曹海斌 摘译自 油气新闻
Emphasis>Deal activity in 2019 has largely revolved around the need to improve company finances and reduce debt. It drove multinational oil and gas companies, such as ExxonMobil, ConocoPhillips, and Chevron, to review their global operations and begin divesting non-profitable ventures, according to GlobalData, a leading data and analytics company.
Ravindra Puranik, Oil & Gas Analyst at GlobalData, comments: “During the oil price downturn of 2014–2017, many exploration and production (E&P) companies were able to receive refinancing from investors for about six to seven years amid hopes of price recovery. However, oil prices have not risen sufficiently enough while the debt raised by operators is nearing its repayment period in the next two years. This is raising alarms across the global oil and gas industry, and influencing deal activity. Many companies are starting to show capital prudence, and are resisting from making rash acquisitions. A classic example of this change of approach was Chevron, which stayed away from starting a bidding war with Occidental Petroleum over Anadarko Petroleum.”
Divestment appeared as prominent global trend among several oil and gas companies worldwide during 2019. Throughout the year, companies focused>Puranik adds: “Recently, oil and gas companies have focused>GlobalData's thematic research identifies such companies within the oil and gas industry that are likely to offer either a part or the entire company for sale in the coming two years across the value-chain.
Environmental concerns and stricter norms imposed by authorities are further restricting the carbon-intensive industry from operating in specific geographic areas. As a result, in 2019, companies also announced their exits from projects that generate high carbon emissions or are located in ecologically sensitive areas.
Puranik concludes: “Oil and gas giant BP announced to sell its entire business in Alaska to Hilcorp Energy for a total consideration of US$5.6bn. The deal included sale of BP's upstream portfolio of Prudhoe Bay oil fields in the Alaska North Slope and associated midstream assets in the region. This divestment is likely to help BP in reducing its net methane emissions from global operations.”