???? 據(jù)能源之聲2月8日消息稱，能源咨詢公司雷斯塔能源預(yù)計(jì)，隨著大型企業(yè)將優(yōu)先剝離資產(chǎn)，以精簡(jiǎn)投資組合，它們正在紛紛退出亞洲并購(gòu)市場(chǎng)。
????雷斯塔能源表示：“2020年，價(jià)值超過(guò)10億美元的資產(chǎn)被投放到市場(chǎng)，或者傳言將要公開出售。未來(lái)，包括此前投放市場(chǎng)的資產(chǎn)，潛在交易的價(jià)值可能超過(guò)100億美元。”
????Wood Mackenzie估計(jì)，亞太地區(qū)將出售價(jià)值約120億美元的上游資產(chǎn)。大型石油公司和大型國(guó)際石油公司將是這些資產(chǎn)的主要賣家，出售的資產(chǎn)中有一半以上來(lái)自澳大利亞和新西蘭。液化天然氣的機(jī)會(huì)占58億桶石油當(dāng)量(boe)資源的近60%。這家能源研究公司估計(jì)，隨著企業(yè)戰(zhàn)略的演變，還可能有260億美元的資產(chǎn)進(jìn)入市場(chǎng)。
????市場(chǎng)上的重大交易包括雪佛龍出售其在澳大利亞西北大陸架項(xiàng)目的股份，埃克森美孚和雷普索爾退出馬來(lái)西亞，以及雪佛龍轉(zhuǎn)讓其在印度尼西亞深水開發(fā)項(xiàng)目(IDD)的股份。預(yù)計(jì)埃克森美孚也將削減其在越南的Ca Voi Xanh(藍(lán)鯨)天然氣項(xiàng)目，殼牌正試圖剝離其在印尼阿巴迪巨型氣田的股權(quán)。
????最有可能在2021年開始出售的亞洲國(guó)家石油公司將是印尼國(guó)家石油公司因?yàn)樵摴菊龑で鬁p少?gòu)膰?guó)際石油公司手中收購(gòu)的一些關(guān)鍵國(guó)內(nèi)資產(chǎn)的股權(quán)。
????咨詢公司W(wǎng)ood Mackenzie的分析師Alay Patel表示，石油和天然氣價(jià)格的復(fù)蘇應(yīng)該有助于買家和賣家更接近價(jià)格預(yù)期，而北美上游生產(chǎn)商之間的持續(xù)整合推動(dòng)了全球并購(gòu)活動(dòng)的急劇上升，可能推動(dòng)更多非核心亞太資產(chǎn)進(jìn)入市場(chǎng)。
????這讓人們?nèi)计鹆讼Ｍ诖丫玫陌拇罄麃啞ⅠR來(lái)西亞、越南和其他地方的交易最終可能會(huì)達(dá)成。Wood Mackenzie亞太副董事長(zhǎng)Gavin Thompson說(shuō)，很多事情都需要改善，但到今年年底，亞太地區(qū)很可能會(huì)看到企業(yè)前景好轉(zhuǎn)的跡象，企業(yè)將重新尋求增長(zhǎng)。不過(guò)，他提醒說(shuō)，“聽起來(lái)不錯(cuò)，但當(dāng)然，挑戰(zhàn)依然存在。”
????Wood Mackenzie亞太研究主管Andrew Harwood對(duì)能源之聲表示，埃尼和埃克森美孚最近撤出在澳大利亞的資產(chǎn)組合，突顯出賣方在尋找合適買家方面面臨的挑戰(zhàn)。
????Harwood繼續(xù)說(shuō)：“地區(qū)參與者是最有可能的買家，無(wú)論是澳大利亞的基礎(chǔ)設(shè)施基金、東南亞的老牌企業(yè)還是國(guó)家石油公司都有可能考慮購(gòu)買這些資產(chǎn)。新的私營(yíng)企業(yè)可能會(huì)出現(xiàn)，但考慮到當(dāng)前圍繞油價(jià)的不確定性和長(zhǎng)期需求，為上游收購(gòu)尋找資金將非常困難。”
????朱佳妮 摘譯自 能源之聲
????原文如下：
????IOCs eye $12 billion worth of mergers and acquisition deals in the Asia Pacific region
????Asia mergers and acquisitions are shaping up to be headlined by majors exiting countries as they prioritise divestments in a bid to streamline portfolios, reckons energy consultancy Rystad Energy.
????“In 2020, assets worth more than $1 billion were put on the market or were rumoured to be on the table. Going forward, including assets put on the market previously, the value of potential deals could surpass $10bn,” reported Rystad.
????Wood Mackenzie estimates around $12bn worth of upstream assets are for sale in Asia Pacific. Majors and large international oil companies (IOCs) will be the primary sellers of assets with more than half of the packages on sale coming from Australia and New Zealand. LNG opportunities make up almost 60% of the 5.8 billion barrels of oil equivalent (boe) of resources on offer. A further $26bn of assets could also come to market as corporate strategies evolve, estimated the energy research company.
????The big deals on the market include Chevron’s sale of its share in the North West Shelf project in Australia, ExxonMobil and Repsol’s exits from Malaysia, and Chevron’s transfer of its stake in the Indonesia Deepwater Development (IDD). ExxonMobil is also expected to farm-down its Ca Voi Xanh (Blue Whale) gas project in Vietnam and Shell is trying to divest its stake in the giant Abadi field in Indonesia.
????The most likely Asian national oil company (NOC) to start selling in 2021 will be Indonesia’s Pertamina as it seeks to farm-down stakes in some of its key domestic assets taken over from IOCs exiting Indonesia.
????Alay Patel, an analyst at Wood Mackenzie, believes the recovery in oil and gas prices should help bring buyers and sellers closer on price expectation, while ongoing consolidation among upstream producers in North America has driven a sharp uptick in global M&A, likely pushing more non-core Asia Pacific assets into the market.
????This is raising hopes that long-anticipated deals in Australia, Malaysia, Vietnam and elsewhere could finally get done. Much will need to go right, but by the end of this year, Asia Pacific could well see signs of a refreshed corporate landscape and companies looking again to growth, said Gavin Thompson, Asia Pacific vice chairman at Wood Mackenzie. Although, he cautioned, “sounds great, but of course challenges remain.”
????The recent withdrawal of Eni and ExxonMobil’s asset packages in Australia underscores the challenge sellers face finding the right buyers, Andrew Harwood, Asia Pacific research director at Wood Mackenzie told Energy Voice.
????“Regional players are the most likely buyers, be it infrastructure funds in Australia, late-life players in Southeast Asia, or NOCs picking up assets in their own backyard. New private players may emerge but finding funds for upstream acquisitions will be tough given the current uncertainty around oil prices and the long-term demand,” added Harwood.?
