Market Research Report
Denmark Oil Markets, 2012
Published by
GlobalData
Published
June 18, 2012
Product code
244944
Content info
Pages: 114
Price
Abstract
Denmark Oil Markets, 2012
Summary
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 Denmark. 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, refineries, pipelines and storage terminals) in Denmark. The report compares the investment environment in Denmark with other countries in the region. The profiles of the major companies operating in the crude oil sector in Denmark 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 Denmark for the period 2005-2016.
Operator and equity details for major crude oil assets in Denmark.
Key information relating to market regulations, key energy assets and the key companies operating in the Denmark's energy industry.
Information on the top companies in the Denmark 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.
Keywords
Energy Sector, Crude Oil, Import, Export, Production, Consumption, Reserves, Forecast, Historical, Trends, 2020, Energy, Pipeline, Refining, Demand, Supply, Distillation Unit Capacity, Coking Capacity, Coking Capacity, Fluid Catalytic Cracking Capacity, Hydrocracking Capacity, Installed Capacity, Equity Partner, Operator, Length, Capacity, Government Take, Company Profile, SWOT, Business Description, News, Deals.
TOC
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9
2 Denmark Energy Sector 10
2.1 Denmark Energy Sector, Market Overview 10
2.2 Denmark Energy Sector, Crude Oil 10
2.2.1 Denmark Crude Oil, Overview 10
2.2.2 Denmark Crude Oil, Supply and Demand Balance 11
2.2.3 Denmark Crude Oil, Regulatory Structure 16
2.2.4 Denmark Crude Oil, Infrastructure 17
3 Denmark Oil Upstream Investment Environment Benchmarking 18
3.1 Introduction 18
3.2 The Overall Ranking 18
3.3 Upstream Fiscal Attractiveness 18
3.3.1 Maximum Government Take Index 20
3.3.2 Fiscal Flexibility 21
3.3.3 Maximum State Participation 21
3.4 Oil Sector Performance 21
3.4.1 Exploration Activity 23
3.4.2 Oil Production 24
3.4.3 Oil Reserves 24
3.4.4 Oil Consumption 25
3.4.5 Refining Capacity 25
3.5 Economic Performance 25
3.5.1 GDP Growth Index 27
3.5.2 FDI Confidence Index 27
3.5.3 Balance of Trade Index 27
3.6 Socio-Political Performance 27
4 Denmark Exploration and Production Sector 30
4.1 Denmark Exploration and Production Sector, Country Snapshot 30
4.1.1 Denmark Exploration and Production Sector, Key Data 30
4.1.2 Denmark Exploration and Production Sector, Crude Oil Assets Map 30
4.2 Denmark Exploration and Production Sector, Gross Crude Oil Production 31
4.2.1 Denmark Exploration and Production Sector, Total Gross Crude Oil Production 31
4.2.2 Denmark Exploration and Production Sector, Gross Crude Oil Production by Type 32
4.2.3 Denmark Exploration and Production Sector, Gross Crude Oil Production by Assets 33
4.2.4 Denmark Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 33
4.2.5 Denmark Exploration and Production Sector, Market Share of Key Companies Based on Gross Equity Weighted Crude Oil Production 34
4.3 Denmark Exploration and Production Sector, Production Forecast 35
4.3.1 Denmark Exploration and Production Sector, Gross Crude Oil Production Forecast 35
4.4 Denmark Exploration and Production Sector, Crude Oil Asset Details 36
4.4.1 Denmark Exploration and Production Sector, Active Crude Oil Asset Details 36
4.4.2 Denmark Exploration and Production Sector, Planned Crude Oil Asset Details 37
4.5 Denmark Exploration and Production Sector, Major Oil Discoveries 37
4.5.1 Denmark Exploration and Production Sector, Number of Oil Discoveries 37
4.5.2 Denmark Exploration and Production Sector, Oil Discovery Details 38
4.6 Denmark Exploration and Production Sector, Recent Discoveries 39
4.6.1 Nov 03, 2011: PA Resources Confirms Oil Discovery At Lille John Prospect In Denmark 39
4.6.2 Oct 17, 2011: PA Resources Discovers Oil At Lille John Prospect In License 12/06, Offshore Denmark 39
4.6.3 Aug 26, 2011: PA Resources Finds Hydrocarbons At Broder Tuck Prospect In License 12/06, Offshore Denmark 40
