Spring Breeze 1991

Facing the powerful Yao Yuan, Frank had few options, and he tended to believe that Exxon Mobil would definitely offer the price of 5 million US dollars.

At present, when the exploration cost of deep-sea oilfields is getting higher and higher, and the proven recoverable reserves on land are basically exhausted, Dutch Shell has its own doubts about entering the Russian Siberia oilfield area. They have to pay a painful price for the development of the Makshay Oilfield, the largest oilfield in Kazakhstan.

Secondly, after analyzing the development trajectory of Dongfang Petroleum and studying every operation of Yao Yuan, the management of Dutch Shell Company became more and more urgent to reach a long-term cooperation agreement with Dongfang Petroleum.

Frank went out to call the board of directors, who were waiting in the conference room, ready to make a decision at any time.

After explaining the situation, Frank said, "I think it is acceptable to agree to his conditions. The Maxie Oilfield was only partially developed during the Soviet period. According to the geological conditions there, the unproven recoverable reserves are very considerable. Mr. Yao requested 7% of Shell Oil and 2 million US dollars in cash, we can get 21% of Maxie Oilfield Co., Ltd. I think this condition is acceptable.”

The board of directors immediately had a tense discussion, and a few minutes later came up with a unified opinion - 5% of Shell Oil plus 2 million in cash in exchange for 30% of the shares of Maxie Oilfield.

Frank shook his head and said, "I don't think he will agree. ExxonMobil offered US$5 million in cash in exchange for a 30% stake in the Maxie Oilfield. Mr. Yao did not agree."

After a pause, he said, "Currently is the best time for us, because we are ahead of others. If we miss this opportunity, we will miss an opportunity to acquire large oil reserves just like the Shikotan Oilfield. .”

The board of directors looked at each other in blank dismay, and once again started an urgent discussion.

In the end, the big boss and the directors of the group reached a consensus and agreed to Dongfang Petroleum's conditions.

Frank heaved a sigh of relief, hung up the phone, walked in, and said loudly with a smile, "Mr. Yao, the board of directors has agreed to your terms, 7% of Shell Oil and 2 million US dollars in cash in exchange for 21% of the shares of the Maxie Oilfield." .”

"Very good." Yao Yuan looked at Lin Wei with a smile, and Lin Wei took out the agreement that had been drawn up and put it on the table.

Frank was taken aback, sat down with a wry smile and said, "Mr. Yao, you already calculated that we would agree?"

"There will always be someone who agrees, either you or someone else. All in all, this agreement is definitely useful." Yao Yuan said with a smile, and lit a cigarette.

Frank shook his head helplessly, picked up the agreement and took his assistants, Lin Wei and Su Jianmin to another room to discuss the details. There is so much to do.

That leaves Jackson.

The two parties had a very good cooperation experience before. Halliburton is also the main oilfield service provider of Baku Oilfield and Shidan Oilfield. In fact, Halliburton’s main development route in recent years is to follow Dongfang Petroleum, which is enough for them to make a profit. Full bowl.

Jackson said with a smile, "Mr. Yao, what technology do you like this time?"

He knew that Yao Yuan was a technology fanatic, and Halliburton was able to stand out and win Dongfang Petroleum's oilfield service contract precisely because he was willing to transfer high-tech patents.

However, Yao Yuan didn't want technology this time. The Spring Breeze Academy of Sciences was already on track. The progress of technology development in the oil field was very optimistic, and it was not urgent to purchase new technologies.

Yao Yuan said, "Shell Oil has already made a standard demonstration, and we can also cross shareholdings."

"We don't have this option at the moment." Jackson was taken aback, then shook his head and said, "The Maxie Oilfield may be huge, but it is not as big as the Shidan Oilfield. Mr. Yao, the management will not agree to cross-shareholding."

The implication is that Halliburton is the only foreign-funded oilfield service provider in the Shidan Oilfield, and Halliburton won this contract in exchange for the fourth-generation offshore drilling platform technology and dynamic positioning technology.

Halliburton's operating income reached 30 billion US dollars last year, which is not comparable to Dongfang Petroleum, which holds several super oil fields. If it is a cross-shareholding, Yao Yuan doesn't care about a few percent of the shares.

The Shell Group is different. It is a behemoth with a complicated equity structure. The transfer of 7% of the core company Shell Oil’s shares will not affect the company’s operations. It is nothing more than an operation to exchange current interests for greater future interests.

Yao Yuan waved his hand and said, "As you know, Dongfang Petroleum itself started as an oilfield service company. Our oil service company is not weak and is fully capable of carrying out the exploration and production of the Maxie Oilfield on its own. If Halliburton can't get If there is enough sincerity, there is no basis for cooperation between the two parties.”

It is very clear that the only way to go is cross-shareholding.

Jackson realized that Yao Yuan was not joking, he thought for a while, and said, "Mr. Yao, I have to report to the big boss, and maybe I need to call the board of directors."

