NOCs, IOCs, & the Battle for Dominance in the New Global Oil Industry

The battle between national oil companies and international oil companies has entered new territory, after the global credit crisis posed new threats to the industry’s ability to expand constrained global oil output and rapidly modernizing economic giants emerged stronger than ever.

Energy Intelligence's new report, The Quest for Dominance: NOC-IOC Rivalries, Alliances and the Shape of the New Global Oil Industry, examines the dynamic relationship between national oil companies and international oil companies. This report addresses the following:

• How have historic high oil prices and strong demand trends empowered producers and set the stage for the current struggle between NOCs and IOCs?
• Will the recent moderation of high oil prices affect investment plans and production targets in the industry?
• Will NOC-IOC relations be ruled by competition or cooperation?
• If competition is the order of the day, who will dominate and who will struggle to survive? Which rivalries will intensify?
• If cooperation takes hold, which alliances will likely develop?
• How will the role of oil services firms evolve in the competitive struggle for dominance in the new global oil industry?

The strategic interaction between IOCs and NOCs will shape the international oil business for years to come. The Quest for Dominance provides valuable insight into how the IOCs and NOCs may compete or cooperate, leverage potential synergies or exploit competitive advantages. Key firms analyzed include:

Energy Intelligence applies its almost 60 years of experience in analyzing the global oil industry to shed light on the central challenge confronting the oil business today. The publishers of Petroleum Intelligence Weekly and Oil Daily deliver an invaluable set of insight, analysis, and data:

• In-depth examination of NOC and IOC motives, strategies, and competitive advantages, identification of the world's most influential corporate players, plus discussion of resource theory, corporate capabilities, partnerships, and implications for global oil supply.
• Detailed global oil market outlook to 2020: How specific NOC and IOC alliances will affect supply and demand, where they will compete, and how it will likely affect your business.
• Comparative performance data, with operational and financial results that focus on the majors and drill down to the specific ROACE/WACC (Return on Average Capital Employed divided by the Weighted Average Cost of Capital).
• Insight on regions of likely new production growth