Unconventional oil and gas development in the global competitive, the energy giants are joining forces to increase their competitiveness through the powerful chips. Yesterday, the Beijing Chinese Commercial News reporters Cong Zhongdan and You Huoxi , the group has signed a global cooperation agreement with Shell Group , agreed to strengthen long-term cooperation in the unconventional , liquefied natural gas (LNG) and other oil and gas fields worldwide . It seems in the industry, in addition to the effect on the formation of each other’s development, deepening reform of the oil through cooperation intentions are obvious.
Shell responsible person responded Beijing Daily reporter yesterday that according to the agreement, the two sides committed to expand and deepen cooperation in the scope of the project . CEO of the group Fanbo Deng said that in the current world economic and political situation, and only through cooperation can achieve greater success. Currently, Shell company focused on the company's business structure adjustment, and strictly control investment costs. Previously, Shell on shale gas reduction actions are also cast confirmed this point , the beginning of this year, the group announced cuts 2014 capex , sell shale gas assets in North America.
The industry believes that the development of unconventional oil and gas is a high- investment, high risk projects , the combination is imperative, and in cooperation enterprises are also each has . Zhuo record information analyst Wang Xiaokun believes that shale gas development in China has great potential , and because they are profitable strong end markets , companies have been eager, but currently cannot go directly to foreign companies mining Chinese upstream oil and gas industry , the need come near a domestic enterprise .
Zhongyu Information analyst Zhang Yonghao said that the oil giant Shell as a veteran , is the wave of the North American shale gas development pioneer , at the technical level has incomparable advantages in oil , Shell is equivalent to deepen cooperation in technology shares