4.6.4 Jul 19, 2011: PA Resources Discovers Gas In Broder Tuck Exploration Well In Danish Part Of North Sea 41
4.6.5 Jun 01, 2011: GMT Exploration Finds Hydrocarbons At Love-1 Exploration Well Onshore Jutland, Denmark 41
4.7 Denmark Exploration and Production Sector, Drilling and Production Updates 42
4.7.1 Mar 16, 2012: Noreco Provides Update On Luna-1X Well In Denmark 42
4.7.2 Feb 13, 2012: Xtract Energy Provides Operations Update 42
4.7.3 Feb 13, 2012: Noreco Starts Drilling Luna-1X Well At License 1/11 In Denmark 43
4.7.4 Jan 11, 2012: Xtract Energy Provides Update On Its Operations In Netherlands And Denmark 43
4.7.5 Dec 13, 2011: Xtract Energy Provides Update On Its Netherlands And Denmark Operations 43
5 Denmark Pipeline Sector 45
5.1 Denmark Pipeline Sector, Key Data 45
5.2 Denmark Pipeline Sector, An Overview 45
5.3 Denmark Pipeline Sector, Crude Oil Pipeline Companies 45
5.4 Denmark Pipeline Sector, Crude Oil Pipelines 46
6 Denmark Refining Sector 47
6.1 Denmark Refining Sector, Key Data 47
6.2 Denmark Refining Sector, An Overview 47
6.2.1 Denmark Refining Sector, Total Refining Capacity 47
6.3 Denmark Refining Sector, Capacity Market Share by Company 48
6.4 Denmark Refining Sector, Crude Distillation Unit Capacity 49
7 Denmark Oil and Chemicals Storage Sector 50
7.1 Denmark Oil and Chemicals Storage Sector, Key Data 50
7.2 Denmark Oil and Chemicals Storage Sector, An Overview 50
7.2.1 Denmark Oil and Chemicals Storage Sector, Total Storage Capacity 50
7.2.2 Denmark Oil and Chemicals Storage Sector, Storage Capacity by Major Areas 51
7.3 Denmark Oil and Chemicals Storage Sector, Capacity Market Share by Company 52
7.4 Denmark Oil and Chemicals Storage Sector, Storage Capacity by Terminal 53
8 Profile of DONG Energy A/S 55
8.1 DONG Energy A/S, Key Information 55
8.2 DONG Energy A/S, Company Overview 55
8.3 DONG Energy A/S, Business Description 55
8.3.1 Business Overview 55
8.3.2 Energy Markets 56
8.3.3 Exploration and Production 57
8.3.4 Generation 58
8.3.5 Renewables 59
8.3.6 Sales and Distribution 60
8.4 DONG Energy A/S, SWOT Analysis 61
8.4.1 Overview 61
8.4.2 DONG Energy A/S Strengths 61
8.4.3 DONG Energy A/S Weaknesses 63
8.4.4 DONG Energy A/S Opportunities 63
8.4.5 DONG Energy A/S Threats 65
9 Profile of Royal Dutch Shell plc 66
9.1 Royal Dutch Shell plc, Key Information 66
9.2 Royal Dutch Shell plc, Company Overview 66
9.3 Royal Dutch Shell plc, Business Description 66
9.3.1 Business Overview 66
9.3.2 Corporate 68
9.3.3 Downstream 69
9.3.4 Upstream 70
9.4 Royal Dutch Shell plc, SWOT Analysis 71
9.4.1 Overview 71
9.4.2 Royal Dutch Shell plc Strengths 72
9.4.3 Royal Dutch Shell plc Weaknesses 73
9.4.4 Royal Dutch Shell plc Opportunities 74
9.4.5 Royal Dutch Shell plc Threats 76
10 Profile of A.P. Moller - Maersk A/S 78
10.1 A.P. Moller - Maersk A/S, Key Information 78
10.2 A.P. Moller - Maersk A/S, Company Overview 78
10.3 A.P. Moller - Maersk A/S, Business Description 78
10.3.1 Business Overview 78
10.3.2 Container Activities 79
10.3.3 Oil and Gas Activities 80
10.3.4 Other Businesses Activities 80
10.3.5 Retail Activity 81
10.3.6 Tankers, offshore and other shipping activities 81
10.3.7 Terminals Activities 82
10.4 A.P. Moller - Maersk A/S, SWOT Analysis 83
10.4.1 Overview 83
10.4.2 A.P. Moller - Maersk A/S Strengths 84
10.4.3 A.P. Moller - Maersk A/S Weaknesses 85
10.4.4 A.P. Moller - Maersk A/S Opportunities 85
10.4.5 A.P. Moller - Maersk A/S Threats 86
11 Financial Deals Landscape 88
11.1 Detailed Deal Summary 88
11.1.1 Acquisition 88
11.1.2 Debt Offerings 89
11.1.3 Asset Transactions 96
12 Recent Developments 108
12.1 License Rounds 108
12.1.1 May 18, 2011: Denmark Receives License Application For Hydrocarbons Exploration And Production In Open Door Area 108
12.2 License Awards 108
12.2.1 Feb 01, 2011: Noreco Secures New License In Denmark 108
12.3 Strategy and Business Expansion 108
12.3.1 Mar 01, 2011: Gazprom And Moller-Maersk Discuss Bilateral Cooperation In Energy Sector 108
