Development Trends and Strategies of Global Oil Majors

doi:10.3969/j.issn.1002-302x.2019.06.009

Abstract

Abstract: China’s oil companies are endowed with the important mission of securing the nation’s energy supply and maintaining the internal demand for high-quality development. It is worth borrowing the development strategies from foreign oil companies. This paper analyzes the business development trends of seven international oil majors, 12 national oil companies and 21 independent oil companies since 2018. It also sums up the characteristics of oil companies in three kinds in the areas of exploration and development direction, assets portfolio optimization, and development strategy. International oil companies have further improved their business results. National oil companies have continually raised the level of internationalization, making the integrated business chain stronger. Independent oil companies are quite different in the development directions, with a main trend for focusing on the core business. The analysis indicates that international oil companies are firmly committed to the growth strategies and actively accelerate the ultimate investment plans for the large-scale projects. They have continually promoted assets portfolio optimization, taken advantage of deepwater resources potential and further highlighted natural gas business. It is proposed that the domestic oil companies should make balance between the Chinese and foreign exploration, consolidate the foundation of resources by actively stockpiling overseas high-quality frontier assets, focus on assets portfolio optimization, improve total returns on assets, actively implement the low-carbon development strategy, accelerate new energy industrial development and application of new industrial technologies, and promote transformation of digitalization.

摘要： 中国石油公司既肩负着保障国家能源供给的重要使命，也有保持优质发展的内在需求，国外石油公司的发展策略值得参考借鉴。通过对七大国际石油公司、12 家国家石油公司和21 家独立石油公司 2018 年以来的业务发展动向进行梳理，总结了3 类石油公司勘探开发动态、资产组合优化、发展战略等方面的特点。国际石油公司经营业绩进一步改善；国家石油公司持续提升国际化水平，做强一体化业务链；独立石油公司发展方向分化明显，聚焦核心成为主流。分析表明国际石油公司坚定增长战略，积极推进大型项目最终投资决策。持续推进资产组合优化，深水资源潜力持续释放，天然气业务地位进一步提升。建议国内石油公司平衡国内外勘探，积极储备优质海外前沿资产夯实资源基础，重视优化资产组合，提升资产总体收益率；积极实施低碳发展战略，提速新能源产业发展，加快行业新技术应用，推进数字化转型。

关键词: 国际石油公司, 勘探开发, 资产组合优化, 发展策略

CLC Number:

Zhang Ningning, Wang Qing, Wang Jianjun, Liu Mingming, Cao Qingchao, Wu Yiping. Development Trends and Strategies of Global Oil Majors[J]. Petroleum Science and Technology Forum, 2019, 38(6): 48-55.

张宁宁　王青　王建君　刘明明　曹庆超　吴义平. 全球主要石油公司发展策略及启示[J]. 石油科技论坛, 2019, 38(6): 48-55.

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