Analysis of capital operation strategies of international oil service companies in energy transition
During the energy transition,international oil service companies have emphasized capital operation for its flexibility and efficiency in restructuring internal and external resources.The capital operation strategies of international oil service companies in the energy transition process utilize stock buyback and dividend distribution to enhance investors'confidence,use mergers and acquisitions to expand business scope as well as strengthen core competencies,take advantage of equity joint ventures to expand access to new areas,and get involved in new energy technologies through corporate technology venture capital.In view of the lack of experience and single means of capital operation of China's oil service companies,the paper puts forward suggestions to combine business strategy and capital strategy,strengthen research on the method of capital operation management and decision-making,facilitate the construction of capital operation systems and mechanisms for transition and development,and actively promote communication with investors.
petroleum engineering technology servicesoil service companiescapital operationmarket value managementmergers and acquisitionsventure capitalequity investmentenergy transition