1 2 1.1 List of Tables 6 1.2 List of Figures 7 2 Yemen, Energy Overview 8 2.1 Yemen Energy Sector, Market Overview 8 2.2 Yemen Energy Sector, Natural Gas 8 2.2.1 Yemen Natural Gas, Overview 8 2.2.2 Yemen Natural Gas, Supply and Demand Balance 9 2.2.3 Yemen Natural Gas, Regulatory Structure 13 3 Yemen Gas Upstream Investment Environment Benchmarking 14 3.1 Introduction 14 3.2 The Overall Ranking 14 3.3 Upstream Fiscal Attractiveness 14 3.4 Gas Sector Performance 16 3.4.1 Exploration Activity 17 3.4.2 Gas Production 18 3.4.3 Gas Reserves 18 3.4.4 Gas Consumption 18 3.5 Economic Performance 19 3.5.1 GDP Growth Index 20 3.5.2 FDI Confidence Index 20 3.5.3 Balance of Trade Index 20 3.6 Socio-Political Performance 21 3.6.1 Democracy Index 22 3.6.2 Governance Index 22 4 Yemen Pipeline Sector 23 4.1 Yemen Pipeline Sector, Key Data 23 4.2 Yemen Pipeline Sector, An Overview 23 4.3 Yemen Pipeline Sector, Comparision of Key Natural Gas Pipeline Companies 23 4.4 Yemen Pipeline Sector, Natural Gas Pipelines 24 5 Yemen LNG Sector 25 5.1 Yemen LNG Sector, Key Data 25 5.2 Yemen LNG Sector, Liquefaction 25 5.2.1 Yemen LNG Sector, Liquefaction, Total Liquefaction Capacity 25 5.2.2 Yemen LNG Sector, Liquefaction Capacity- Wise (Million Tonnes) Market Share By Company 26 5.2.3 Yemen LNG Sector, Asset- Wise Liquefaction Capacity 27 6 Profile of Occidental Petroleum Corporation 28 6.1 Occidental Petroleum Corporation, Key Information 28 6.2 Occidental Petroleum Corporation, Company Overview 28 6.3 Occidental Petroleum Corporation, Business Description 28 6.3.1 Business Overview 28 6.3.2 Chemical 29 6.3.3 Midstream, Marketing and Other 30 6.3.4 Oil and Gas 31 6.4 Occidental Petroleum Corporation, SWOT Analysis 32 6.4.1 Overview 32 6.4.2 Occidental Petroleum Corporation Strengths 33 6.4.3 Occidental Petroleum Corporation Weaknesses 33 6.4.4 Occidental Petroleum Corporation Opportunities 34 6.4.5 Occidental Petroleum Corporation Threats 35 7 Profile of TOTAL S.A. 36 7.1 TOTAL S.A., Key Information 36 7.2 TOTAL S.A., Company Overview 36 7.3 TOTAL S.A., Business Description 36 7.3.1 Business Overview 36 7.3.2 Chemicals 37 7.3.3 Downstream 37 7.3.4 Upstream 39 7.4 TOTAL S.A., SWOT Analysis 40 7.4.1 Overview 40 7.4.2 TOTAL S.A. Strengths 41 7.4.3 TOTAL S.A. Weaknesses 43 7.4.4 TOTAL S.A. Opportunities 43 7.4.5 TOTAL S.A. Threats 44 8 Profile of Exxon Mobil Corporation 46 8.1 Exxon Mobil Corporation, Key Information 46 8.2 Exxon Mobil Corporation, Company Overview 46 8.3 Exxon Mobil Corporation, Business Description 46 8.3.1 Business Overview 46 8.3.2 Chemical 46 8.3.3 Downstream 48 8.3.4 Upstream 49 8.4 Exxon Mobil Corporation, SWOT Analysis 50 8.4.1 Overview 50 8.4.2 Exxon Mobil Corporation Strengths 51 8.4.3 Exxon Mobil Corporation Weaknesses 52 8.4.4 Exxon Mobil Corporation Opportunities 53 8.4.5 Exxon Mobil Corporation Threats 54 9 Financial Deals Landscape 57 9.1 Detailed Deal Summary 57 9.1.1 Asset Transactions 57 10 Recent Developments 62 10.1 License Rounds 62 10.1.1 Jun 20, 2010: Yemen Offers Four New Oil Blocks 62 10.1.2 Jun 03, 2010: Yemen Likely To Invite Companies For Oil Tenders, Cuts Oil Output Target For 2010 62 10.2 Strategy and Business Expansion 62 10.2.1 Feb 25, 2010: Gazprom Seeks Opportunity To Invest In Yemen's Oil And Gas 62 10.3 Recent Discoveries 62 10.3.1 Jul 08, 2010: AWE Encounters Oil And Gas Shows At Jebel Al Milh-1 Well In Block 7, Yemen 62 10.3.2 May 18, 2010: DNO International Announces Final Results From Testing Of Yaalen-3 Well In Yemen 63 10.3.3 Apr 30, 2010: DNO International Finds Two Oil Bearing Intervals At Yaalen-3 Well In Block 47, Yemen 63 10.4 Drilling and Production Updates 64 10.4.1 Aug 05, 2010: AWE Prepares Casing At Jebel Al Milh-1 Well In Block 7, Yemen 64 10.4.2 Jul 29, 2010: AWE Updates On Jebel Al Milh-1 Well In Block 7, Yemen 64 10.4.3 Jul 22, 2010: AWE Updates On Jebel Al Milh-1 Well In Block 7, Yemen 65 10.4.4 Jul 15, 2010: AWE Updates On Jebel Al Milh-1 Well At Block 7 In Yemen 65 10.4.5 Jul 01, 2010: AWE Updates On Jebel Al Milh-1 Well In Block 7, Yemen 65 10.4.6 Jun 24, 2010: AWE Updates On Jebel Al Milh-1 