2014年全球油气资源并购特点及未来展望  

Global oil and gas M&A in 2014 and the future

作　　者：侯明扬[1] 

机构地区：[1]中国石化石油勘探开发研究院

出　　处：《国际石油经济》2015年第3期24-29,110,共6页International Petroleum Economics

摘　　要：2014年全球油气资源并购市场"触底反弹",全年共完成并购投资约1710亿美元,同比增长近三分之一。2014年各类石油公司发展战略趋于理性,非油气工业背景公司"异军突起";全年并购交易的评价油价再创新高,北美评价气价持续攀升;非常规原油交易"热度不减",北美天然气资产并购则成为当年新亮点。预计2015年国际原油价格持续走低将影响全球油气资源并购市场;各类石油公司将选择不同并购策略应对国际油价带来的挑战;LNG项目和非常规油气资源并购交易将持续活跃。The global market for oil and gas assets rebounded in 2014, to a total amount of almost $171 billion, an increase of nearly a third from 2013. Oil companies' various development strategies rationalized, while industrial companies without an oil and gas background emerged as a new force to be reckoned with. Over the year the long-term oil price implied in M&A deals grew to a record, implying the long-term gas price in North America would continue rising. Enthusiasm for unconventional crude oil transactions was undiminished, while North American gas asset M&A became the year's new bright spot. In 2015 expected continued decline in international crude oil prices will affect the global oil and gas M&A market. Various types of oil companies will choose different acquisition strategies to deal with the international oil price challenge. LNG projects and unconventional oil and gas M&A will continue to be active.

关 键 词：非常规油气资源 并购 展望 石油公司 原油价格 LNG项目 同比增长 油气工业 

分 类 号：F416.22[经济管理—产业经济]