Angola Oil & Gas Report Q4 2014 - New Market Study Published

The outlook for Angola's oil and gas sector is positive. Although technical challenges led to production issues in 2013, we expect the start of major upstream projects such as Total's CLOV to boost push output higher by end-2014. Over the next decade, planned projects and the tie-back of additional discoveries to existing infrastructure will support strong growth in output over the course of our forecast period.

The key trends and developments in Angola's oil and gas sector are:

* Our optimistic outlook is based an assumption that production will continue to recover from setbacks witnessed in 2013, such as a force majeure from BP's Saturno crude stream, and that major new volumes will begin to deliver first oil. Several major upstream projects are also likely to received final investment decisions, which alongside a robust exploration schedule, should make 2014 a strong year for the Angolan oil sector.
* One key risk to this view over the medium term is industry wide pressure to rein in spending. Major players in the Angolan oil sector, including BP and Statoil, have yielded to global cost pressures and committed to tighter budgets.
* Angola is attracting a major wave of investment; there are some 32 offshore wells planned in 2014 and the country holds the...

Full Report Details at
- http://www.fastmr.com/prod/861781_angola_oil_gas_report_q4_2014.aspx?afid=301

The Angola Oil & Gas Report has been researched at source and features Business Monitor International (BMI)'s independent forecasts for Angola including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Angola Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Angolan oil and gas industry.

Key Benefits

* Benchmark BMI's independent oil and gas industry forecasts for Angola to test consensus views - a key input for successful budgeting and strategic business planning in the Angolan oil and gas market.
* Target business opportunities and risks in the Angolan oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Angola.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI's key forecasts and industry analysis, covering oil and gas reserves, supply, demand and refining, plus analysis of landmark company developments and key changes in the regulatory environment.

Regional Overview

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