BACKGROUND

INTSOK - Norwegian Oil and Gas Partners - was established in 1997 by the Norwegian oil and gas industry and the Norwegian government. The organization’s objective is to work with companies throughout the industry to expand business activities of Norwegian companies in the international oil and gas markets. Once a year INTSOK distributes an annual market report to its 200+ members. The report covers an in-depth market update, including forecasts on expenditures in INTSOK’s prioritized geographical markets and segments – both offshore and onshore. In addition, the report contains project descriptions of the most important projects in each market, a global macro update, and special focus chapters on topics such as rigs, FPSOs, and global supply chain constraints.

APPROACH

In DCube Rystad Energy has E&P expenditure forecasts for all fields and discoveries globally, split by expenditure segment. By utilizing this proprietary database, a four year forecast for each of INTSOK’s geographical markets was produced. Market forecasts also included historical numbers back to 2005. Additionally, extensive research on different geographical markets and priority projects was performed to give a broad description of each market and project.

RESULT

The result of this project was a comprehensive 270 page report covering 19 different geographical markets and more than 90 greenfield and brownfield projects worldwide. A few report pages can be seen to the right.

INTSOK Annual Market Report 2010: Special Focus - Shale Gas