Well In Block 7, Yemen 66 10.4.7 Jun 22, 2010: DNO International Provides May 2010 Production Update 66 10.4.8 Jun 10, 2010: Oil Search Updates On Jebel Al Milh-1 Well At Block 7 In Yemen 67 10.5 Other Significant Developments 67 10.5.1 Jul 25, 2010: Yemen LNG To Sell Gas At Increased Rates To KOGAS 67 10.5.2 Jun 29, 2010: TransGlobe Energy Provides Operations Update 68 10.5.3 Jun 20, 2010: Yemen To Attend Energy Promotion Conference In South Korea 69 10.5.4 Jun 15, 2010: KBR Receives Change Orders For Yemen LNG Project 70 10.5.5 Jun 03, 2010: TransGlobe Energy Provides Mid-Quarter Update For Q2 2010 70 10.5.6 Jun 01, 2010: DNO International Provides April 2010 Production Update 72 10.5.7 May 28, 2010: Yemen's Oil Pipeline Back Online 73 10.5.8 May 25, 2010: Dana Gas Seeks Investment Opportunities In Yemen 73 10.5.9 May 25, 2010: Yemen LNG Sees Lower Revenues In 2010 74 10.5.10 Apr 22, 2010: AWE Updates On Al Meashar-1 Well In Yemen 74 11 Appendix 75 11.1 Methodology 75 11.1.1 Coverage 75 11.1.2 Secondary Research 76 11.1.3 Primary Research 76 11.1.4 Midstream Forecasts 77 11.1.5 Expert Panel Validation 77 11.2 Contact Us 77 11.3 About GlobalData 77 11.4 Disclaimer 78
1.1 List of Tables Table 1: Yemen, Historic and Forecast Production of Natural Gas, 1996-2020 9 Table 2: Yemen, Historic and Forecast Exports of Natural Gas, 1996-2020 11 Table 3: Yemen, Historic Reserves of Natural Gas, 1996-2009 12 Table 4: Middle East, Investment Benchmarking, Overall Country Rankings, July 2010 14 Table 5: Middle East, Investment Benchmarking, Gas Sector Performance, July 2010 17 Table 6: Middle East, Investment Benchmarking, Economic Performance, July 2010 19 Table 7: Middle East, Country Standings, Economic Performance, July 2010 19 Table 8: Middle East, Investment Benchmarking, Socio-Political Performance, July 2010 21 Table 9: Middle East, Country Standings, Socio-Political Performance, July 2010 21 Table 10: Yemen, Pipeline Key Statistics, 2009 23 Table 11: Yemen, Natural Gas Pipeline Length by Company (Km), 2009 23 Table 12: Yemen, Natural Gas Pipelines, 2009 24 Table 13: Yemen, LNG Key Statistics, 2009 25 Table 14: Yemen Total Liquefaction Capacity (Million Tonnes), 2000-2015 25 Table 15: Yemen Liquefaction Capacity by Company (Million Tonnes), 2000-2015 26 Table 16: Yemen, Liquefaction Capacity (Million Tonnes), 2000-2015 27 Table 17: Occidental Petroleum Corporation, Key Facts 28 Table 18: Occidental Petroleum Corporation, SWOT Analysis 32 Table 19: TOTAL S.A., Key Facts 36 Table 20: TOTAL S.A., SWOT Analysis 41 Table 21: Exxon Mobil Corporation, Key Facts 46 Table 22: Exxon Mobil Corporation, SWOT Analysis 51 Table 23: KUFPEC Plans To Acquire Assets Of BP 57 Table 24: Gazprom Plans To Acquire Interest In Liquefied Natural Gas Plant From Hunt Oil 58 Table 25: TOTAL Acquires 36% Interest In Block 72, Masila Basin 59 Table 26: Epsilon Energy Completes The Sale Of Its 57.14% Interest In Block 41 In Yemen 60 Table 27: Dove Energy Plans To Farm-Out Its Interest In Exploration Block 73, Onshore Yemen 61
1.2 List of Figures Figure 1: Yemen, Energy Sector Split By Fuel Type, 2009 8 Figure 2: Yemen, Historic and Forecast Production of Natural Gas, 1996-2020 10 Figure 3: Yemen, Historic and Forecast Exports of Natural Gas, 1996-2020 12 Figure 4: Yemen, Historic Reserves of Crude Oil, 1996-2009 13 Figure 5: Middle East, Country Standings, Gas Sector Performance, by Production & Consumption, July 2010 16 Figure 6: Middle East, Country Standings, Gas Sector Performance, by Reserves-Exploration & Production, July 2010 17 Figure 7: Middle East, Country Standings, Exploration Blocks Awarded, July 2010 18 Figure 8: Middle East, Country Standings, Economic Performance, July 2010 20 Figure 9: Middle East, Country Standings, Socio-Political Performance, July 2010 22 Figure 10: Yemen, Natural Gas Pipeline Length by Company (Km), 2009 24 Figure 11: Yemen Total Liquefaction Capacity (Million Tonnes), 2000-2015 26 Figure 12: Yemen Liquefaction Capacity by Company (Million Tonnes), 2000-2015 27 Occidental Petroleum Corporation TOTAL S.A. Exxon Mobil Corporation |