Study On Risk Circumvention Of Petroleum Exploration And Development Projects In North Africa Area

In recent years, with our country economy rapidly expanded, the demand of petroleum isgetting bigger and bigger, the petroleum supply and demand contradictory is getting more andmore prominent, the petroleum import volume climbs, the foreign degree of dependencyenhances unceasingly, sufficient and the stable oil resource becomes an important attribute.Under this background, our Petroleum Companies have obtained the preliminary success inthe overseas. But in the situation unstable North Africa area, we faces with huge riskchallenge. Study on Overseas petroleum risk management has the important meaning, but thetheorists lack the materiality to the overseas petroleum risk management research. So thisarticle conducts systematization's circumvention research in view of the North Africa areapetroleum risk.First of all, this article introduces the correlation theories of international Riskcircumvention of petroleum exploration and development projects, Secondly the articleintroduces the survey petroleum exploration and development projects in North Africa area,Thirdly it distinguishes and analyzes the risk of projects, Then analyzes the riskcircumvention present situation of exploration and development projects in North Africa area,the article has conducted the optimized research of the risk circumvention, includingOverall circumvention strategy, concrete circumvention strategy as well as safeguard strategy.