{"id":637282,"date":"2026-05-14T03:21:07","date_gmt":"2026-05-14T10:21:07","guid":{"rendered":"https:\/\/nai500.com\/?p=637282"},"modified":"2026-05-14T05:07:24","modified_gmt":"2026-05-14T12:07:24","slug":"slb-hal-bkr-fti-rig","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/05\/slb-hal-bkr-fti-rig\/","title":{"rendered":"\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u5c40\u52bf\u50f5\u6301 \u7f8e\u80a1\u4e94\u5927\u6cb9\u670d\u80a1\u7968 “\u5438\u91d1”"},"content":{"rendered":"

\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u822a\u8fd0\u53d7\u963b\u5c40\u52bf\u6301\u7eed\u53d1\u9175\uff0c\u5e03\u4f26\u7279\u539f\u6cb9\u4ef7\u683c\u7ad9\u7a33\u6bcf\u6876 100 \u7f8e\u5143\u4e0a\u65b9\u3002\u5728\u5168\u7403\u8d44\u672c\u5e02\u573a\u4ecd\u666e\u904d\u8ffd\u9010\u4eba\u5de5\u667a\u80fd\u70ed\u70b9\u4e4b\u9645\uff0c\u6cb9\u670d\u677f\u5757\u5728\u8fc7\u53bb 8 \u4e2a\u5c0f\u65f6\u5185\u5f02\u519b\u7a81\u8d77\uff0c\u6210\u4ea4\u91cf\u663e\u8457\u653e\u5927\uff0c\u6210\u4e3a\u8d44\u91d1\u65b0\u7684\u907f\u98ce\u6e2f\u3002\u5e02\u573a\u5206\u6790\u8ba4\u4e3a\uff0c\u968f\u7740\u5168\u7403\u80fd\u6e90\u4f9b\u5e94\u94fe\u88ab\u8feb\u91cd\u6784\uff0c\u8d44\u672c\u6b63\u52a0\u901f\u4ece\u4f20\u7edf\u4e2d\u4e1c\u4ea7\u6cb9\u533a\u6d41\u5411\u5df4\u897f\u3001\u572d\u4e9a\u90a3\u548c\u7f8e\u56fd\u4e8c\u53e0\u7eaa\u76c6\u5730\uff0c\u624b\u63e1\u6838\u5fc3\u6280\u672f\u4e0e\u957f\u5468\u671f\u8ba2\u5355\u7684\u4e94\u5927\u7f8e\u80a1\u6cb9\u670d\u9f99\u5934\uff0c\u6b63\u6210\u4e3a\u8fd9\u4e00\u5386\u53f2\u6027\u53d8\u5c40\u4e2d\u6700\u76f4\u63a5\u7684\u53d7\u76ca\u8005\u3002<\/p>\n

\u5730\u7f18\u98ce\u9669\u91cd\u5851\u80fd\u6e90\u6295\u8d44\u903b\u8f91<\/h2>\n

\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u7684\u6301\u7eed\u7d27\u5f20\u5c40\u52bf\u5df2\u4ece\u77ed\u671f\u5e02\u573a\u6270\u52a8\u6f14\u53d8\u4e3a\u7ed3\u6784\u6027\u98ce\u9669\uff0c\u8feb\u4f7f\u56fd\u9645\u80fd\u6e90\u5de8\u5934\u91cd\u65b0\u8bc4\u4f30\u5168\u7403\u6295\u8d44\u5e03\u5c40\u3002\u8fc7\u53bb\u4f9d\u8d56\u6c99\u7279\u3001\u5361\u5854\u5c14\u7b49\u4e2d\u4e1c\u56fd\u5bb6\u4ea7\u80fd\u6269\u5f20\u7684\u589e\u957f\u6a21\u5f0f\u6b63\u5728\u88ab\u6253\u7834\uff0c\u5df4\u897f\u6851\u6258\u65af\u76c6\u5730\u3001\u572d\u4e9a\u90a3\u65af\u5854\u5e03\u7f57\u514b\u533a\u5757\u4ee5\u53ca\u7f8e\u56fd\u4e8c\u53e0\u7eaa\u76c6\u5730\u8fc5\u901f\u5d1b\u8d77\u4e3a\u5168\u7403\u80fd\u6e90\u589e\u957f\u65b0\u5f15\u64ce\u3002\u8fd9\u4e9b\u65b0\u5174\u4ea7\u533a\u7684\u5f00\u53d1\u9879\u76ee\u591a\u4e3a 20 \u5e74\u4ee5\u4e0a\u7684\u957f\u671f\u627f\u8bfa\uff0c\u6d89\u53ca\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u6c34\u4e0b\u8bbe\u5907\u8ba2\u5355\uff0c\u4e3a\u6cb9\u670d\u4f01\u4e1a\u63d0\u4f9b\u4e86\u7a33\u5b9a\u53ef\u9884\u6d4b\u7684\u6536\u5165\u6765\u6e90\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u6b27\u6d32\u5bf9\u5361\u5854\u5c14\u5929\u7136\u6c14\u4f9b\u5e94\u7684\u62c5\u5fe7\u4e5f\u63a8\u52a8\u4e86\u5168\u7403 LNG \u51fa\u53e3\u8bbe\u65bd\u7684\u5efa\u8bbe\u70ed\u6f6e\uff0c\u8fdb\u4e00\u6b65\u6269\u5927\u4e86\u6cb9\u670d\u884c\u4e1a\u7684\u5e02\u573a\u7a7a\u95f4\u3002<\/p>\n

