National oil company monitor series - Ernst & Young - United States

Select from the individual articles below to learn about the dynamic shifts taking place with international oil and gas companies (IOCs) and national oil companies (NOCs) across the globe:

National Oil Company Monitor: Q2 2010
Inevitably, this quarter focused on the Gulf of Mexico oil spill. In the short-term, the moratorium imposed on deepwater drilling (pdf, 787.3kb)  is expected to have limited impact beyond the region. However, potential changes to the regulatory regime in the US may pose a longer-term risk to the industry overall. Discover how.

National oil company monitor Q1 2010
As the global economy inches forward, some companies are raising their capital spending budget for 2010 while others are attempting to gain a foothold in new markets or form resource plays through strategic acquisitions. See which NOC and IOC trends are evolving worldwide (pdf, 775.3kb), including unconventional gas ventures in the Asia Pacific region.

National oil company monitor Q4 2009
In the past few years JV activity has increased, particularly in the upstream sector where the cost, risk and technology issues favor a collaborative approach on the largest projects. Still, not all proposed JVs make the transition to being fully formed entities, nor are each successful. Discover which factors are critical for success (pdf, 3mb).

National oil company monitor Q3 2009
Chinese NOCs step up the hunt for overseas assets, Greece reorganizes its gas entities in an effort to reduce its public debt and Libya’s government prepares to acquire Canada’s Verenex. These are just some of our quarterly highlights. Discover more about deal activity occurring worldwide and their associated politics (pdf, 1.2mb).

National oil company monitor Q2 2009
The economic slowdown is producing alliances between countries with plentiful oil reserves and those that are dependent on them. In these mutually beneficial arrangements, importing countries are offering financial and technical expertise to the oil-producing nations in exchange for future energy. How long will this last? Don’t miss our targeted insights (pdf, 6.9mb).

National oil company monitor Q1 2009
The global economic downturn may have created challenges for oil and gas companies, but new acquisition opportunities have surfaced for cash-rich players. Notably, there is a fresh opportunity for IOCs to partner with NOCs on a long-term sustainable basis. Will the new economic environment lead to a renewed interest in foreign involvement (pdf, 751K) and possibly investment by hydrocarbon resource-holding governments? We offer our perspective.