866-997-4948(US-Canada Toll Free)

Italy Oil Markets, 2013

Published By :

GlobalData

Published Date : Jun 2013

Category :

Oil and Gas

No. of Pages : 122 Pages


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 Italy. 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, FPSOs, FSOs, refineries, pipelines and storage terminals) in Italy. The report compares the investment environment in Italy with other countries in the region. The profiles of the major companies operating in the crude oil sector in Italy 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 2000-2020.
  • Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Italy for the period 2005-2017.
  • Operator and equity details for major crude oil assets in Italy.
  • Key information relating to market regulations, key energy assets and the key companies operating in the Italy’s energy industry.
  • Information on the top companies in the Italy 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.

Reasons to buy

  • Gain a strong understanding of the country’s energy market.
  • Facilitate market analysis and forecasting of future industry trends.
  • Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
  • 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 Content

1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9

2 Italy Energy Sector 10
2.1 Italy Energy Sector, Market Overview 10
2.2 Italy Energy Sector, Oil 10
2.2.1 Italy Oil, Overview 10
2.2.2 Italy Oil, Supply and Demand Balance 11
2.2.3 Italy Crude Oil, Regulatory Structure 16
2.2.4 Italy Crude Oil, Infrastructure 16

3 Italy Oil Upstream Investment Environment Benchmarking 17
3.1 Introduction 17
3.2 The Overall Ranking 17
3.3 Upstream Fiscal Attractiveness 17
3.3.1 Maximum Government Take Index 19
3.3.2 Fiscal Flexibility 19
3.3.3 Maximum State Participation 19
3.4 Oil Sector Performance 19
3.4.1 Exploration Activity 21
3.4.2 Oil Production 22
3.4.3 Oil Reserves 22
3.4.4 Consumption 23
3.4.5 Refining Capacity 23
3.5 Economic Performance 23
3.5.1 GDP Growth Index 25
3.5.2 FDI Confidence Index 25
3.5.3 Balance of Trade Index 25
3.6 Socio-Political Performance 25

4 Italy Exploration and Production Sector 28
4.1 Italy Exploration and Production Sector, Country Snapshot 28
4.1.1 Italy Exploration and Production Sector, Key Data 28
4.1.2 Italy Exploration and Production Sector, Crude Oil Assets Map 28
4.1.3 Italy Exploration and Production Sector, Gross Crude Oil-Historical Production by Type 29
4.1.4 Italy Exploration and Production Sector, Gross Crude Oil Production by Assets 30
4.1.5 Italy Exploration and Production Sector, Market Share of companies Based on Gross Equity Weighted Crude Oil Production 30
4.2 Italy Exploration and Production Sector, Production Forecast 32
4.2.1 Italy Exploration and Production Sector, Gross Crude Oil Production Forecast 32
4.3 Italy Exploration and Production Sector, Crude Oil Asset Details 33
4.3.1 Italy Exploration and Production Sector, Active Crude Oil Asset Details 33
4.3.2 Italy Exploration and Production Sector, Planned Crude Oil Asset Details 34
4.4 Italy Exploration and Production Sector, Major Crude Oil Discoveries 34
4.4.1 Italy Exploration and Production Sector, Crude Oil Discoveries by Year 34
4.4.2 Italy Exploration and Production Sector, Crude Oil Discovery Details 35
4.5 Italy Exploration and Production Sector, Recent Discoveries 35
4.5.1 Sep 07, 2012: Orca Exploration Encounters Gas Shows At La Tosca-1 Exploration Well In Italy 35
4.6 Italy Exploration and Production Sector, Drilling and Production Updates 36
4.6.1 May 29, 2013: BRS Resources Provides Update On Gradizza-1 Exploration Well In La Prospera Permit, Italy 36
4.6.2 May 16, 2013: Sound Oil Delivers First Gas From Rapagnano Gas Field In Italy 36
4.6.3 May 09, 2013: Po Valley Energy Commits To Drill Gradizza-1 Exploration Well In La Prospera License, Italy 36
4.6.4 May 07, 2013: Sound Oil Provides Update On Nervesa Appraisal Well In Italy 37
4.6.5 Jan 08, 2013: Sound Oil Announces Successful Full Production Test Of Sabbie Reservoir At Rapagnano Field In Italy 37

