我国石油公司海外上游业务与国际油公司对标分析

Benchmark Analysis on Overseas Upstream Business of Chinese Petroleum Companies Compared with IOCs

选取挪威石油、巴西国家石油公司等业务类似、规模相近的国际石油公司与我国石油公司海外上游业务经营状况进行对标分析,结果表明,我国石油公司海外油气权益产量近两年持续增长、但天然气产量占比较低、资产布局相对分散;2P储采比处于合理水平,但资源类型集中度较差;作业者区块面积占比较低;国际石油公司效益明显好转,我国石油公司海外资产优化力度较弱、盈利能力较同行有一定的差距。基于对标结果,结合国际石油公司上游发展趋势,提出我国石油公司海外上游需进一步聚焦资源类型和战略布局、持续获取新勘探区块、构建具有可持续发展的勘探资产组合以及积极采取降本增效措施、增加天然气业务比重等上游业务发展的建议。

The paper chooses IOCs with similar business and similar scale such as Statoil,Petrobras and so on to carry out the benchmark analysis on the overseas upstream business of Chinese oil companies.The results show that the overseas oil and gas production of Chinese oil companies has been increasing continuously in the last two years,but the share of natural gas production is relatively low and the asset layout is relatively scattered;2P reserveproduction ratio of Chinese oil companies'overseas upstream business is at a reasonable level,but the concentration of resource types is poor,and the proportion of operator block areas are low.IOCs'upstream economic performance has been improving so much as a result of strictly controlling expenditure,increasing the optimization of assets during the oil price downtown period.Chinese oil companies's overseas assets optimization is weak,and their upstream profitability has a certain gap with international counterparts.Based on the results of the benchmark analysis and combined with the upstream development trend of international oil companies,some suggestions are put forward for the oversea upstream development of Chinese oil companies.Those include further focusing on the resource types and strategic layout of assets,continuously acquiring new exploration blocks,constructing a sustainable exploration asset portfolio and actively taking cost-saving efficiency measures,and increasing the proportion of natural gas business.