Optimizing the structure of overseas mature oil and gas assets through international business operation and capital management
Over the past 30 years,CNPC's global strategy has significantly improved its scale&strength,quality&efficiency,and overall influence of overseas oil and gas assets.With the continued expansion of overseas oil and gas assets,many of the blocks acquired in the early stages have already entered the mid to late mature operating phase of the asset life cycle.This paper summarizes the status quo and characteristics of the mid-to late-stage overseas mature oil and gas assets,and analyzes the necessity and feasibility of maintaining the asset value of mid-to late-stage overseas mature oil and gas assets through effective international business operation and capital management.Based on the advantages of capital management of overseas projects,it can explore potential buyers with synergistic effects,targetedly strengthen international business cooperation and capital management,and achieve the goal of preserving and increasing the value of CNPC's overseas oil and gas assets.
overseas mature oil and gas propertiesCNPCinternational business operationcapital managementpreserve and increase value