\u4e94\u5927\u9f99\u5934\u5404\u663e\u795e\u901a \u5206\u4eab\u884c\u4e1a\u7ea2\u5229<\/h2>\n

\u5728\u8fd9\u4e00\u8f6e\u6cb9\u670d\u677f\u5757\u4e0a\u6da8\u884c\u60c5\u4e2d\uff0c\u4e94\u5927\u9f99\u5934\u4f01\u4e1a\u51ed\u501f\u5404\u81ea\u7ec6\u5206\u9886\u57df\u7684\u9886\u5148\u4f18\u52bf\uff0c\u5c55\u73b0\u51fa\u4e0d\u540c\u7684\u6295\u8d44\u4ef7\u503c\u548c\u589e\u957f\u903b\u8f91\u3002<\/p>\n

\u65af\u4f26\u8d1d\u8c22 (SLB) <\/a><\/strong>\u4f5c\u4e3a\u5168\u7403\u6700\u5927\u6cb9\u670d\u4f01\u4e1a\uff0c\u662f\u884c\u4e1a\u5730\u7406\u5927\u8f6c\u79fb\u7684\u5178\u578b\u4ee3\u8868\u3002\u4e0a\u5b63\u5ea6\u53d7\u5361\u5854\u5c14\u3001\u4f0a\u62c9\u514b\u7b49\u6d77\u6e7e\u5730\u533a\u4e1a\u52a1\u6536\u7f29\u5f71\u54cd\uff0c\u516c\u53f8\u4e2d\u4e1c\u548c\u4e9a\u6d32\u6536\u5165\u540c\u6bd4\u4e0b\u964d 13%\u3001\u73af\u6bd4\u4e0b\u964d 17%\uff0c\u4f46\u6838\u5fc3\u751f\u4ea7\u7cfb\u7edf\u4e1a\u52a1\u540c\u6bd4\u589e\u957f 23%\uff0c\u4e3b\u8981\u5f97\u76ca\u4e8e\u5df4\u897f\u548c\u572d\u4e9a\u90a3\u6df1\u6d77\u9879\u76ee\u8fdb\u5165\u5b9e\u8d28\u6027\u8ba2\u5355\u4ea4\u4ed8\u671f\u3002\u5bf9 ChampionX \u7684\u6536\u8d2d\u589e\u52a0\u4e86\u4eba\u5de5\u4e3e\u5347\u548c\u5316\u5b66\u5242\u4e1a\u52a1\uff0c\u5728\u4e2d\u4e1c\u4e1a\u52a1\u6682\u65f6\u505c\u6ede\u671f\u95f4\u63d0\u4f9b\u4e86\u5b9d\u8d35\u7684 EBITDA \u7f13\u51b2\u3002\u5e02\u573a\u8ba4\u4e3a\uff0c\u65af\u4f26\u8d1d\u8c22\u5df2\u8f6c\u578b\u4e3a “\u6df1\u6d77\u6536\u8d39\u7ad9”\uff0c\u5373\u4f7f\u6d77\u6e7e\u5c40\u52bf\u6301\u7eed\u7d27\u5f20\uff0c\u53ea\u8981\u6cb9\u4ef7\u7ef4\u6301\u9ad8\u4f4d\uff0c\u5176\u5e9e\u5927\u7684\u79ef\u538b\u8ba2\u5355\u548c\u5b9a\u4ef7\u6743\u5c06\u4fdd\u969c\u4e1a\u7ee9\u7a33\u5b9a\u589e\u957f\u3002<\/p>\n