"Go and make a call." Yao Yuan nodded.

Jackson went out for more than ten minutes. When he came back, he asked directly, "Mr. Yao, how many shares do you want? If it exceeds our bottom line, Halliburton will give up."

"40% stake in KBR or 20% stake in Halliburton Oilfield Services." Yao Yuan said.

"It's impossible." Jackson refused without thinking.

kbr is an energy engineering and construction group [-]% owned by halliburton, serving the midstream and downstream of the energy industry, including the design and construction of liquefied natural gas, refining and processing plants, production facilities, onshore and subsea pipelines, as well as non-energy aspects Engineering construction, such as public facilities and civil commercial facilities, such as docks.

Yao Yuan signaled Jackson to stay calm and said, "I can give Halliburton all the exploration and production service contracts in the Maxie Oilfield, and the term is ten years."

Jackson was taken aback for a moment, his attitude was not as firm as before.

He frowned and said, "Where is Dongfang Oil Service Company?"

"The country of Kazakhstan is so big, and there are too many unexplored places. Dongfang Oilfield Service likes to gnaw hard bones, which is conducive to our technological progress." Yao Yuan laughed.

Jackson believed him to be a ghost, who would leave the ready-made food and run to do gambling-style exploration, that is a bottomless pit.

Halliburton's 18%-owned kbr company is relatively small in size, with an annual revenue of more than one billion US dollars, but its profit is relatively high, with a net profit of about [-]%.

However, in Halliburton's current strategy, kbr company is not the core.

Around 2002, the world's energy structure and situation changed dramatically. The most representative event was the US invasion of Iraq in 2003, and the price of oil soared. International oil prices have never been at a high level.

It was at this time that Halliburton began to attach importance to KBR, sold all non-energy businesses, and integrated the energy business into two group companies, Halliburton Energy Services Group and KBR Group...

Yao Yuan wants to overcome this time gap and buy an energy engineering construction company that can bring hundreds of millions of dollars in profits every year in the future. It can not only make up for the lack of Dongfang Petroleum's own energy engineering construction and oil and gas processing capabilities, but also earn hundreds of millions a year lying down. Dollar.

Judging from Yao Yuan's current actions, it is obvious that he is preparing for a complete split with the Petroleum Corporation and the Petrochemical Corporation.

Previously, due to the establishment of a cooperative relationship with the Petroleum Corporation and the Petrochemical Corporation, Dongfang Petroleum did not have much pressure on its own engineering construction and refining and processing capabilities. Therefore, it has developed steadily and has not resorted to acquisitions and other means.

Now that the situation has changed, Yao Yuan must make up for the shortcomings quickly.

Halliburton Oilfield Services Company is Halliburton's only core, and they will most likely not transfer the company's shares, so KBR is the next-level choice.

It is not unacceptable to transfer the shares of kbr company.

"Mr. Yao, I need to call again." Jackson got up and walked out.

This time it took a long time, more than 20 minutes passed before Jackson came back, sat down and said, "Mr. Yao, what else can we get besides a ten-year oilfield service contract?"

Yao Yuan shook his head, "Not anymore."

"Mr. Yao, just an oilfield service contract is not enough. Just now you exchanged 21% of your shares with Shell Oil." Jackson said.

Yao Yuan said, "Jackson, you are also one of Halliburton's top executives, don't you understand the difference?"

Jackson was silent. Indeed, how can Halliburton compare with Shell Oil? Besides, Shell Oil exchanged 7% of the shares of the main core listed company.

Thinking for a moment, Jackson said, "Then we're going to get [-] percent of every barrel of oil."

Yao Yuan laughed and said, "Jackson, you know this is impossible. The Kazakh government took [-]%, Shell Oil took [-]%, and I only have [-]% left. You take [-]%. Do you think that's possible?"

Halliburton's contract in the Shikotan Oilfield is contracted. They are responsible for the operation of the oil wells, and all costs are borne by themselves, and they can get 12% of each barrel of oil, [-]%.Even so, there are still considerable profits.

If Dongfang Oilfield provides drilling platform operation services by itself, the cost can be reduced to 6%. That is to say, for every barrel of oil extracted, based on the price of 15 US dollars per barrel, the mining cost is less than 1 US dollar.

Onshore mining costs are lower, but to transport oil from Kazakhstan, the transportation cost is higher than that of the Shikotan Oilfield. After balance, the mining cost of the Shikotan Oilfield is almost the same as that of the Makshay Oilfield.

Halliburton actually wants [-]% of the share, of course it is impossible!

Yao Yuan changed the subject and said, "Of course, it's not impossible for you to ask for 40.00%. Transfer [-]% of KBR's shares to me, plus [-]% of Halliburton Oilfield Services Company's nine shares. right."

"Mr. Yao, you really know how to joke." Jackson was stunned for a moment, then laughed out loud.

Yao Yuan took out a report and threw it in front of Jackson, spreading his hands and smiling lightly.

Jackson's eyes fell on the report...