5 Italy FPSO Industry 38
5.1 Italy FPSO Industry, FPSO Capacity Details by Vessel 38
5.2 Italy FPSO Industry, FPSO Vessel Specifications 38

6 Italy FSO Industry 39
6.1 Italy FSO Industry, FSO Capacity Details by Vessel 39
6.2 Italy FSO Industry, FSO Vessel Specifications 39

7 Italy Pipeline Sector 40
7.1 Italy Pipeline Sector, Key Data 40
7.2 Italy Pipeline Sector, An Overview 40
7.3 Italy Pipeline Sector, Comparison of Key Crude Oil Pipeline Companies 40
7.4 Italy Pipeline Sector, Comparison of Petroleum Product Pipeline Companies 42
7.5 Italy Pipeline Sector, Crude Oil Pipelines 43
7.6 Italy Pipeline Sector, Petroleum Product Pipelines 44

8 Italy Refining Sector 45
8.1 Italy Refining Sector, Key Data 45
8.2 Italy Refining Sector, An Overview 45
8.2.1 Italy Refining Sector, Total Refining Capacity 45
8.3 Italy Refining Sector, Crude Distillation Unit Capacity 47
8.4 Italy Refining Sector, Coking Capacity 48
8.5 Italy Refining Sector, Fluid Catalytic Cracking Capacity 48
8.6 Italy Refining Sector, Hydrocracking Capacity 49

9 Italy Oil and Chemicals Storage Sector 50
9.1 Italy Oil and Chemicals Storage Sector, Key Data 50
9.2 Italy Oil and Chemicals Storage Sector, An Overview 50
9.2.1 Italy Oil and Chemicals Storage Sector, Total Storage Capacity 50
9.2.2 Italy Oil and Chemicals Storage Sector, Storage Capacity by Area 51
9.3 Italy Oil and Chemicals Storage Sector, Capacity Market Share by Company 52
9.4 Italy Oil and Chemicals Storage Sector, Storage Capacity by Terminal 53

10 Profile of Eni S.p.A. 55
10.1 Eni S.p.A., Key Information 55
10.2 Eni S.p.A., Company Overview 55
10.3 Eni S.p.A., Business Description 56
10.3.1 Business Overview 56
10.3.2 Engineering & Construction 58
10.3.3 Exploration & Production 58
10.3.4 Gas & Power 59
10.3.5 Other activities 60
10.3.6 Petrochemicals 61
10.3.7 Refining & Marketing 61
10.4 Eni S.p.A., SWOT Analysis 62
10.4.1 Overview 62
10.4.2 Eni S.p.A. Strengths 63
10.4.3 Eni S.p.A. Weaknesses 66
10.4.4 Eni S.p.A. Opportunities 67
10.4.5 Eni S.p.A. Threats 70

11 Profile of Royal Dutch Shell plc 73
11.1 Royal Dutch Shell plc, Key Information 73
11.2 Royal Dutch Shell plc, Company Overview 73
11.3 Royal Dutch Shell plc, Business Description 74
11.3.1 Business Overview 74
11.3.2 Corporate 75
11.3.3 Downstream 75
11.3.4 Upstream 77
11.4 Royal Dutch Shell plc, SWOT Analysis 78
11.4.1 Overview 78
11.4.2 Royal Dutch Shell plc Strengths 79
11.4.3 Royal Dutch Shell plc Weaknesses 80
11.4.4 Royal Dutch Shell plc Opportunities 81
11.4.5 Royal Dutch Shell plc Threats 82

