Jiangsu Oilfield Development Strategy

In the new century , the international and internal petroleum environment has occurred the huge change . After China becomes a member of WTO, domestic oil & gas exploration and oil market will be further opened to foreigners, so enterprises in China will inevitably confront big shocks on oil field resource, technology and human resource , and bear unprecedented competition pressure from international market. As a enterprise of resources mining, it must emphasize on the oil field strategy which is seldom carried out in the past.By focusing on the production of Jiangsu Oil Exploration Corporation (JOECO) which is combined with big changes of Petroleum industry operating environment and using SWOT analysis and other knowledge acquired in MBA study, this paper puts forward the development strategy for JOECO. The strategy includes resource-allied .cost-leading and specified implementing methods.This paper not only has very real significance to the sustained development of JOECO, but also has practical and directing significance to the development of north petroleum industry and Jiangsu province local economy.