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Text Chapter 620: Closed

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    "Invite them to come on the deck." Sioux City is not afraid of people seeing the state of the offshore drilling platform.

    The representatives of the two companies got off the boat looking around.

    Needless to say, Japanese inpex company participated in Azerbaijan¡¯s bidding, and participated in the competition for the No. 6 oil block. Although they failed in the end, they still participated in obtaining part of the shares in the other two oil fields, and the harvest was considered to be above average.

    Sumitomo Trading Co., Ltd. is even more powerful. It is an old financial consortium with total assets of more than 300 billion US dollars and annual profits of more than 3 billion US dollars. It is a standard Fortune 500 company. It can be said to be the crystallization of Japan's monopoly power. It is also the current  It is difficult for Dahua Industrial to match.  Slightly different from other Japanese or American consortiums is that Sumitomo Trading Co., Ltd. is a company deeply involved in futures trading and other financial products. The famous "Mr. 5%" is Sumitomo Trading Co., Ltd.'s copper futures trader in the City of London.

    This is a large financial trading company with the ability to make a profit of US$500 million and a loss of US$5 billion. It is 80% correct to regard it as a collection of banks, insurance companies and securities companies.

    In a typical Japanese image, Shigeru Nishioka stooped to the deck of the drilling platform, bowed continuously to greet him, and looked at the workers around him cunningly with his small but nimble eyes.

    Hideto Hirano of Sumitomo Trading Company seemed to be more Westernized. After bowing quickly and lightly, he introduced himself in fluent English: "I am Hideto Hirano who has just arrived in Azerbaijan. Because I often participate in the financing of oil companies, I have knowledge about the crude oil market.  I knew a little bit about it, so I was sent to Baku. Well, traders are saying that the next direction of the crude oil market will be decided by the chairman of Sioux City."

    Although he knew it was a compliment, Su Cheng was still "Long Yan Delight" and said with a smile: "Even the Pan Asia Fund does not have the strength to determine the direction of the crude oil market, let alone Dahua Industrial, which has a small shareholding. I personally think that crude oil  The direction of the economy will ultimately be determined by the market.¡±

    ¡°Futures indeed have an unusual charm.¡± Hidetomo Hirano apparently understood the market Su Cheng mentioned as a financial market.  Like most such consortiums, in the eyes of Sumitomo Trading Company members, manufacturing and resource extraction industries are second-category related companies, and their superior vision is always focused on the purely financial field.

    Su Cheng did not explain. He nodded slightly and said, "You can visit at will as long as you don't interfere with other people's work."

    See him leaving.  Shigeru Nishioka quickly stopped him and said, "Dr. Su. How is the situation in the oil field?"

    "That's the current situation. Yang Ming will introduce it to you in detail." Su Cheng had no intention of entertaining him seriously.

    Hirano Hideto noticed it, laughed twice, and hurried before Su Cheng left.  Said: "Chairman Su Cheng, is Pan Asia Fund now seeking financial support?"

    "Do you want a loan?" Su Cheng gave him a strange look.

    "No, it's not a loan, it's a capital injection." Hidetoshi Hirano shook his head and said: "We are very optimistic about the professionalism of Pan Asia Fund. A fund company composed of oil companies must have a very detailed understanding of the crude oil market However, you should still be missing someone.  Professional financial companies, I mean participating in the most core decisions, or financial companies should participate, so that it is easier to gain gains in the financial market Therefore, Sumitomo Trading Co., Ltd. hopes to invest in the Pan Asia Fund, which is a mutually beneficial good thing.  "

    ¡°You still don¡¯t know the companies that make up Pan Asia Fund, right?¡± Except for Dahua Industrial and Kang Le Company, which unexpectedly showed up, other companies are still more willing to hide in the shadow of offshore funds.

    "I learned some peripheral information."

    "Um."

    Hirano Hidetoshi smiled and said: "You may need a little time to discuss, but what I want to say is that Sumitomo Trading Co., Ltd. is very sincere. Once we enter into specific negotiations, the president will personally preside over the matter."

    With the strict hierarchical system of Japanese companies, the merger or purchase of shares by the president is the most important business behavior of the trading company. Hirano Hideto believes that businessmen like Su Cheng will definitely understand the meaning.

    Shigeru Nishioka coughed twice and said: "Sumitomo Trading Co., Ltd. owns part of the shares of our company. If Sumitomo Trading Co., Ltd. joins the Pan Asia Fund, we can also have further cooperation."

    "I understand." Su Cheng's expression was indifferent.