\u54c8\u91cc\u4f2f\u987f (HAL) <\/a><\/strong>\u662f\u7f8e\u56fd\u9875\u5ca9\u6cb9\u590d\u82cf\u7684\u6700\u5927\u53d7\u76ca\u8005\u3002\u516c\u53f8\u9996\u5e2d\u6267\u884c\u5b98\u6770\u592b\u30fb\u7c73\u52d2\u8868\u793a\uff0c\u7b2c\u4e8c\u5b63\u5ea6\u4f5c\u4e1a\u65e5\u5386 “\u51e0\u4e4e\u5df2\u88ab\u586b\u6ee1”\uff0c\u610f\u5473\u7740\u8bbe\u5907\u5229\u7528\u7387\u548c\u670d\u52a1\u4ef7\u683c\u6b63\u5728\u52a0\u901f\u6536\u7d27\u3002\u4e0a\u5b63\u5ea6\u516c\u53f8\u5b9e\u73b0\u8425\u6536 54 \u4ebf\u7f8e\u5143\uff0c\u6bcf\u80a1\u6536\u76ca 0.55 \u7f8e\u5143\u8d85\u51fa\u5e02\u573a\u9884\u671f\u3002\u867d\u7136\u5317\u7f8e\u5730\u533a\u6536\u5165\u540c\u6bd4\u4ecd\u4e0b\u964d 4%\uff0c\u4f46\u968f\u7740\u54cd\u5c3e\u86c7\u80fd\u6e90\u589e\u52a0\u94bb\u673a\u548c\u538b\u88c2\u961f\u3001\u5eb7\u83f2\u77f3\u6cb9\u4e0a\u8c03\u8d44\u672c\u652f\u51fa\u3001\u5927\u9646\u8d44\u6e90\u64a4\u9500 20% \u7684\u524a\u51cf\u8ba1\u5212\uff0c\u9875\u5ca9\u6cb9\u884c\u4e1a\u5df2\u663e\u73b0\u660e\u663e\u590d\u82cf\u8ff9\u8c61\u3002\u4f5c\u4e3a\u5317\u7f8e\u538b\u88c2\u5e02\u573a\u7edd\u5bf9\u9886\u5bfc\u8005\uff0c\u54c8\u91cc\u4f2f\u987f\u5c06\u6700\u5148\u53d7\u76ca\u4e8e\u9875\u5ca9\u6cb9\u4f01\u4e1a\u8d44\u672c\u5f00\u652f\u56de\u5347\uff0c\u4f46\u5176\u4e1a\u7ee9\u5bf9\u6cb9\u4ef7\u6ce2\u52a8\u654f\u611f\u6027\u4e5f\u6700\u9ad8\u3002<\/p>\n

\u8d1d\u514b\u4f11\u65af (BKR) <\/a><\/strong>\u5728 LNG \u8bbe\u5907\u9886\u57df\u5360\u636e\u72ec\u7279\u4f18\u52bf\u3002\u516c\u53f8\u751f\u4ea7\u7684\u6da1\u8f6e\u673a\u548c\u538b\u7f29\u673a\u662f LNG \u51fa\u53e3\u7ec8\u7aef\u7684\u6838\u5fc3\u8bbe\u5907\uff0c\u968f\u7740\u6b27\u6d32\u4e70\u5bb6\u4e89\u76f8\u5bfb\u627e\u5361\u5854\u5c14\u5929\u7136\u6c14\u66ff\u4ee3\u54c1\uff0c\u7f8e\u56fd\u591a\u4e2a LNG \u9879\u76ee\u5df2\u4ece\u89c4\u5212\u9636\u6bb5\u8fdb\u5165\u5168\u9762\u65bd\u5de5\u671f\uff0c\u4e3a\u8d1d\u514b\u4f11\u65af\u7684\u6da1\u8f6e\u673a\u68b0\u548c\u8fc7\u7a0b\u89e3\u51b3\u65b9\u6848\u90e8\u95e8\u5e26\u6765\u4e86\u591a\u5e74\u8ba2\u5355\u79ef\u538b\u3002\u4e0e\u5176\u4ed6\u540c\u884c\u76f8\u6bd4\uff0c\u8d1d\u514b\u4f11\u65af\u4e1a\u52a1\u7ed3\u6784\u66f4\u52a0\u591a\u5143\u5316\uff0c\u5bf9\u5355\u4e00\u76c6\u5730\u4f9d\u8d56\u5ea6\u8f83\u4f4e\uff0c\u4e14\u6536\u5165\u66f4\u591a\u6765\u81ea\u957f\u671f\u5408\u540c\uff0c\u56e0\u6b64\u6ce2\u52a8\u6027\u66f4\u5c0f\uff0c\u73b0\u91d1\u6d41\u66f4\u52a0\u7a33\u5b9a\u3002<\/p>\n