12 Profile of Northern Petroleum Plc 84
12.1 Northern Petroleum Plc, Key Information 84
12.2 Northern Petroleum Plc, Company Overview 84
12.3 Northern Petroleum Plc, Business Description 84
12.3.1 Business Overview 84
12.4 Northern Petroleum Plc, SWOT Analysis 86
12.4.1 Overview 86
12.4.2 Northern Petroleum Plc Strengths 86
12.4.3 Northern Petroleum Plc Weaknesses 87
12.4.4 Northern Petroleum Plc Opportunities 88
12.4.5 Northern Petroleum Plc Threats 89

13 Financial Deals Landscape 91
13.1 Detailed Deal Summary 91
13.1.1 Acquisition 91
13.1.2 Debt Offerings 95
13.1.3 Partnerships 97
13.1.4 Debt Offerings 98
13.1.5 Asset Transactions 106
14 Recent Developments 111
14.1 License Rounds 111
14.1.1 Sep 07, 2012: Norway Receives Applications From 47 Companies For APA 2012 Norwegian Continental Shelf Bidding Round 111
14.2 Strategy and Business Expansion 112
14.2.1 Feb 24, 2013: Rosneft And Eni Sign Agreement To Develop Trading And Logistics Opportunities 112
14.2.2 Jan 21, 2013: Eni And Petrovietnam Sign MoU For Development Of Business Opportunities In Vietnam And Abroad 112
14.3 Other Significant Developments 112
14.3.1 May 17, 2013: Sound Oil Provides Italy\'s Nervasa Appraisal Well Update 112
14.3.2 Apr 22, 2013: Sound Oil Announces Successful Commissioning Inspection Of Rapagnano Gas Field In Italy 113
14.3.3 Apr 18, 2013: BRS Resources Provides Operations Update 113
14.3.4 Apr 10, 2013: Greek Parliament Ratifies IGA Between Greece, Italy And Albania On TAP 113
14.3.5 Apr 04, 2013: Petroceltic International Provides Italian Operations Update 114
14.3.6 Mar 28, 2013: Sound Oil Provides Nervesa Appraisal Well Update 115
14.3.7 Mar 26, 2013: Albanian Parliament Ratifies Intergovernmental Agreement On Trans Adriatic Pipeline: TAP 116
14.3.8 Mar 19, 2013: Northern Petroleum Provides Update On Cygnus Prospect Operations Offshore Italy 116
14.3.9 Mar 05, 2013: Sound Oil Announces Receipt Of Final Nervesa Drilling Permission 117
14.3.10 Feb 19, 2013: Sound Oil Provides Badile Prospect Update 118
14.3.11 Feb 13, 2013: Greece, Italy And Albania Sign Intergovernmental Agreement On TAP Pipeline 118

15 Appendix 120
15.1 Abbreviations 120
15.2 Methodology 120
15.2.1 Coverage 120
15.2.2 Secondary Research 121
15.2.3 Primary Research 121
15.2.4 Refinery Capacity 121
15.3 Contact Us 121
15.4 Disclaimer 122

