Chapter 1078 A gamble on luck
The next day.
Li Jinling handed over a document.
“Mr. Xu, this is the information sent by Andrew Forrester from Unocal.”
Xu Liang took it and took a look.
"Huh?"
After reading it intently, he thought for a moment and took out his cell phone to call Andrew.
The call was answered quickly.
“BOSS, good morning.”
“Andrew, do you want to participate in the Brazilian oil tender?”
"Boss, we did not take the initiative to participate, but we were invited by Petrobras. Of course, if you don't want to participate, we can also refuse."
As an oil giant that has been established for more than a hundred years, Unocal, although In recent years, its presence in the global oil field has become less and less, but it has been deeply involved in offshore oil exploration for many years.
It is the world's top offshore oil explorer.
Top technical capabilities.
At present, most of the oil and gas resources in our hands are offshore.
Back to Brazil.
Don’t look at the fact that minibuses are half-dead now being punished by the Americans.
But in the 1960s and 1970s, the annual GDP growth rate of minibuses reached 10% to 20%, and they were hailed as the "Brazilian Speed" by the world.
The minibuses at that time were very popular, just like the Four Asian Tigers in the 1980s and 1990s, and the University of Tokyo in the 21st century.
However, with the outbreak of the first oil crisis in the 1970s, oil prices skyrocketed, which made minibuses, which relied on imports for nearly 80% of their oil at that time, miserable.
Due to the lack of onshore oil and gas resources, Xiaoba began to increase investment in offshore oil exploration and development.
This development doesn't matter.
I dug up the big treasure directly.
Malim with reserves of 2.7 billion barrels was discovered in the shallow sea (less than 500 meters) and deep sea (500-1500 meters) suprasalt areas of the Campos Basin northeast of Rio de Janeiro.
Roncardelle with reserves of 2.3 billion barrels.
and Marimnan, which has reserves of 1.2 billion barrels.
Three world-class oil fields.
From then on, the minibus became a big bus and became a world-class oil export giant.
Having tasted the sweetness, Daba looked towards the Atlantic Ocean with burning eyes.
That's not water, it's all flowing money.
But it’s not easy to turn water into money.
Deepwater oil exploration and deepwater oil production below 1,500 meters are technical activities.
There are only a few companies in the world that can master it.
Anyway, buses definitely don’t have this capability.
If you can’t do the job yourself, you can only invite bids from outside.
That’s how Brazil’s global oil tender came about.
It has been held six times from the beginning of the century to now.
I don’t feel bad that the bus is just a cub but it’s basically an auction every year.
The abacus is also good.
The oil company that won the bid invested its own money in the exploration. If the oil field cannot be found during the exploration, it is yours and it has nothing to do with me.
If it is found, Petrobras will hold 30% of the shares proportionately.
Also, nearly half of the crude oil discovered will be transferred to Brazil and sold by the latter.
No matter how you calculate it, it’s a big profit.
Therefore, Daba invites bids every year, and any oil company with deepwater exploration and development capabilities will be invited by them.
This is not the first time Unocal has been invited.
From 2002 to now, they have participated every year.
But offshore oil exploration is a high-risk matter.
If you dig out ten wells and dig out one with oil seedlings, you are considered lucky.
In most cases, the results are empty.
Unocal participated in Brazil's deep-sea oil bidding in 2002 and 2004 respectively.
Nothing was achieved in 2002.
A well was drilled in 2004, but the reserves were less than 1 million tons and had little development value.
"Andrew, what's your opinion?"
"BOSS, I think we should participate."
"Participate? The reason why Unocal was sold was, in addition to the low oil prices, The biggest reason is that too much money is spent on ocean exploration." Xu Liangdao.
"BOSS, if Unocal wants to develop in the oil field, it must continue to expand its business. We don't have many good opportunities on land, only the ocean."
At his heart, Andrew is a person full of adventure and enterprising spirit.
This can be seen from the fact that he had the courage to go to China to trick those steel companies into signing iron ore supply contracts before the iron ore was even there.
So he felt that Unocal should be aggressive in the oil field.
“BOSS, the company’s terminal and railway in Western Australia are almost completed, and the mine is expected to be mined by the end of this year.
Add to that rising oil prices.
Unocal Resources Group’s share price has exceeded 67 Australian dollars, and its total market value has exceeded 24 billion US dollars.
We can definitely raise a sum of money or issue a new corporate bond to participate in Brazilian oil exploration. ”
“The company’s market value is already so high? ”
Xu Liang was a little surprised.
After he completed the acquisition from Unocal's shareholders for US$17 billion, he then sold the company to FMG, which had not yet changed its name.
Of course the latter cannot afford so much money.
Xu Liang asked Hongyan to guarantee it and issued a corporate bond worth US$17 billion to acquire Unocal.
In other words, Unocal is now carrying US$17 billion in foreign debt.
The annual interest repayment alone is as high as 1.4 billion US dollars.
"Recently, the international oil price has increased to 77 US dollars per barrel, an average increase of 28% over last year.
Unocal's revenue from the oil business this year will exceed 4 billion US dollars, and its gross net profit will exceed 1.8 billion US dollars.
