Asia National Oil Companies: Overseas Acquisitions To Secure Future Energy Needs---Aarkstore Enterprise Market Research Aggregation

SummaryThe Chinese government's recent loan for oil
New report "Asia National Oil Companies: Overseasagreements have given a big boost to the Chinese
Acquisitions To Secure Future Energy Needs"NOCs allowing them to expand their presence into
analyzes the Asian National Oil Companies (NOCs) inmajor resource rich countries like Venezuela, Brazil,
respect of their aggressive overseas acquisitions toRussia and others. The past two years have also
secure future energy supplies for the domesticseen an increased number of NOC-NOC partnerships.
country. The report details the current structure ofThe increased trend of major producing NOCs
Asia's energy sector discussing the reserves,preferring other NOCs to IOCs for the development of
production and consumption trends during 2000-2008major projects will also benefit the Asian national oil
and providing expected crude oil and natural gascompanies.
production and consumption forecast till 2020. TheDriven by national priorities, the Asian NOCs will
report details the growth of Asian NOCs in terms ofcontinue to spend aggressively. The overall capital
overall reserves and production and also the increaseexpenditure of these companies is expected to stand
in international operations. The report also discussesat approximately $100 billion in 2010.
the role of Asia NOCs in global M&A industry,Scope
detailing the major investments in each region acrossThe report provides a detailed analysis of Asian
the globe. Major growth strategies of the Asian NOCsNational Oil companies' strategies to secure future
are also discussed. The reports also compares theenergy needs of the domestic country. It provides
major Asian NOCs against the big five IOCs in terms- An analysis of the Asian energy sector with crude oil
of various operational parameters. The role of nationaland natural gas reserves, production and consumption
governments in the internationalization of these NOCstrends from 2000-2008 and forecasts till 2020
in also discussed. The report also provides the major- An analysis of the historical growth and major
future challenges and planned investments by thestrategies of Asian national oil companies, detailing the
Asian NOCs during 2010-2015.growth in international operations.
The Asian national oil companies have become active- Details of the role of Asian NOCs in global M&A
players in world oil and gas industry. Driven by theactivities during 2005-2009, discussing the major
growing domestic consumption and limited domesticinvestments of these NOCs across the globe.
supplies, the Asian NOCs have been aggressively- An analysis of the role of domestic governments in
increasing their international operations in order tothe internationalization of these NOCs.
secure the domestic countries' future energy supplies.- A comparison of Asian NOCs with the big five
The Asian NOCs have steadily increased their role ininternational majors in terms of various operational
the global M&A activities over the past year withparameters. Key companies covered include China
a number of acquisitions across the globe. TheseNational Petroleum Corporation (CNPC), Petroliam
NOCs are looking to expand their overseas operationsNasional Berhad (Petronas), Oil and Natural Gas
in order to increase their operations internationally. TheCorporation (ONGC), China Petroleum & Chemical
Chinese NOCs have been the most active acquirersCorporation (Sinopec), China National Offshore Oil
over the past years followed by Korea's KNOC. TheCorporation (CNOOC), and PTT Exploration and
Asian NOCs have together spent almost $49 billionProduction.
during 2005-09 to acquire oil and gas properties- Major future challenges faced by the Asian NOCs.
overseas.- The future investment plans and opportunities for the
The domestic governments are also expected to playAsian NOCs.
an important role in the growth of these Asian NOCs.