News
Key Issues of Rising National Oil Companies
The oil and gas industry is facing a major transition that is
likely to require many of its key players to adapt significantly to a changing environment over the coming decade. This KPMG report explores the position of NOCs and offers their insights into emerging issues for the oil and gas industry in the next 5-10 years.
The demand for energy is expected to grow by more than 50 percent by 2030.1 How National Oil Companies (NOCs), who control 72 percent2 of the world’s oil reserves, respond to this challenge will be likely to have a significant impact on the stability of oil and gas markets in the future.
The importance of NOCs is underlined by the fact that they made two-thirds of the largest discoveries last year, according to Rystad Energy. In the annual Energy Intelligence Top 100 Ranking of the World’s Oil Companies, NOCs take up nearly half of the positions.
This 2008 KPMG report explores the position of NOCs through interviews with senior executives and offers their insights into emerging issues for the oil and gas industry in the next 5-10 years.
Download the full report in Adobe pdf format by clicking the link below:
The importance of NOCs is underlined by the fact that they made two-thirds of the largest discoveries last year, according to Rystad Energy. In the annual Energy Intelligence Top 100 Ranking of the World’s Oil Companies, NOCs take up nearly half of the positions.
This 2008 KPMG report explores the position of NOCs through interviews with senior executives and offers their insights into emerging issues for the oil and gas industry in the next 5-10 years.
Download the full report in Adobe pdf format by clicking the link below:
key_issues_for_national_oil_companies.pdf, Size: 490.5 KB© 2010 KPMG Safi Al-Mutawa & Partners, a Kuwait partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.
KPMG Online Privacy Statement and Disclaimer