TechnipFMC(FTI) <\/a><\/strong>\u4e13\u6ce8\u4e8e\u6c34\u4e0b\u5de5\u7a0b\u96c6\u6210\u670d\u52a1\uff0c\u5b8c\u7f8e\u5951\u5408\u5f53\u524d\u6df1\u6d77\u5f00\u53d1\u52a0\u901f\u7684\u5e02\u573a\u8d8b\u52bf\u3002\u5df4\u897f\u56fd\u5bb6\u77f3\u6cb9\u516c\u53f8\u4e0d\u65ad\u589e\u52a0 FPSO \u6570\u91cf\uff0c\u57c3\u514b\u68ee\u7f8e\u5b5a\u63a8\u8fdb Uaru \u548c Whiptail \u7b49\u5927\u578b\u9879\u76ee\uff0c\u4e3a TechnipFMC \u5e26\u6765\u4e86\u6e90\u6e90\u4e0d\u65ad\u7684\u6c34\u4e0b\u751f\u4ea7\u7cfb\u7edf\u548c EPCI \u5408\u540c\u3002\u8fd9\u4e9b\u8ba2\u5355\u901a\u5e38\u8de8\u8d8a\u6570\u5e74\uff0c\u4e0d\u53d7\u6bcf\u5468\u539f\u6cb9\u5e93\u5b58\u6570\u636e\u6ce2\u52a8\u5f71\u54cd\uff0c\u4e3a\u516c\u53f8\u63d0\u4f9b\u4e86\u6781\u9ad8\u7684\u4e1a\u7ee9\u53ef\u89c1\u6027\u3002<\/p>\n

Transocean(RIG) <\/a><\/strong>\u662f\u6df1\u6d77\u94bb\u4e95\u5e73\u53f0\u7a00\u7f3a\u6027\u7684\u6700\u7eaf\u7cb9\u8868\u8fbe\u3002\u8fc7\u53bb\u5341\u5e74\u5168\u7403\u6d77\u4e0a\u94bb\u4e95\u5e73\u53f0\u6570\u91cf\u5927\u5e45\u51cf\u5c11\uff0c\u5f53\u524d\u6df1\u6d77\u5f00\u53d1\u70ed\u6f6e\u6b63\u5bfc\u81f4\u9ad8\u89c4\u683c\u94bb\u4e95\u5e73\u53f0\u4f9b\u5e94\u4e25\u91cd\u77ed\u7f3a\u3002\u8d85\u6df1\u6c34\u94bb\u4e95\u5e73\u53f0\u65e5\u79df\u91d1\u5df2\u5728\u591a\u5e74\u671f\u5408\u540c\u57fa\u7840\u4e0a\u5927\u5e45\u4e0a\u8c03\uff0c\u4e2d\u4e1c\u5730\u533a\u4f9b\u5e94\u4e2d\u65ad\u8fdb\u4e00\u6b65\u5c06\u4f18\u5148\u4f5c\u4e1a\u9700\u6c42\u63a8\u5411\u5df4\u897f\u3001\u7f8e\u56fd\u58a8\u897f\u54e5\u6e7e\u548c\u897f\u975e\u3002Transocean \u62e5\u6709\u884c\u4e1a\u5185\u6700\u73b0\u4ee3\u5316\u7684\u9ad8\u89c4\u683c\u94bb\u4e95\u8239\u961f\uff0c\u5408\u540c\u8986\u76d6\u7387\u9010\u5b63\u63d0\u5347\uff0c\u4e1a\u7ee9\u5f39\u6027\u6781\u5927\uff0c\u4f46\u8d22\u52a1\u6760\u6746\u8f83\u9ad8\uff0c\u80a1\u4ef7\u6ce2\u52a8\u5267\u70c8\uff0c\u4ec5\u9002\u5408\u4e13\u4e1a\u6295\u8d44\u8005\u3002<\/p>\n

\u6295\u8d44\u7b56\u7565<\/h2>\n

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