12.4 Other Significant Developments 108
12.4.1 Apr 18, 2012: DONG Energy Appoints Henrik Poulsen As New CEO 108
12.4.2 Mar 12, 2012: Dong Energy Announces Resignation Of Anders Eldrup As CEO 109
12.4.3 Mar 12, 2012: Denmark Receives License Application From Total For Exploration And Production Of Hydrocarbons 109
12.4.4 Mar 09, 2012: Denmark Receives License Application From Nikoil For Exploration And Production Of Hydrocarbons 109
12.4.5 Mar 02, 2012: TORM Extends Temporary Agreement With Its Bank Group 110
12.4.6 Feb 28, 2012: Denmark Natural Gas Consumption Drops By 16.2% In 2011 110
12.5 New Contracts Announcements 110
12.5.1 Jun 15, 2011: Subsea 7 Secures Call-Off Contract With DONG Energy For Siri Caisson Permanent Support Project 110
12.5.2 May 02, 2011: Lloyd's Register Signs Global Technical Contract With Maersk FPSOs 111
13 Appendix 112
13.1 Abbreviations 112
13.2 Methodology 112
13.2.1 Coverage 112
13.2.2 Secondary Research 113
13.2.3 Primary Research 113
13.3 Contact Us 113
13.4 Disclaimer 114
List of Tables
1.1 List of Tables
Table 1: Denmark, Historical and Forecast Production and Consumption of Oil (Thousand Barrels per Day), 2000-2020 11
Table 2: Denmark, Historical and Forecast Import and Export of Oil, (Thousand Barrels per Day) 2000-2020 13
Table 3: Denmark, Historical Reserves of Crude Oil (Million Barrels), 2000-2011 15
Table 4: Western Europe, Investment Benchmarking, Overall Country Rankings, May 2012 18
Table 5: Western Europe, Investment Benchmarking, Upstream Fiscal Attractiveness, May 2012 19
Table 6: Western Europe, Investment Benchmarking, Oil Sector Performance, May 2012 21
Table 7: Western Europe, Investment Benchmarking, Economic Performance, May 2012 25
Table 8: Western Europe, Country Standings, Economic Performance, by GDP Growth-FDI Confidence and Production Indices, May 2012 26
Table 9: Western Europe, Investment Benchmarking, Socio-Political Performance, May 2012 28
Table 10: Western Europe, Country Standings, Socio-Political Performance, by Exploration Growth- FDI Confidence and Governance Indices, May 2012 28
Table 11: Denmark, Crude Oil Key Statistics, 2011 30
Table 12: Denmark, Total Gross Crude Oil Production (MMBBLs), 2003- 2011 31
Table 13: Denmark, Total Gross Crude Oil Production (MMBBLs) by Type, 2003-2011 32
Table 14: Denmark, Gross Crude Oil Production (MMBBLs), by Assets, 2003-2011 33
Table 15: Denmark, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2003-2011 33
Table 16: Denmark, Market Share (%) of Key Companies based on Gross Equity Weighted Crude Oil Production, 2003-2011 34
Table 17: Denmark, Gross Crude Oil Production (MMBBLs), Forecast by Assets, 2012- 2016 35
Table 18: Denmark, Active Oil Field Assets Details 36
Table 19: Denmark, Planned Oil Field Asset Details 37
Table 20: Denmark, Number of Oil Discoveries, 2006-2011 37
Table 21: Denmark, Oil Discovery Details, 2006-2011 38
Table 22: Denmark, Pipeline Key Statistics, May 2012 45
Table 23: Denmark, Crude Oil Pipeline Length by Company (Km), May 2012 45
Table 24: Denmark, Crude Oil Pipelines, May 2012 46
Table 25: Denmark, Refinery Key Statistics, May 2012 47
Table 26: Denmark, Total Refining Capacity (MMTPA), 2005- 2016 47
Table 27: Denmark, Refining Capacity by Company (MMTPA), 2005- 2016 48
Table 28: Denmark, Crude Distillation Unit Capacity (MMTPA), 2005- 2016 49
Table 29: Denmark, Oil and Chemicals Storage Key Statistics, May 2012 50
Table 30: Denmark, Total Oil and Chemicals Storage Capacity (Thousand M3), 2005- 2016 50
Table 31: Denmark, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2005-2016 52
Table 32: Denmark, Oil and Chemicals Storage Capacity (Thousand M3), 2005-2016 53
Table 33: Denmark, Oil and Chemicals Storage Capacity (Thousand M3), 2005-2016 (Contd.1) 54
Table 34: DONG Energy A/S, Key Facts 55
Table 35: DONG Energy A/S, SWOT Analysis 61
Table 36: Royal Dutch Shell plc, Key Facts 66
Table 37: Royal Dutch Shell plc, SWOT Analysis 72
Table 38: A.P. Moller - Maersk A/S, Key Facts 78
