Chapter 365 Halliburton's Invitation
Early in the morning on July 1, the area around the Hilton Hotel, where the designated oil dealer was staying, suddenly became heavily guarded. Anyone entering a 500-meter radius of the hotel had to be inspected by the military police. At the same time, many plainclothes guards entered the hotel and conducted inspections of the hotel.
Comprehensive security checks.
This is a proper security measure.
Because after the results of the presidential election are announced, the new president will hold an economic conference at the Hilton Hotel and announce a series of economic development policies, among which the introduction of foreign investment to develop the Baku oil field is the top priority, and the winning company will be announced at the same time.
This was all planned by Gaidar, and everything was going according to his plan.
Oil companies cannot sit still. Even the CEO is restless when it comes to a business involving tens of billions of dollars. Although many diplomatic public relations have been carried out before, even the group formed by Exxon Petroleum Company and Halliburton
There is not much confidence in a joint venture either.
This is the charm of doing energy business in a country with an unstable situation. No one knows which side will win until the last moment. The winner leaves in embarrassment, and the loser catches up. This situation has happened before, and the more uncertain the situation, the more uncertain the situation.
In this case, the chance of this happening is greater.
The lounge on the top floor has long been a place for oil businessmen to communicate. In order to ensure that these oil tycoons have a comfortable, quiet and private environment, the hotel has simply reserved it exclusively and will not accept other guests for the time being.
After breakfast, Yao Yuan also arrived at the top-floor lounge. Naturally, he was accompanied by the lively Lin Wei, the never-ending Lin Xiaohu, and Yelena who acted as translator.
Jiang Yong was guarding the door as usual.
This is the first time Yao Yuan has been to the top-floor lounge, at the invitation of Jason, executive vice president of Halliburton Asia.
Jason was chatting with a white-haired European man in his sixties. When he saw Yao Yuan, he raised his hand and waved. It was impossible to stand up to greet him. In China, Yao Yuan is definitely worthy of the provincial and ministerial level cadres to stand up and greet him, but in
Abroad, in front of this group of oil tycoons with billions of dollars in their hands, he is a nobody.
"Mr. Yao, let me introduce you. This is Mr. Cage, the executive vice president of Exxon Petroleum Company. This is Mr. Yao Yuanyao who developed the double-head oil extraction unit." Jason introduced with a smile.
Yao Yuan sat down and nodded, "Mr. Cage."
Cage looked at Yao Yuan curiously and said, "Mr. Yao studied petroleum machinery? The idea of the double-head oil extraction machine is very novel. It is unimaginable that such technology would appear in China, which is backward and ignorant."
Yao Yuan smiled lightly and said, "Chinese culture has lasted for five thousand years, and highly intelligent designs abound. The technology of the double-head oil extraction machine is not worth mentioning. Exxon Petroleum Company should invest more than one billion in technology research and development every year.
Do you have US dollars?”
Cage's face changed slightly, and only he knew how uncomfortable he felt. Exxon Petroleum Company also engaged in the research and development of petroleum machinery, and its investment in the research and development of oil extraction machines alone had already invested tens of millions of dollars.
But the effect is unsatisfactory.
Oil production machines are the most basic petroleum machinery and equipment. Exxon Petroleum Company has more than 50,000 oil production machines in use in oil fields around the world.
What is this concept?
The double-head oil extraction machine developed by Yao Yuan can save 33% of electricity. This alone can save tens of millions of electricity costs every year!
The overall efficiency of the double-head oil extraction unit has increased by 40%!
This means that the same number of oil extraction machines can almost double the output of the oil field!
Halliburton is a technology-crazy oilfield services company. They spend more than a billion dollars every year on purchasing patents and merging companies. What they rarely do is buy the rights to use patents, because they are the oilfield with the largest number of patents.
Service companies.
Halliburton was able to develop a double-head oil extraction machine, but Yao Yuan beat him to it and registered patents in dozens of countries. They could not get around it, so they had to buy the patent rights from Chunfeng Academy of Science and build their own factory to produce it.
Southern Industrial will be paid US$3,000 for each unit produced.
This income alone can bring Yao Yuan tens of millions of dollars in profits every year.
If it weren't for this reason, Yao Yuan would really be a useless little guy.
Cage was not only curious about the man who could earn tens of millions of dollars from Halliburton, but also admired him. However, his inner discrimination against China made him naturally act like a God.
Yao Yuan chuckled and said, "Mr. Cage's ancestors were British, and he later immigrated to the United States. He should know the history of the United States. In a country with a history of only more than two hundred years, I think the word ignorance should be used in such a country.
It fits better on my body.”
Cage's face changed completely, he snorted and stood up to leave.
Smiling awkwardly, Jason said, "Mr. Cage's thinking is indeed a bit old-fashioned."
It seems that the cooperation between Halliburton and Exxon is not as smooth and harmonious as it seems.
Jason asked straight to the point, "Which oil field does Southern Industrial intend to acquire?"
"All." Yao Yuan was equally unambiguous.
Today, the purpose is no longer a secret, and the bids of various oil companies have even been circulated. As for whether they are true or false, that is a matter for the experts of the Corporate Strategic Intelligence Department.
Jason only thought that Yao Yuan was joking, "Mr. Yao, I admire your talent in petroleum machinery design. Facts have proved many times that a hundred percent of hard work is not as good as one percent of talent. However, after winning all seven oil fields, Southern Industrial
You shouldn’t have the funds, right?”
He knew that Southern Industrial had at least 100 million U.S. dollars in funds at its disposal, which could enable it to bid for two oil fields.
Jason said, "According to the strength of Southern Industrial, it is indeed possible to bid for two of the oil fields, but what about the capital investment after obtaining the exploration rights?"
Yao Yuan smiled and said, "Southern Industrial has no funding problems."
Jason didn't believe it at all. He shook his head with a smile and changed the topic, saying, "Halliburton plans to build a factory in China to produce double-head oil extraction units. Are you interested?"
Currently, wholly foreign-owned enterprises are not allowed to enter the petroleum equipment industry. In fact, many industries are not yet allowed. If foreign-funded enterprises want to build factories in China, they must enter into joint ventures with enterprises in mainland China. This is the purpose of Jason's meeting with Yao Yuan today.
Not to test the tone of bidding.
Jason would be worried that other companies have seized the exploration rights of many oil fields, but he absolutely does not believe that Southern Industrial can win it. He would rather believe that time goes backwards.
The increasingly high labor costs in the United States have made the profits of Halliburton's double-head oil extraction machines increasingly thin, and they have to find a more suitable country for industrial transfer.
Yao Yuan said with a smile, "Actually, you don't need to build your own factory to produce it yourself. Wouldn't it be better to leave the production to Huaxia Enterprises? You only need to do good sales and after-sales service?"
Jason became interested and said, "I'm all ears."
Yao Yuan said, "Southern Industrial has a machinery factory that can produce almost all onshore petroleum machinery and equipment. Southern Industrial is willing to purchase two production lines from Halliburton."
"I only care about the price of the product." Jason said.
Yao Yuan smiled and said, "It's very cheap. A double-head oil extraction machine only costs 8,000 US dollars."
Jason's eyes almost popped out of his head.
You know, when they produce a double-head oil extraction machine, they have to pay 3,000 U.S. dollars in royalties to Southern Industrial. However, Southern Industrial can produce a double-head oil extraction machine and sell it to them for only 8,000 U.S. dollars. This price is not high, but
Extremely low!
Chapter completed!