Open AccessReference Significance of Foreign Offshore Oil and Gas Cooperation Model Experience to China
Author(s) -
Ying Zhang,
Guo Jiaofeng,
Menghong Yu
Publication year - 2021
Publication title -
bcp business and management
Language(s) - English
Resource type - Journals
ISSN - 2692-6156
DOI - 10.54691/bcpbm.v13i.121
Subject(s) - lease , petroleum industry , china , business , offshore oil and gas , submarine pipeline , government (linguistics) , resource (disambiguation) , fossil fuel , industrial organization , mode (computer interface) , oil reserves , international trade , petroleum engineering , commerce , finance , petroleum , engineering , political science , geology , waste management , computer network , linguistics , philosophy , geotechnical engineering , environmental engineering , computer science , law , operating system , paleontology
For a long time, the oil exploration and development business of Chinese oil enterprises is mostly limited to China, and the international cooperation of transnational oil and gas started late. Therefore, compared with foreign companies, there is still a big gap in understanding the business model of overseas oil and gas industry. Therefore, it is necessary to summarize and learn from the past business model. This paper summarizes the main modes of offshore oil and gas cooperation among global oil companies, compares various modes, and studies the cooperative development mode of offshore oil and gas resources. The research shows that under the lease contract mode, foreign oil companies have greater management rights, but with the continuous development of international oil industry, the government of resource countries has gradually increased its control over foreign oil companies.