals and Strategies: This section provides the upcoming goals and strategies of the company. The section mainly goals and strategies followed by the company in order to meet its upcoming goals. 
  • SWOT: The reports SWOT section provides the internal strength, weakness, opportunities and threats of company to reflect its strategic positions in the market. 
  • Production and Development Overview: This section highlights the companys crude oil and natural gas production forecast from its legacy and upcoming assets by region and commodity mix for next five years. The report also covers the detailed information and analysis on the companys producing and development assets. 
  • Exploration: This section includes detailed explanation and analysis on the companys exploration assets resulted due to new discoveries, new drilling and other activities. 
  • M&A trends: This section mainly provides information and analysis on the companys recent assets transactions, joint ventures, acquisition, and divestment activities during the last one year. This section highlights the companys status as a buyer or seller during the analyzed period. 
  • Financial Forecast and Valuation: This section highlights the detailed financial statement forecast for next five years. With the financial statement forecast, this section also provides intrinsic value of the company by using Valuation method. 
  • Financial and Operational Metrics: This section covers the companys historical performance on several financial and operational parameters such as Production and Reserves, Reserves Replacement, Costs Incurred, Acreage, Wells, F&D Costs, Oil and Gas Revenue and Expenses etc.

Reasons to buy


  • The report will enhance the decision-making capability in a more rapid and time sensitive manner. It will allow you to 
  • Provide detailed analysis to those who are interested in knowing the companies existing and future business strategies.
  • Provide in-depth analysis on the companies E&P profiles along with the exploration and M&A updates. 
  • Provide valuable insights to those who are tracking oil and gas markets and wants to know the intrinsic value of the companies. 
  • Use the analysis for strategy and planning, M&A identifications, and competitor analysis.
Table of Contents

1 Table of Contents
1 Table of Contents 3
1.1 List of Tables 4
1.2 List of Figures 5

2 Statoil ASA, Company Overview 6

3 Statoil ASA, Key Highlights 11
3.1 Key Projects to Support Production Growth 11
3.2 Strengthening of Upstream Operations 12
3.2.1 DPN Projects to Drive Companys Future Production Growth 12
3.2.2 International Projects to Drive Companys Future Production Growth 13
3.3 Technological Expertise across the Oil and Gas Value Chain 15
3.3.1 Drilling and Well 16
3.3.2 Enhancing Downstream Activities 16

4 Statoil ASA, SWOT Analysis 17
4.1 Strengths 17
4.1.1 Substantial Exploration Success Leads to High Resource Base 17
4.1.2 Strong Development of Reserves 18
4.1.3 Strong Position in Gas 18
4.1.4 Robust Financial Performance 18
4.2 Weaknesses 19
4.2.1 Low Reserve Replacement Ratio 19
4.2.2 Growth in Production Lagging Behind Growth in Reserve Base 19
4.3 Opportunities 19
4.3.1 Exploring Renewable and Unconventional Energy Sources 19
4.3.2 Diversified Asset Portfolio 20
4.3.3 NCS Revitalization 20
4.3.4 Extensive Offshore Footprint Driven by Technology 20
4.4 Threats 21
4.4.1 Energy Resources in Harsh Environments 21

5 Statoil ASA, Goals and Strategies 22
5.1 Increased Global Focus on Upstream Activities with Emphasis on the NCS 22
5.2 Focus on US Unconventional Plays 23
5.3 Creating Value from Gas 23
5.4 Developing Renewable Sources of Energy for Sustainable Long-Term Growth 23

6 Statoil ASA, Production and Asset Profile 24
6.1 Production Profile 24
6.2 Asset Profile 26
6.2.1 Norwegian Continental Shelf 26

7 Statoil ASA, Exploration and Development Overview 37
7.1 Norwegian Continental Shelf 37
7.1.1 North Sea 38
7.1.2 Norwegian Sea 38
7.1.3 Barents Sea 38
7.2 International Exploration 39
7.2.1 Canada 39
7.2.2 The US 39
7.3 Brazil 40
7.4 Angola 41
7.5 East Africa 41
7.6 Algeria 41
7.7 The UK 41
7.8 Ireland 41
7.9 Azerbaijan 41
7.10 Russia 42
7.11 Iraq 42
7.12 Egypt 42
7.13 Indonesia 42

8 Marketing Processing and Renewable Energy 44
8.1.1 MPR Activities 44

9 Capital Expenditure 45
9.1 Costs Incurred 47

10 Acreage 50

11 Statoil ASA, M&A Highlights 51

12 Statoil ASA, Forecast Production and Financial Statements 53
12.1 Income Statement (20102017) 55
12.2 Balance Sheet (20102017) 56
12.3 Cash Flow Statement (20102017) 57
12.4 Financial Ratios 58

