道達(dá)爾勘探生產(chǎn)支出削減逾25億美元

為了緩解近期油價(jià)暴跌的影響，法國(guó)石油巨頭道達(dá)爾公布了2020年資本支出削減30多億美元的計(jì)劃，與2019年相比，將節(jié)省約8億美元的運(yùn)營(yíng)成本。道達(dá)爾還將暫?；刭?gòu)計(jì)劃。

3月19日，道達(dá)爾董事長(zhǎng)兼首席執(zhí)行官Patrick Pouyanne向集團(tuán)員工發(fā)表演講，動(dòng)員他們面對(duì)未來的挑戰(zhàn)。

他回顧了該集團(tuán)團(tuán)隊(duì)在2015-2016年石油危機(jī)期間表現(xiàn)出的韌性，以及該集團(tuán)戰(zhàn)略的兩大支柱，即股息前低于25美元/桶的有機(jī)盈虧平衡，以及面對(duì)這種高波動(dòng)性的低杠桿率。

在油價(jià)接近每桶30美元的情況下，他宣布了一項(xiàng)將立即實(shí)施的行動(dòng)計(jì)劃。該計(jì)劃基于三個(gè)方向。

首先是削減超過30億美元的資本支出，即超過20%，將2020年的凈投資減少到150億美元以下。這些節(jié)省主要以短期靈活資本支出的形式出現(xiàn)，可以在很短的時(shí)間內(nèi)通過合同進(jìn)行套利。

值得注意的是，在計(jì)劃削減的33億美元資本支出中，約有25億美元將用于勘探和生產(chǎn)業(yè)務(wù)，5億美元將用于下游業(yè)務(wù)。

第二個(gè)方向是2020年運(yùn)營(yíng)成本比2019年節(jié)省8億美元，而不是之前宣布的3億美元。

最后一個(gè)方向是暫?；刭?gòu)計(jì)劃——該公司宣布在2020年回購(gòu)20億美元，回購(gòu)價(jià)格為60美元/桶；公司在前兩個(gè)月回購(gòu)了5.5億美元。

裘寅 編譯自 離岸能源

原文如下：

Total to slash over $2.5 billion from E&P business as oil crisis bites

In an effort to alleviate the concequences of the recent oil price plunge, French oil major Total has revealed its plan to reduce the capex for 2020 by more than $3 billion and save about $800 million in operating costs compared to 2019. Total will also suspend its buyback program.

Patrick Pouyanné, Chairman & CEO of Total, addressed the group’s employees on March 19 to mobilize them in the face of the challenges ahead.

He recalled the resilience that the group’s teams demonstrated during the 2015-16 oil crisis as well as the two pillars of the group’s strategy which are the organic pre-dividend breakeven of less than $25/b and the low gearing to face this high volatility.

In a context of oil prices on the order of $30 per barrel, he announced an action plan to be implemented immediately. The plan was based on three axes.

The first one is organic capex cuts of more than $3 billion, ie. more than 20%, reducing 2020 net investments to less than $15 billion. These savings are mainly in the form of short-cycle flexible capex, which can be arbitrated contractually over a very short time period.

It is worth noting that, out of the planned $3.3 billion capex cut, about $2.5 billion will be cut in the Exploration & Production (E&P) business while $500 million will be cut in the Downstream sector.

The second axis is $800 million of savings in 2020 on operating costs compared to 2019, instead of the $300 million previously announced.

The final one is suspension of the buyback program – the company announced a $2 billion buyback for 2020 in a 60 $/b environment; it bought back $550 million in the first two months.