Langhua Petroleum has been engaged in offshore oil exploration in Europe for a long time. More than ten years ago, Langhua Petroleum's offshore oil fields to the west of Europe saw its production shrink, so it was thinking of carrying out a new round of expansion before Europe.

Another ten years have passed, and Langhua Petroleum's crude oil production in Europe has been less than half of its peak, and a number of drilling platforms and offshore vessels have become surplus.

Langhua Petroleum previously had a large number of equipment and facilities that were rented out at high prices, but the subprime mortgage crisis swept the world, and the pace of recovery in Europe was far slower than that in Asia and North America. As a result, a considerable number of equipment and facilities were idle there.

Langhua Petroleum plans to use a batch of idle equipment and facilities to inject them into the Fulkov Petrochemical Group at a discount of US$500 million in exchange for 12.5% ​​of the shares.

For Langhua Petroleum, this is equivalent to activating the Kuikotos Oilfield and reorganizing the existing fixed assets to achieve greater benefits.

Cao Mo did not refuse this. After all, Fulkov Petrochemical did not have a strong position in the industry. It was not easy to purchase large-scale offshore equipment and facilities.

At present, the top management of Langhua Petroleum is inclined to retain the Quekotos Oilfield, so it may be willing to make greater concessions on the valuation of these second-hand offshore equipment and facilities.

In the previous cooperation, Langhua Petroleum treated the dead horse of Kuikotos Oilfield as a living horse doctor. The cooperation conditions were extremely loose and open to both parties, so the progress was very fast. This time, although both parties have positive intentions,

But to carry out formal, bundled and close cooperation, Langhua Petroleum's urinary nature as a long-established European company will be exposed.

To put it nicely, it is rigorous, but to put it poorly, it is cumbersome and procrastinating.

Sturgeon, on behalf of the chairman of the Fulkov Petrochemical Group, talked with the senior management of Langhua Petroleum. The two parties agreed in principle to cooperate. However, a memorandum of understanding in the early stage of the meeting, which was not legally binding, was reviewed by Langhua Petroleum’s legal team.

It took three days before it was officially signed; for the more formal framework agreement, Langhua Petroleum hoped that Cao Mo would come forward in person to endorse the agreement.

Considering the complexity and redundancy of subsequent negotiations, Cao Mo considered officially setting up an office in Paris in the name of Fulkov Petrochemical or Tianyue Investment to be responsible for communication and liaison with Langhua Petroleum.

Otherwise, Cao Mo felt that if the negotiations dragged on for a year or two, both parties might not be able to sit down and sign a formal cooperation agreement.

Although for such a large-scale cross-border cooperation, it is a normal rhythm in the world to negotiate for one or two years before officially signing the contract, but Cao Mo does not have this patience.

At the same time, he does not know whether the situation in the Gulf of Guinea will undergo unexpected and huge changes within one or two years. If cooperation is promoted as soon as possible, and Langhua Oil can be brought onto the warship in the Gulf of Guinea, their final chance of victory will be one point higher.

However, it is easy to set up an office, but who will be in charge of this office and maintain timely communication with the senior management of Langhua Petroleum on behalf of Fulkov Petrochemical or Tianyue Investment?

Sturgeon is mainly responsible for the affairs of Atlantic Bank, Huang Hebin has a heavier burden, and it is even more impossible for Xie Sipeng, Yang Deshan and others to escape.

Insert an app: a perfect replica of the old version of the book-chasing artifact and replaceable source app - Mimi Reading.

Cao Mo originally wanted to transfer Chen Feng or someone to take charge temporarily, and then cancel or arrange for an ordinary manager to take charge after the agreement was reached.

But it was Song Yuqing who wanted to come over and take charge of this office in person.

Song Yuqing's mother has a bad heart and has not fully recovered from the operation. In recent years, the haze in Xinhai has been severe, and Song Yuqing's mother will have obvious physical discomfort in winter.

The doctor's advice is to recuperate in an area with a suitable climate and better environment.

Song Yuqing couldn't leave Xinhai before, and her mother couldn't leave Xinhai alone to live in another unfamiliar city. Since someone needs to be responsible for setting up an office in Paris, Song Yuqing thought of bringing her mother here to recuperate for a while.
Chapter completed!