List of Table


Table 1: Italy, Historical and Forecast Production and Consumption of Oil, mbd, 2000-2020 11
Table 2: Italy, Historical and Forecast Exports and Imports of Oil, mbd, 2000-2020 13
Table 3: Italy, Historical Reserves of Crude Oil, billion bbl, 2000-2012 15
Table 4: Western Europe, Investment Benchmarking, Overall Country Rankings, May 2013 17
Table 5: Western Europe, Investment Benchmarking, Upstream Fiscal Attractiveness, May 2013 18
Table 6: Western Europe, Investment Benchmarking, Oil Sector Performance, May 2013 19
Table 7: Western Europe, Investment Benchmarking, Economic Performance, May 2013 23
Table 8: Western Europe, Country Standings, Economic Performance, by GDP Growth-FDI Confidence and Production Indices, May 2013 24
Table 9: Western Europe, Investment Benchmarking, Socio-Political Performance, May 2013 26
Table 10: Western Europe, Country Standings, Socio-Political Performance, by Exploration Growth- FDI Confidence and Governance Indices, May 2013 26
Table 11: Italy, Key Statistics, 2013 28
Table 12: Italy, Gross Crude Oil Production (%) by Type, 2003- 2012 29
Table 13: Italy, Gross Crude Oil Production (mmbbl), by Assets, 2003-2012 30
Table 14: Italy, Market Share (%) of Companies based on Gross Equity Weighted Crude Oil Production, 2003-2012 30
Table 15: Italy, Gross Crude Oil Production (mmbbl), Forecast by Assets, 2013- 2017 32
Table 16: Italy, Active Oil Field Assets Details 33
Table 17: Italy, Planned Oil Field Assets Details 34
Table 18: Italy, Number of Crude Oil Discoveries by Year, 2007-2012 35
Table 19: Italy, Crude Oil Discovery Details, 2007-20112 35
Table 20: Italy FPSO Industry, FPSO Oil Production Capacities, May 2013 38
Table 21: Italy FPSO Industry, FPSO Vessel Specifications, May 2013 38
Table 22: Italy FSO Industry, FSO Oil Production Capacities, May 2013 39
Table 23: Italy FSO Industry, FSO Vessel Specifications, May 2013 39
Table 24: Italy, Oil Pipeline Key Statistics, May 2013 40
Table 25: Italy, Crude Oil Pipeline Length by Company (km), May 2013 40
Table 26: Italy, Petroleum Product Pipeline Length by Company (km), May 2013 42
Table 27: Italy, Crude Oil Pipelines, May 2013 43
Table 28: Italy, Petroleum Product Pipelines, May 2013 44
Table 29: Italy, Refinery Key Statistics, May 2013 45
Table 30: Italy, Total Refining Capacity (mbd), 2005- 2017 45
Table 31: Italy, Crude Distillation Unit Capacity (mbd), 2005-2017 47
Table 32: Italy, Coking Unit Capacity (mbd), 2005-2017 48
Table 33: Italy, Fluid Catalytic Cracking Unit Capacity (mbd), 2005-2017 48
Table 34: Italy, Hydrocracking Unit Capacity (mbd), 2005-2017 49
Table 35: Italy, Oil and Chemicals Storage Key Statistics, May 2013 50
Table 36: Italy, Total Oil and Chemicals Storage Capacity (mcm), 2005- 2017 50
Table 37: Italy, Oil and Chemicals Storage Capacity by Company (mcm), 2005-2017 52
Table 38: Europe, Oil and Chemicals Storage Capacity in Italy (mcm), 2005-2017 53
Table 39: Europe, Oil and Chemicals Storage Capacity in Italy (mcm), 2005-2017 (Contd.1) 54
Table 40: Eni S.p.A., Key Facts 55
Table 41: Eni S.p.A., SWOT Analysis 63
Table 42:  Royal Dutch Shell plc, Key Facts 73
Table 43:  Royal Dutch Shell plc, SWOT Analysis 78
Table 44: Northern Petroleum Plc, Key Facts 84
Table 45: Northern Petroleum Plc, SWOT Analysis 86
Table 46: Eni Sells 11.69% Stake In Snam, Natural Gas Gasification, Transportation, Storage And Distribution Company, For US$1.9 Billion 91
Table 47: Rosneft Completes Acquisition Of 13.7% Stake In Saras, Integrated Energy Company, For US$234 Million 92
Table 48: Rosneft Makes Offer To Acquire 7.3% Stake In Saras, Integrated Energy Company, For US$124 .5 Million 94
Table 49: Eni Plans Private Placement Of Bonds For Up To US$3.9 Billion 95
Table 50: Enel Plans Public Offering Of Bonds For US$2.6 Billion 96
Table 51: Po Valley Energy Awarded Gas Exploration License By Italian Ministry of Economic Development 97
Table 52: Eni Receives Approval For Private Placement Of Bonds For $3.9 Billion 98
Table 53: Enel Completes Public Offering Of 4.875% Bonds Due 2018 For $3.3 Billion 99
Table 54: Enel Completes Public Offering Of Floating-Rate Bonds For $660 Million 100
Table 55: Eni Completes Private Placement Of 4.25% Bonds Due 2020 For $1.3 Billion 101
Table 56: Enel Completes Private Placement Of 4.625% Bonds Due 2015 For $1,734.4 Million 102
Table 57: Enel Completes Private Placement Of 5.75% Bonds Due 2018 For $1,387.5 Million 103
Table 58: Eni Completes Public Offering Of Bonds Due 2017 For $1,469.6 Million 104
Table 59: Eni Completes Public Offering Of Bonds Due 2017 For $287.24 Million 104
Table 60: Enel To Issue Bonds In A Private Placement For Up To $7 Billion 105
Table 61: Enel Plans To Acquire Minority Interest In Trans Adriatic Pipeline (TAP) Project In Italy 106
Table 62: Canadian Quantum Increases Stake In Turin Prospect In Southern Alberta 107
Table 63: Total Acquires Additional 25% Interest In Gorgoglione Concession 108
Table 64: Sound Oil To Acquire 75% Interest In Montemarciano Gas Permit In Italy 109
Table 65: Independent Resources To Farm-Out Ribolla Basin CBM And Shale Gas Plays 110