13 Statoil ASA, Valuation 60
13.1 Discounted Cash Flow Methodology 60

14 Statoil ASA, Peer Comparison 62
14.1 Share Price Performance 62
14.2 Operational and Financial Performance 63
14.3 Key Financial and Operational Ratio 66

15 Appendix 68
15.1 Abbreviations 68
15.2 Sources 69
15.3 Methodology 69
15.3.1 Coverage 69
15.3.2 Secondary Research 70
15.3.3 Primary Research 70
15.4 Contact Us 70
15.5 Disclaimer 70

Table 1: Statoil ASA, Prospects in Norway, 2014-2018 13
Table 2: Statoil ASA, Prospects Outside Norway, International, 2011-2017 14
Table 3: Statoil ASA, Production Estimates and Forecast (mmboe), 20092017 25
Table 4: Statoil ASA, Total Liquids and Natural Gas Production, mmboe, 20092012 25
Table 5: Statoil ASA, Costs Incurred, (US$m), 20092012 48
Table 6: Statoil ASA, Reserve Replacement Ratio and Finding and Development Cost, 20092012 49
Table 7: Statoil, Major Transactions as a Buyer, 20112012 51
Table 8: Statoil, Major Transactions as a Seller, 20112012 52
Table 9: Statoil ASA, Historical and Forecast Production, 20102017 53
Table 10: GlobalData, Price Forecasts, 20132017 53
Table 11: Statoil ASA, Income Statement (US$m), 20102017 55
Table 12: Statoil ASA, Balance Sheet (US$m), 20102017 56
Table 13: Statoil ASA, Cash Flow Statement (US$m), 20102017 57
Table 14: Statoil ASA, Profitability Ratios, 20102017 58
Table 15: Statoil ASA, Other Financial Ratios, 20102017 59
Table 16: Statoil ASA, Free Cash Flow Calculation (US$m), 2012 60
Table 17 : Statoil ASA, DCF Calculation, 2012 61
Table 18: Statoil ASA and its Peers, Operational and Financial Performance, 2011 63
Table 19: Statoil ASA and its Peer Group Comparison, Financial Ratios, 2012 66
Figure 1: Statoil ASA, Operational Overview, 2012 7
Figure 2: Statoil ASA, Performance Charts, 20092012 8
Figure 3: Statoil ASA, Share Price Performance, March 2012March 2013 10
Figure 4: Statoil ASA, Outside Norway 14
Figure 5: Statoil ASA, Research Centers and Offices, Norway and Canada 16
Figure 6: Statoil ASA, Global Exploration Activity, 2012 17
Figure 7: Statoil ASA, Capital Expenditure and Cash Flow from Operations Pattern 19
Figure 8: Statoil ASA, Total Liquids and Gas Production (mmboe), 20092017 24
Figure 9: Statoil ASA, Total Liquids and Natural Gas Production Mix (%), 20092012 25
Figure 10: Statoil ASA, Fields Under Development in the NCS, 2012 27
Figure 11: Statoil ASA, Operations North, NCS, 2012 28
Figure 12: Statoil ASA, Operations West, Norway, 2012 29
Figure 13: Statoil ASA, Operations North Sea East, NCS, 2012 30
Figure 14: Statoil ASA, Operations North Sea South, NCS, 2012 31
Figure 15: Statoil ASA, Canada Operations, 2012 33
Figure 16: Statoil ASA, US Operations, 2012 34
Figure 17: Statoil ASA, Angola Operations, 2012 35
Figure 18: Statoils International Exploration and Production Areas, 2012 37
Figure 19: Statoil ASA, Operational Map, Brazil, 2012 40
Figure 20: Statoil ASA, Operational Map, Indonesia, 2012 43
Figure 21: Statoils Capital Expenditure Outlook 20132016 46
Figure 22: Statoil ASA, Capital Expenditure by Segment (%), 2012 46
Figure 23: Statoil ASA, Costs Incurred (US$m), 20092012 47
Figure 24: Statoil ASA, Reserve Replacement Ratio and Finding and Development Cost, 20092012 48
Figure 25: Statoil ASA Versus Peers Acreage Comparison (Million Acres), 2011 50
Figure 26: Statoil ASA and its Peers, Relative Share Price Performance, %, January 2012 December 2012 62
Figure 27: Statoil ASA and its Peers, Total Production and Reserves (mmboe), 2011 64
Figure 28: Statoil ASA, Financial Parameters, 2012 65
Figure 29: Statoil Reserve Life Index (in Years), 2012 65
Figure 30: Statoil and its Peers, Valuation Ratios, 2011 67