Libya Takes Centre Stage In The Robertson 2000 International New Ventures Survey
Robertson Research International Limited is one of the world's largest and most reputable upstream oil and gas consultancies
Political developments coupled with world class prospectivity propels Libya from a modest 20th position in 1998 to the number 1 country for new exploration, development and production ventures in 2000. Robertson's International New Ventures Survey, now in its 14th year, polls oil companies all over the world involved in exploration and production ventures outside North America and asks them to rate, in a confidential questionnaire, their level of interest in new ventures in 146 countries. Responses were received from 76 companies which will account for an estimated 70% of total oil company worldwide upstream spending in 2000. Global country rankings are prepared and analysed to determine the factors behind year-on-year movements up or down the rankings.
The top ten countries for 2000 are:
1. Libya 2. Iran 3. United Kingdom 4. Australia 5. Algeria 6. Iraq 7. Indonesia 8. Angola 9. Brazil 10. Egypt
The Middle East continues as the most popular region with solid performances from Iran (2nd), Iraq (6th), Qatar (13th) and Oman (16th) and prominent risers including Abu Dhabi (+6), Bahrain (+12), Dubai (+14) and Israel (+18). Africa makes up good ground in the regional rankings moving from 6th to 3rd on the strength of impressive showings from the North and West African countries, particularly Equatorial Guinea (+12), Cameroon (+14) and Morocco (+19). Far East/Australasia remains at 2nd in the regional rankings while Latin America/Caribbean, Europe and Eurasia all drop 1 place to accommodate the rise of Africa. ... Robertson, the leading British upstream service and consulting company, carries out projects for new ventures, exploration, appraisal, development and production throughout the world. It conducts its annual International New Ventures Survey as a complimentary service for its numerous oil company clients.
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