This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Offshore Drilling Industry In Middle East And Africa To 2016 - Pre-Salt Potential In West Africa And Significant Gas Finds Off The East African Coast Driving Exploration Activity

6.8.1 Offshore Drilling Expenditure, Saudi Arabia, 2000–2016 76

6.8.2 Offshore Wells Forecasts, Saudi Arabia, 2000–2016 78

6.9 Middle East and Africa – Offshore Drilling Scenario of Other Countries 80

6.9.1 Offshore Drilling Scenario, Bahrain 80

6.9.2 Offshore Drilling Scenario, Ghana 80

6.9.3 Offshore Drilling Scenario, Sierra Leone 81

6.9.4 Offshore Drilling Scenario, Kenya 82

6.9.5 Offshore Drilling Scenario, Tanzania 83

6.9.6 Offshore Drilling Scenario, Mozambique 84

6.9.7 Offshore Drilling Scenario, Liberia 85

6.9.8 Offshore Drilling Scenario, Republic of the Congo 86

6.9.9 Offshore Drilling Scenario, Equatorial Guinea 86

6.9.10 Offshore Drilling Scenario, Namibia 86

7 Appendix 87

7.1 Market Definition 87

7.2 Methodology 87

7.3 Coverage 87

7.3.1 Secondary Research 87

7.3.2 Primary Research 88

7.3.3 Expert Panel Validation 88

7.4 Abbreviations 88

7.5 Bibliography 89

7.6 Contact Us 89

7.7 About GBI Research 90

7.8 Disclaimer 90

List of Tables

Table 1: Offshore Industry, West Africa, Major Discoveries, 2011 18

Table 2: Offshore Industry, Africa, Major Discoveries, 2012 19

Table 3: Offshore Drilling, Middle East and Africa, Drilling Expenditure ($bn), 2000–2016 25

Table 4: Offshore Drilling, Middle East, Drilling Expenditure ($bn), 2000–2016 27

Table 5: Offshore Drilling, Africa, Drilling Expenditure ($bn), 2000–2016 29

Table 6: Offshore Drilling, Middle East and Africa, Wells Drilled, 2000–2016 31

Table 7: Offshore Drilling, Middle East, Wells Drilled, 2000–2016 33

Table 8: Offshore Drilling, Africa, Wells Drilled, 2000–2016 35

Table 9: Transocean Limited, Rig Fleet Summary, Middle East and Africa, 2012 36

Table 10: Noble Corporation, Rig Fleet Summary, Middle East and Africa, 2012 37

Table 11: Diamond Offshore, Rig Fleet Summary, Middle East and Africa, 2012 37

Table 12: Ensco International, Rig Fleet Summary, Middle East and Africa, 2012 38

Table 13: Seadrill, Rig Fleet Summary, Middle East and Africa, 2012 38

Table 14: Offshore Industry, Nigeria, Planned Upstream Projects 39

Table 15: Offshore Drilling, Nigeria, Drilling Expenditure ($bn), 2000–2016 41

Table 16: Offshore Drilling, Nigeria, Wells Drilled, 2000–2016 43

Table 17: Offshore Industry, Nigeria, Leading Offshore Lease-Holders, 2011 45

Table 18: Offshore Industry, Nigeria, Planned Upstream Projects 46

Table 19: Offshore Drilling, Angola, Drilling Expenditure ($bn), 2000–2016 48

Table 20: Offshore Drilling, Angola, Wells Drilled, 2000–2016 50

Table 21: Offshore Industry, Angola, Leading Offshore Lease-Holders, 2011 52

Table 22: Offshore Drilling, Egypt, Drilling Expenditure ($bn), 2000–2016 54

Table 23: Offshore Drilling, Egypt, Wells Drilled, 2000–2016 56

Table 24: Offshore Industry, Egypt, Leading Offshore Lease-Holders, 2011 57

Table 25: Offshore Drilling, Libya, Drilling Expenditure ($bn), 2000–2016 59

Table 26: Offshore Drilling, Egypt, Wells Drilled, 2000–2016 61

Table 27: Offshore Industry, Libya, Leading Offshore Lease-Holders, 2011 62

Table 28: Offshore Drilling, Qatar, Drilling Expenditure ($bn), 2000–2016 64

Table 29: Offshore Drilling, Qatar, Wells Drilled, 2000–2016 66

Table 30: Offshore Industry, Qatar, Leading Offshore Lease-Holders, 2011 67

Table 31: Offshore Drilling, United Arab Emirates, Drilling Expenditure ($bn), 2000–2016 69

Table 32: Offshore Drilling, United Arab Emirates, Wells Drilled, 2000–2016 71

Table 33: Offshore Industry, United Arab Emirates, Leading Offshore Lease-Holders, 2011 71

Table 34: Offshore Drilling, Iran, Drilling Expenditure ($bn), 2000–2016 73

Table 35: Offshore Drilling, Iran, Wells Drilled, 2000–2016 75

Table 36: Offshore Industry, Iran, Leading Offshore Lease-Holders, 2011 75

Table 37: Offshore Drilling, Saudi Arabia, Drilling Expenditure ($bn), 2000–2016 77

Table 38: Offshore Drilling, Saudi Arabia, Wells Drilled, 2000–2016 79

Table 39: Offshore Industry, Ghana, Leading 10 Companies by Gross Acreage (km2), 2012 81

Table 40: Offshore Industry, Sierra Leone, Leading Companies by Gross Acreage (km2), 2012 82

Table 41: Offshore Industry, Kenya, Leading 10 Companies by Gross Acreage (Sq km), 2012 82

Table 42: Offshore Industry, Tanzania, Leading 10 Companies by Gross Acreage (km2), 2012 83

Table 43: Offshore Industry, Mozambique, Leading 10 Companies by Gross Acreage (km2), 2012 84

Table 44: Offshore Industry, Liberia, Leading 10 Companies by Gross Acreage (km2), 2012 85

Table 45: Offshore Industry, Namibia, Leading 10 Companies by Gross Acreage (km2), 2012 86

List of Figures

Figure 1: Offshore Industry, Middle East and Africa, Number of Discoveries, 2008–2012 17

Figure 2: Floating Production and Storage Offloading Vessel Industry, Middle East and Africa, Number of Active Floating Production and Storage Offloading Vessels by Country, 2011 21

Figure 3: Offshore Drilling, West Africa, Pre-Salt Basins 22

Figure 4: Offshore Drilling, Middle East and Africa, Drilling Expenditure ($bn), 2000–2016 24

Figure 5: Offshore Drilling, Middle East, Drilling Expenditure ($bn), 2000–2016 26

Figure 6: Offshore Drilling Africa, Drilling Expenditure ($bn), 2000–2016 28

5 of 7

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs