Learning in Africa

China’s Overseas Oil Investments in Sudan and South Sudan

Bibliographic Data

ID12422505
AuthorsLuke Patey (0000-0002-1243-5656, Danish Institute for International Studies, corresponding author)
Year2017
Volume26
Issue107
Pages756-768
Publication date2017-04-04
Open AccessNo
TypeARTICLE
VenueJournal of Contemporary China (JOURNAL)
Journal identifiersISSN: 1067-0564 • E-ISSN: 1469-9400
PublisherRoutledge (PUBLISHER • GB)
DOI10.1080/10670564.2017.1305489
OpenAlexW2604471631
LanguageEN
Citations received8

In the past two decades, China’s national oil companies have become new players in the international oil industry. When they first entered the global scene in the 1990s, Chinese NOCs held few competitive advantages over international oil companies. They lacked the organizational capabilities and expertise to manage large projects overseas and had little experience with political and security risk. This article argues that political, social and security dynamics in the host countries of Chinese NOCs can play a transformative role in shaping their competitiveness and global strategy. It demonstrates how experiences in Sudan and South Sudan were instrumental in leveraging the competitiveness of the China National Petroleum Corporation, China’s largest oil company, particularly through developing its risk management capabilities, and steering its global strategy towards a more diverse and balanced investment portfolio

Business · China · Corporation · Economic growth · Economics · Economy · International trade · Petroleum industry · Political science · Politics · Portfolio · Sociology · Transformative learning · Engineering · Global Peace and Security Dynamics · International Development and Aid · Middle East and Rwanda Conflicts · Finance

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