Coupled with the natural gas business, pipeline business and power plants, the company's net revenue is expected to exceed US$9 billion this year.
Gross profit now exceeds US$4 billion. "Now Unocal produces 16 oil per day. million barrels, with a daily natural gas production of 1.73 billion [50 million cubic meters] cubic feet. Just these two businesses, based on current oil and natural gas prices, can generate annual revenue of US$7 billion.
In addition, Unocal also operates the Thailand-Myanmar oil pipeline. All natural gas transported from Myanmar to Thailand must be paid to Unocal.
Finally there is the power plant.
In order to monetize the abundant natural gas.
Unocal has five thermal power plants in Thailand, Indonesia and the Philippines, with a total installed capacity of 1,537 MW.
“BOSS, this year we are preparing to use US$3 billion in revenue to repay debt.
It will reduce total debt to $15.4 billion while generating a surplus of $600 million.
According to the current international energy development trend, energy prices will be higher in 2007.
And our 40 million tons of iron ore production capacity can be put into production smoothly. According to the current iron ore price, the revenue can reach at least 2.4 billion US dollars.
Not surprisingly, the company's revenue will exceed US$14 billion next year, and its gross profit will exceed US$6 billion.
In two years, the company's debt can be reduced by one-third.
And it can also obtain a surplus of at least US$1.5 billion.
So BOSS, we have enough capital to participate in Brazil’s offshore oil tender. "
Xu Liang was silent for a long time.
"Since you want to go, then go. "
Andrew, who felt relieved, quickly asked.
"BOSS, how many blocks should we bid for?"
"You make your own decision this time, how many blocks you want to bid for."
When Andrew heard that he had to make the decision himself, he felt On the contrary, there is no bottom.
“BOSS…”
“Don’t worry. I just want to see if you can get 3 billion tons of iron ore from the Pilbara and from the two giants. There is no better luck.”
Luck is completely a metaphysics.
With so many people buying lottery tickets, someone can win the jackpot.
BHP Billiton and Rio Tinto dominate the Pilbara mining area, and both say there is no iron ore there.
Many prospecting companies have not made any big discoveries.
As a result, if Andrew goes, he will be able to extract 3 billion tons of high-grade iron ore.
This luck is no longer the appearance of the God of Wealth, but the treatment that only the God of Wealth's own son can have.
Iron ore worth hundreds of billions was smashed into my arms, where can I go to explain?
So Xu Liang wanted to see if Andrew's good luck could extend to Brazil this time.
Andrew, who was determined, immediately patted his chest and promised.
“BOSS, don’t worry. God is on our side.”
Hearing that this guy was so proud, Xu Liang felt unsure.
"It seems that I will also go there then."
If anyone has the best luck in the world, Andrew is his younger brother.
Rebirth is the greatest luck in the world, bar none.
Picked up the documents on the table again and flipped through them.
He shook his head in disappointment.
Although he was successful in his previous life, his experience and knowledge were limited to a few industries such as education, the Internet, and hard technology. What he learned at the Cheung Kong Graduate School of Business and cocktail parties at investment institutions were mostly domestic. Business news.
I’ve heard of Petrobras, but I really don’t understand it.
“Forget it, just rely on luck.”
Put the information away, look at the time, and then turn to look out the window.
The bright sunshine illuminated the entire Xu Manor with vitality.
The carefully designed Japanese-style house, although exquisite and elegant, is also a little less majestic.
Xu Liangliang felt excited.
Press the phone on the table.
Li Jinling quickly opened the door and walked in.
"Mr. Xu."
"Let Liu Xiao come in and find me two bodyguards. Remember, be more ordinary."
"Okay."
Half an hour later, under the miraculous effect of Asian makeup magic, Xu Liang was transformed from a handsome young man into a middle-aged man in his forties who was of mixed race.
Looking at himself in the mirror, he nodded with satisfaction.
"Sister Liu, your makeup skills are getting better and better."
"As long as you are satisfied."
"Brother Liang, how about I go out with you?" Huo Gang road.
"You are such a big man and have such a body shape. If we go out together, who would like to take a look? Wouldn't my disguise be in vain?"
Xu Liang himself is strong enough. .
Huo Gang is even better than him, especially his height reaches 192cm. When he walks on the road, he is a perfect ‘Zhang Fei II’.
Two people walking together are brighter than a light bulb.
Huo Gang's face showed dejection.
He also knows his own problems.
"Just have a good chat with Zhang Mei at home, I'm still waiting to eat your wedding candy."
After patting him on the shoulder, he turned around and walked out.
I drove an ordinary Honda Accord and left the villa.
Xu Liang asked: "Are you following?"
In the co-pilot, Zhang Hongwei, who had also changed his makeup, asked through the headset.
“The team that fell behind found no tracking, and the electronics team found no special signals.”
Xu Liang nodded.
He never takes his own safety lightly.
In addition to fighting, his bodyguard team also has various groups such as electronics, Internet, psychology, makeup, etc.
Even the President of the United States may not have as tight a guard as he does.
(End of this chapter)