Soviet Godfather

Vol 5 Chapter 181: Samoterol oil field is in hand

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The international bidding held by the Ministry of Petroleum and Natural Gas Industry of the Soviet Union was so demanding that very few foreign companies were eligible to participate. And those foreign companies that have met the time limit for trading with the Soviet Union are rarely able to get 7 billion U.S. dollars as a bond for bidding. For the sake of national security, Western oil companies such as BP and Mobil are excluded from the monopoly in order to prevent the Soviet Union's large oil fields from falling into the hands of these unfriendly Western forces.

After Seriosha controlled Occidental Petroleum through a series of capital operations, Hamer was no longer able to control the company's decision-making power, because Occidental Petroleum's board of directors was completely controlled by Seriosha's relatives and friends. Although Occidental Petroleum's total assets are less than 20 billion U.S. dollars, Old Hammer manages the company very well. Occidental Petroleum has been deeply involved in the petroleum industry for many years and has a complete petroleum industry chain, from oil and natural gas exploration, to oil smelting, and finally to petrochemical and fuel retail businesses. In addition, Occidental Petroleum also Master the most advanced shale oil retort technology in the United States.

The benefits of owning a mature oil company for Glencore are obvious. The oil trade that Glencore is engaged in is spot oil trading. They have never involved oil exploration and extraction industries. If there is mature oil from Occidental Petroleum The exploration and production team believes that the water cut problem in the Samoterol oil field will be well resolved.

The bidding for the Samotrol oil field will be set up at the International Olympic Hotel in Moscow. Most of the oil companies participating in this bidding come from Europe, among which Italian oil companies are the majority, and many large Western oil companies are excluded. Participate in this tender. Although the scale of the oil companies that came to participate is hard to be called world-class, it is common for several small oil companies to join together to bid for the Samotrol oil field. After all, seven billion dollars is not a problem. A small amount, many companies can't come up with the money.

However, this does not affect the bidding activities. Although the vice president of Occidental Petroleum did not announce to the outside world that he would abandon the bidding, he has been instructed by the board of directors and the bids in this bidding activity have been strictly limited. 11 billion US dollars. In other words, the vice president of Occidental Petroleum has only one billion bids. In order to prevent other small companies from disrupting the situation, Glencore directly increased the price to 12 billion U.S. dollars. I believe this price should be a limit.

When the tender documents are handed over to the bidding committee, all we can do is wait. When the representatives of all participating companies left the International Olympic Hotel, the lobby of the hotel was crowded with reporters from various countries who came to interview. This is a rare super large oil field. The Soviet government is actually willing to use it to attract foreign funds. This is definitely global trade. It is a major symbol in the field, but reporters regret that the conditions for this bidding activity are too harsh, and many world-class oil companies cannot participate. Among the companies present, Occidental Petroleum and Glencore seem to have the greatest chance of winning.

Since the tender contains too much content, it will take about a week to wait for the final result. This long waiting event made Seryosha feel very difficult, he was very afraid

The Samoterol oil field fell into the hands of others. In addition, Sergei hasn’t figured out how to deal with Occidental Petroleum’s next step. Remove Old Hammer from Occidental Petroleum's board of directors? Old Hammer is a banner of Occidental Petroleum, and it is the company’s most competitive intangible asset. If this is done, what about Occidental’s oil fields in Peru, Colombia, and Venezuela? Most countries have guerrillas. If it were not for the relationship between Hamer and Castro, the guerrillas would not give any face to foreign capitalists. So after deliberation, the benefits of retaining Hammer’s position in this company far outweigh the benefits of eliminating Hamer.

So after Mikhail sang Hamer publicly on the board of directors, Mikhail has been working hard to repair the relationship with Hamer in subsequent meetings. Hamer has been in business for so many years, and he has never seen any big storms. The essence of a businessman is to chase profits. As long as he has money to make money, Hamer will not just care about some personal grievances. Mikhail first expressed his heartfelt admiration for Hamer. In addition, he also expressed his willingness to support Hamer's proposal in the investment of Occidental Petroleum other than the Somertl oil field, which largely dispels it. Hammer's wariness.

Mikhail’s current vision and vision have been cultivated. In his view, the acquisition of shares in a company is only the first step in the acquisition. How to make this company develop better in the family of Columbia Bank is a big deal. The problem, a character like Hamer, UU reading www. Although the wealth of uukanshu.com and Mikhail are tens of thousands of miles away. But Hammer's influence in the two camps of the East and the West is not even comparable to that of the President of the United States. In front of such a character, it is completely impossible for Hammer to bow his head by relying on money and power. If Sergey Shah really goes to war with Hamer, all the shareholders of Occidental Petroleum will suffer. Therefore, both Mikhail and Hamer actually understand and value the truth.

It took quite a long time for a week, but Xie Liaosha actually knew all the quotations made by the companies that had just made this event on the second day of the bidding. The quotation from Glencore was not unexpected. The highest among all companies. This gave Sergei Sha’s heart a reassurance. He found an opportunity to disclose the news to Glencore Vice President Green, who participated in the bidding in Moscow. Green was not surprised by this result. After all, the Soviet Union was It is the first time for such a large-scale bidding activity in the world. Many companies are both very interested and a little uneasy. The goodwill of the Soviet government in the world is not very good. If the bidding funds are withheld due to political problems, these companies must go bankrupt.

During his time in Moscow, Green has been trying to get in touch with the high-level officials of the Soviet Ministry of Oil and Gas Industry. His efforts have achieved certain results. Chernomyrdin has a good impression of Green. A week later, Green finally got the contract to win the bid from Chernomyrdin, and then held a grand signing ceremony at the Olympic International Hotel in Moscow, and the Samoterol Oilfield finally fell into the hands of Glencore Group.

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