Table 39: A.P. Moller - Maersk A/S, SWOT Analysis 83
Table 40: Baltic Oil Terminals To Acquire Haahr Tank-Lager For $9.9 Million 88
Table 41: A.P. Moller-Maersk Completes Private Placement Of Bonds Due 2017 For $521.6 Million 89
Table 42: DONG Energy Competes Public Offering Of 4.875% Bonds Due 2032 For $1.17 Billion 90
Table 43: Dong Energy Completes Public Offering Of 4.875% Bonds For $1.17 Billion 91
Table 44: A.P. Moller Postpones Public Offering Of Bonds 92
Table 45: DONG Energy Completes Public Offering Of Hybrid Capital Bonds Due 3010 For $911.4 Million 93
Table 46: Maersk Issues 4.375% Euro Bonds For $680 million 94
Table 47: DONG Energy Completes Offering Of 5.75% Bond Due 2040 For $764 Million 95
Table 48: New World Oil & Gas Plans To Sell Oil And Gas Assets In Belize And Denmark 96
Table 49: New World Oil and Gas Plans To Acquire License No. 1/08 In Denmark From Danica Resources 97
Table 50: Dong Energy To Acquire 2.4% Stake In South Arne Field In North Sea From Norwegian Energy Company For $ 71.8 Million 98
Table 51: Norwegian Energy To Sell 6.56% Stake In South Arne Oil Field In Denmark To Hess Denmark 99
Table 52: DONG Energy Completes Acquisition Of 50% Interest In Siri Field From Noreco For $13.5 Million 100
Table 53: New World Oil To Acquire Interest In Licenses 1/09 And 2/09 In Denmark 101
Table 54: Inter Pipeline Completes Acquisition Of Four Petroleum Storage Terminals In Denmark From DONG Energy For $468.3 Million 102
Table 55: Royal Dutch Shell And Maersk To Farm-Out Up To 60% Interest In Elly And Luke Development Project In Denmark 103
Table 56: ExxonMobil To Acquire Faroese Offshore Licenses 104
Table 57: PA Resources And Spyker Energy Plan To Farm Out 30% Interest In 12/06 License 105
Table 58: DONG Energy Completes Sale Of Its 15% Interest In Svane And Solsort Licenses 106
Table 59: Dana Petroleum Acquires 25% Interest In Faroe Permit 107
List of Figures
1.2 List of Figures
Figure 1: Denmark, Energy Consumption Split by Fuel Type (%), 2011 10
Figure 2: Denmark, Historical and Forecast Production and Consumption of Oil (Thousand Barrels per Day), 2000-2020 12
Figure 3: Denmark, Oil Imports And Exports (Thousand Barrels Per Day), 2000-2020 14
Figure 4: Denmark, Crude Oil Reserves (Million Barrels), 2000-2011 16
Figure 5: Western Europe, Country Standings, Upstream Fiscal Attractiveness, May 2012 20
Figure 6: Western Europe, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, May 2012 22
Figure 7: Western Europe, Country Standings, Oil Sector Performance, by Production & Consumption, May 2012 23
Figure 8: Western Europe, Country Standings, Number of Exploration Blocks Awarded, May 2012 24
Figure 9: Western Europe, Country Standings, Economic Performance, by GDP Growth-FDI Confidence and Production Indices, May 2012 26
Figure 10: Western Europe, Country Standings, Socio-Political Performance, by Exploration Growth- FDI Confidence and Governance Indices, May 2012 29
Figure 11: Denmark, Crude Oil Assets Map, May 2012 30
Figure 12: Denmark, Total Gross Crude Oil Production (MMBBLs), 2003-2011 31
Figure 13: Denmark, Total Gross Crude Oil Production (MMBBLs) by Type, 2003-2011 32
Figure 14: Denmark, Gross Equity Weighted Crude Oil Production by Key Companies (MMBBLs), 2003-2011 34
Figure 15: Denmark, Market Share (%) of Key Companies based on Gross Equity Weighted Crude Oil Production, 2011 35
Figure 16: Denmark, Number of Oil Discoveries, 2006-2011 38
Figure 17: Denmark, Total Refining Capacity (MMTPA), 2005- 2016 48
Figure 18: Denmark, Refining Market Share (%) by Key Companies, 2011 49
Figure 19: Denmark, Total Oil and Chemicals Storage Capacity (Thousand M3), 2005- 2016 51
Figure 20: Denmark, Oil and Chemicals Storage Capacity by Major Areas (%), 2011 51
Figure 21: Denmark, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2005- 2016 52
Denmark Oil Markets, 2012 published by GlobalData in June 18, 2012. This report consists of Pages: 114 and the price starts from US $ 2500.
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