List of Chart


Figure 1: Italy, Primary Energy Consumption Split by Fuel Type (%), 2012 10
Figure 2: Italy, Historical and Forecast Production and Consumption of Oil, mbd, 2000-2020 12
Figure 3: Italy, Historical and Forecast Exports and Imports of Oil, mbd, 2000-2020 14
Figure 4: Italy, Historical Reserves of Crude Oil, billion bbl, 2000-2012 15
Figure 5: Western Europe, Country Standings, Upstream Fiscal Attractiveness, May 2013 18
Figure 6: Western Europe, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production,  May 2013 20
Figure 7: Western Europe, Country Standings, Oil Sector Performance, by Production, Consumption and Refining, May 2013 21
Figure 8: Western Europe, Country Standings, Number of Exploration Blocks Awarded, 2008 - 2012 22
Figure 9: Western Europe, Country Standings, Economic Performance, by GDP Growth-FDI Confidence and Production Indices, May 2013 24
Figure 10: Western Europe, Country Standings, Socio-Political Performance by Exploration Growth, FDI Confidence and Governance Indices, May 2013 27
Figure 11: Italy, Crude Oil Assets Map, May 2013 28
Figure 12: Italy, Gross Crude Oil Production (%) by Type, 2003-2012 29
Figure 13: Italy, Market Share (%) of Companies based on Gross Equity Weighted Crude Oil Production, 2012 31
Figure 14: Italy, Number of Crude Oil Discoveries by Year, 2007-2012 34
Figure 15: Italy, Crude Oil Pipeline Length by Company (km), May 2013 41
Figure 16: Italy, Petroleum Product Pipeline Length by Company (km), May 2013 42
Figure 17: Italy, Total Refining Capacity (mbd), 2005- 2017 46
Figure 18: Italy, Total Oil and Chemicals Storage Capacity (mcm), 2005- 2017 51
Figure 19: Italy, Oil and Chemicals Storage Capacity by Area (%), 2012 51
Figure 20: Italy, Oil and Chemicals Storage Capacity by Company (mcm), 2005-2017 52

Make an enquiry before buying this Report

Please fill the enquiry form below.

  • Full Name *
  • Your Email *
  • Job Title *
  • Company *
  • Phone No. * (Pls. Affix Country Code)
  • Message
  • Security Code *