Daqing oilfield is the important oil of two companies, has experienced 50 years of exploration and development, once the largest oil output in domestic China, and in recent years Daqing oilfield aura no longer.

At the beginning of 2016, when the Daqing oilfield management publicly issued a document that, at the same time, the problems of Daqing oilfield back-up resources development benefit has become worse and worse and social problems such as the heavy burden. The disclosure of the data show that in 2015, Daqing oil revenue 155 billion 300 million yuan, profit of 10 billion 200 million yuan, affected, compared to 2014 decreased by 100 billion 200 million yuan, 54 billion 200 million yuan. Two months of 2016 has been a loss of more than 5 billion yuan, increasing operating pressure.

In the background of the market downturn, to expand overseas business is more important. From the oil group news shows, 2016 Daqing oilfield has won the bid in Iraq, Turkmenistan and other countries related projects, overseas revenue 8 billion 75 million yuan. But in the market better in 2012, Daqing oilfield overseas business scale and efficiency was the highest level at the time, to achieve revenue exceeded 9 billion yuan.

In this regard, the dean of Xiamen University Institute of energy analysis China policy Lin Boqiang said the long-standing Daqing oilfield overseas business development strategy, the production target is half of the country made the first public “. He believes that the Daqing oilfield domestic output is already the natural decline stage, its development is imperative to go out.

Lin Boqiang believes that the next few years, Daqing oilfield overseas market revenue will have a greater breakthrough, expand overseas business opportunities more. He said that the rebound in oil prices under the environment of overseas mergers and acquisitions, overseas contract projects and overseas cooperation opportunities. At the same time, Daqing oilfield to overseas market negotiations long, political risks and fierce competition to prepare.