Exploration & Development Multinational Management Study Of Daqing Oilfield

The domestic petroleum supply can' t satisfy the continuance and speed development of economy in China at present. This contradiction is becoming outstanding gradually. It is necessary of economy and society development that we invest in petroleum area and establish oil & gas production base oversea. It is the only way for national oil companies of China to carry out multinational management strategy andtake part in international competition as well. The oil & gasexploration and development multinational management is one way forDaqing Oilfield to realize its sustainable development.The oil & gas exploration and development multinational management should keep the principle to select invest area and determinate methods of exploration and development, in order to decrease risk, ensure safety investment and maximum profit. Whether the oi 1 & gas exploration and development multinational management will be successful or not is decided by the correct target counties and entrance strategies. Some issues will affect multinational management directly, such as the selection of target countries, decision-making, and entrance strategies.The thesis brings forward a proposal of the target countries and strategy of oil & gas exploration and development multinational management of Daqing Oilfield by selecting important investment countries and analyzes the investment methods and decision-making of the projects. It introduces economic evaluation model and tax model of Production Sharing Contract as an example. The models will be helpful for the oil & gas exploration and development multinational management of Daqing Oilfield.