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Published at 25th of December 2023 05:10:30 AM


Chapter 524: 【Oil Dealer】

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Chapter 524【Oil Merchant】

After returning from BP, Wu Guangyao invited his team to Yueyue Manor.

"Boss, do you think oil is unstable?" said Wu Guangyao's financial adviser Morse.

is also because he has been following Wu Guangyao for more than ten years, otherwise Morse might think Wu Guangyao is crazy!

Because Wu Guangyao invested 500 million US dollars, he only formed a joint venture with BP Petroleum Company;

In this way, it will not help the Wu family to enter the oil field;

There is basically no possibility of making big money, and there may be a loss!

The boss does not have an oil company. When investing in the North Sea oil field, everything is dominated by BP.

Wu Guangyao nodded and said, "I'm betting that the Middle East is a gunpowder keg, but now the Middle East and Israel are incompatible with fire and water, and Western countries are on Israel's side. Therefore, OPEC, which is dominated by Middle Eastern oil-producing countries, will never Let the West feel better! Besides, even if the price of oil does not rise, my investment will not be lost, and I will pay the tuition and protection fees!"

In fact, Wu Guangyao understands that he cannot lose money in this investment!

First of all, I know the approximate distribution map of the North Sea oil fields (the UK and Norway have the most oceans), so that I can control costs from the source.

Secondly, there will be an oil crisis in one and a half years, and the price of oil has risen by as much as five times. Regarding exploitation, no matter what kind of cooperation mode, it is very beneficial to Wu Guangyao.

Finally, I intend to deepen cooperation with BP Oil Company this time. When the UK starts privatization, I use the proceeds of the North Sea Oilfield as a bargaining chip to win some shares of BP Oil; whether I own it, myself and Kayla’s son Whether you own it, you can at least take a 10% stake in BP Petroleum.

For the oil field, the Wu family does not need to own its own oil company, but it can invest in oil companies or oil projects. This is a self-protection investment method.

Wu Guangyao also urged the legal consultant Hollande: "The legal team must carefully analyze various situations that may arise. I will give you a bottom line. The oil price will definitely skyrocket! Don't be jealous when the British government treats me differently from other countries. Oil company."

Kayla put her hand on Wu Guangyao's hand to comfort her man, everything is mine;

This woman is becoming more and more confident!

Hollande also confidently said: “Boss rest assured, I will not let the London government take advantage of the loopholes. Besides, in Kayla Law Firm, it is commonplace to fight against people and the government, and the winning rate is very high!”

Wu Guangyao is dumb, these European and American lawyers really dare to take the world off!

Then, after giving a few words to M&A expert Jonathan, Wu Guangyao was relieved;

I am not afraid of losing money, but I am afraid that the London government will trap myself.

Finally, Wu Guangyao took Kayla's hand and said: "London’s relationship between the two of us has probably been investigated clearly; after all, you, the richest woman in Europe with four mixed-race children, will know you and me after a little investigation. Relationship!"

Kayla said indifferently: "I should have known it a long time ago! But it doesn't matter, as you said, we are upright, and we don't participate in the ZZ speculation, we are not afraid of anyone."

Wu Guangyao nodded, and said affirmatively: “Also, educating children to be patriotic, and which country’s nationality they are, must love this country! We are a family of merchants, and don’t participate in those ZZ confrontations!”

Several consultants listened and couldn’t help but admire Wu Guangyao more;

Especially the sentence, which country’s nationality is, you must love that country;

This shows that the boss's realm is very high, and he has not instilled bad, narrow thinking in his children!

Wu Guangyao went on to say: “So, I think the Metro Group will also have a share of the US$500 million investment project this time.”

Kayla nodded quickly, showing her trust in Wu Guangyao, she had no doubt that she would lose money;

Kayla is also very enthusiastic about earning more property for her children.

...

When it comes to the oil field, the London government began to be very cautious, but it was reluctant to give up the US$500 million investment;

Therefore, the two sides have reached an agreement after half a month of discussions.

The London government divided the remaining 360 North Sea oilfield areas into ten major areas and asked Wu Guangyao to choose 2 areas as the bidding areas; that is to say, Wu Guangyao can bid for 72 areas at a time. This bid is a one-off bid. Steady.

According to his memory, Wu Guangyao pretended to be a magic stick, followed by prayers, and finally selected two areas in the middle section of the sea.

72 regions need the new company to pay a bidding fee of 72 million US dollars, and the new company is wholly-owned by Wu Guangyao, so the 72 million US dollars need to be paid by Wu Guangyao.

And BP’s new company—Global BP Petroleum, the shares are as follows: BP Petroleum holds 25% of the shares (only technology and management, some equipment), Wu Guangyao holds 60% (invests 400 million US dollars), and Metro Group holds 25% of the shares. 15% of the shares (invested in 100 million US dollars).

There is no express stipulation on the amount of investment, which means that Wu Guangyao and Metro Group can withdraw at any time, and can also add funds at any time.

Of course, the 72 million US dollars bid has been included in the British treasury, so naturally it will not be refunded to you!

Global BP Petroleum and the London government signed a mining tax mining contract. Simply put, after the oil is extracted, the government must first pay the government 12.5% ​​of the oil price at the time.

Of course, there is a big tax at the back—oil tax, which needs to pay 45% of the profits from the oil extracted;

There are some taxes for the rest, but the proportion is not high, and they add up to about 3% of the profit.

At this time, Britain’s oil tax was not high, but Wu Guangyao knew that there would be three price increases in the future, 60% (1979), 70% (1980), and 75% (1983).

Anyway, Wu Guangyao made a lot of money this time!

Of course, there is a prerequisite, I remember correctly the distribution of oil, otherwise I’m afraid I won’t even be able to see the oil.

This is why, governments of various countries will give oil companies a lot of profit margins;

Because once the oil cannot be surveyed, the oil business will lose a lot.

Furthermore, according to the current oil price, even if a 200 million-ton oil mine is explored, I am afraid that it will not earn the principal plus interest money;

But Wu Guangyao knows precisely that oil is going to skyrocket!

The new group of companies, Wu Guangyao and Kayla naturally have to re-recruit some personnel, otherwise, if an oil well is discovered, what about BP’s concealment?

Of course, this is basically impossible!

Because whoever wants to mine, it is impossible to mine quietly.

After a month, Wu Guangyao can finally get rid of his hands and hand over the remaining work to his team, and he has to return to Hong Kong Island as soon as possible.

Kayla still did not go with Wu Guangyao in the end, because she was not worried about Global BP and had to personally participate in part of the work.

After all, it is an investment of US$500 million, which is a big investment!

(End of this chapter)




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