Title :
Research on Risk Evaluation of International Petroleum Engineering Services Market
Author :
Peng Xianqiang ; Ma Xin ; Gu Weikang ; Liu Lingli
Author_Institution :
China Univ. of Pet., Beijing
Abstract :
With the rapid development of international petroleum engineering service market, it´s unavoidable for Chinese petroleum enterprises to encounter kinds of risks when exploring overseas market, so it becomes important to require the risks evaluation of overseas market. Through risks recognition, considering five aspects including petroleum industry economy and legal environment, general social and political environment, marketing workload, client risk and competition environment, the index system of risk evaluation of international petroleum engineering market is established. After the value assess with expert subjective evaluation method, AHP method was adopted to evaluate representative countries. The evaluation result is important for understanding country risks, considering market entry mode, pricing and overseas market decision-making.
Keywords :
economics; international trade; petroleum industry; pricing; risk management; AHP method; Chinese petroleum enterprise; client risk; competition environment; country risk; international petroleum engineering service market; legal environment; market entry mode; marketing workload; overseas market; petroleum industry economy; political environment; pricing; risk evaluation; risk recognition; social environment; Companies; Economic forecasting; Information analysis; Investments; Law; Legal factors; Petroleum industry; Pricing; Risk analysis; Risk management;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location :
Dalian
Print_ISBN :
978-1-4244-2107-7
Electronic_ISBN :
978-1-4244-2108-4
DOI :
10.1109/WiCom.2008.2467