    Hirano Hidetomo is the backbone of Sumitomo Trading Company and has participated in similar financial activities. He immediately asked: "Can we confirm a time for discussion? Sumitomo Trading Company is willing to conduct the first round of discussions in China or Japan."

    "No."

    "It's just a negotiation. Sumitomo Corporation has abundant funds and is familiar with the crude oil market. Joining the Pan Asia Fund can increase everyone's profits."

    "Unless you want to do long business." Su Cheng said simply.?? cut off Hideto Hirano's words.

    Hideto Hirano rubbed his eyebrows, then readjusted the tie on his shirt, and said slowly: "This is not the first time that a trading company has invested in the Pan-Asia Fund. We can cooperate in all aspects. Regarding the rise and fall of crude oil prices, everyone can sit down and further discuss  Discussion, Dahua Industrial has not discovered a super oil field yet? There is no new news in the world market that changes the relationship between supply and demand"

    "Although I can explain the problem you raised, if Sumitomo Trading Co., Ltd. does not join the Pan-Asia Fund, we can all save some trouble." Su Cheng issued an eviction order.

    Hirano Hidechi was silent for a moment and said, "Can we just walk around?"

    After getting Su Cheng¡¯s consent again, Hidetomo Hirano and Shigeru Nishioka went below deck.

    While observing Dahua¡¯s employees, Shigeru Nishioka said softly: ¡°There is no way there will be a super oil field in No. 6 oil block. He is bluffing.¡±

    "Inpex also conducted an assessment on No. 6 oil block that day? What was the conclusion?"

    "Valuable oil reservoirs are worth exploiting, with reserves of tens of millions of barrels, or perhaps hundreds of millions of barrels." Shigeru Nishioka said unhappily: "Later, Dahua Industrial adopted a high-signing-bonus model, and we were unable to  Winning bid.¡±

    "What now? How do you judge?" Hidetomo Hirano said unkindly.

    "It's more than a few hundred million barrels, but it won't be a super oil field." Nishioka Shigeru snorted, thought for a while, and then said: "Sioux City is so big nowit will definitely lose money."

    Hirano Hideto glanced at him with a half-smile. From the current point of view, Dahua Industrial's high signing bonus strategy will earn them hundreds of millions of greenbacks. Nishioka Shigeru's decision at the time was obviously wrong.

    However, there was no need for Hidetoshi Hirano to continue to laugh at him. Instead, he nodded and said: "Dahua Industrial has invested more than necessary in Azerbaijan, and it is possible to lose money."

    ? Two Japanese men took a turn on the offshore drilling platform and returned to Baku.  There are representatives of oil companies and their clubs.  The former Soviet Union in 1994 was like China in the late Qing Dynasty. In every country that could be counted, there were always people who wanted to take advantage.

    Like their predecessors, Hirano Hidetomo and Nishioka Shigeru exchanged information or gathered more information in the Baku area.  The actions of Pan Asia Fund have made headlines in the oil and financial circles. There are many people observing them, including oil companies, financial companies, media companies, government agencies

    Li Shirong and his Secrecy Department are more nervous than ever. While allowing the drilling platform to visit, they block a certain drilling platform from time to time, not only blocking access, but also blocking information, maybe for a day or two, or a week or two.

    At the beginning, some journalists were indeed skeptical and excited about this, but the subsequent relaxation of controls will disappoint them. Over time, fewer people are watching the drilling platform to block news.

    Some reporters guessed the reason, but there was nothing they could do about it.  In the mid-1990s, there were many professional oil journalists who had witnessed numerous intrigues in oil transactions, but this open approach was the most difficult to obtain information from.

    Li Shirong¡¯s only worry is that when someone boards a certain drilling platform, oil will come out.

    Fortunately and unfortunately, such a thing did not happen.

    Because the second round of drilling yielded nothing.

    This is not surprising in oil exploration. When crude oil is already gushing, oil companies are very optimistic about this. Dry wells can appear at any time.

    It takes time to move a jack-up drilling platform to another location. The Dahua drilling platform, which doubled its manpower, finally chose a new location after many twists and turns.

    The good thing is that after half a year of analysis, the drilling location and depth given by Qin Shiwei and others are becoming more and more accurate.

    On June 12, the Pan-Asia Fund decided to hold a plenary meeting one week later.

    The Pan Asia Fund began to communicate more and more frequently.

    June 14th.

    Li Shirong once again announced the closure of drilling platform 505.

    ¡­¡­
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