{"id":637276,"date":"2026-05-14T03:19:19","date_gmt":"2026-05-14T10:19:19","guid":{"rendered":"https:\/\/nai500.com\/?p=637276"},"modified":"2026-05-14T05:07:47","modified_gmt":"2026-05-14T12:07:47","slug":"slb-hal-bkr-fti-rig","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/05\/slb-hal-bkr-fti-rig\/","title":{"rendered":"\u970d\u723e\u6728\u8332\u6d77\u5cfd\u5c40\u52e2\u50f5\u6301 \u7f8e\u80a1\u4e94\u5927\u6cb9\u670d\u80a1\u7968 “\u5438\u91d1”"},"content":{"rendered":"

\u970d\u723e\u6728\u8332\u6d77\u5cfd\u822a\u904b\u53d7\u963b\u5c40\u52e2\u6301\u7e8c\u767c\u9175\uff0c\u5e03\u502b\u7279\u539f\u6cb9\u50f9\u683c\u7ad9\u7a69\u6bcf\u6876 100 \u7f8e\u5143\u4e0a\u65b9\u3002\u5728\u5168\u7403\u8cc7\u672c\u5e02\u5834\u4ecd\u666e\u904d\u8ffd\u9010\u4eba\u5de5\u667a\u80fd\u71b1\u9ede\u4e4b\u969b\uff0c\u6cb9\u670d\u677f\u584a\u5728\u904e\u53bb 8 \u500b\u5c0f\u6642\u5167\u7570\u8ecd\u7a81\u8d77\uff0c\u6210\u4ea4\u91cf\u986f\u8457\u653e\u5927\uff0c\u6210\u70ba\u8cc7\u91d1\u65b0\u7684\u907f\u98a8\u6e2f\u3002\u5e02\u5834\u5206\u6790\u8a8d\u70ba\uff0c\u96a8\u8457\u5168\u7403\u80fd\u6e90\u4f9b\u61c9\u93c8\u88ab\u8feb\u91cd\u69cb\uff0c\u8cc7\u672c\u6b63\u52a0\u901f\u5f9e\u50b3\u7d71\u4e2d\u6771\u7522\u6cb9\u5340\u6d41\u5411\u5df4\u897f\u3001\u572d\u4e9e\u90a3\u548c\u7f8e\u570b\u4e8c\u758a\u7d00\u76c6\u5730\uff0c\u624b\u63e1\u6838\u5fc3\u6280\u8853\u8207\u9577\u9031\u671f\u8a02\u55ae\u7684\u4e94\u5927\u7f8e\u80a1\u6cb9\u670d\u9f8d\u982d\uff0c\u6b63\u6210\u70ba\u9019\u4e00\u6b77\u53f2\u6027\u8b8a\u5c40\u4e2d\u6700\u76f4\u63a5\u7684\u53d7\u76ca\u8005\u3002<\/p>\n

\u5730\u7de3\u98a8\u96aa\u91cd\u5851\u80fd\u6e90\u6295\u8cc7\u908f\u8f2f<\/h2>\n

\u970d\u723e\u6728\u8332\u6d77\u5cfd\u7684\u6301\u7e8c\u7dca\u5f35\u5c40\u52e2\u5df2\u5f9e\u77ed\u671f\u5e02\u5834\u64fe\u52d5\u6f14\u8b8a\u70ba\u7d50\u69cb\u6027\u98a8\u96aa\uff0c\u8feb\u4f7f\u570b\u969b\u80fd\u6e90\u5de8\u982d\u91cd\u65b0\u8a55\u4f30\u5168\u7403\u6295\u8cc7\u4f48\u5c40\u3002\u904e\u53bb\u4f9d\u8cf4\u6c99\u7279\u3001\u5361\u5854\u723e\u7b49\u4e2d\u6771\u570b\u5bb6\u7522\u80fd\u64f4\u5f35\u7684\u589e\u9577\u6a21\u5f0f\u6b63\u5728\u88ab\u6253\u7834\uff0c\u5df4\u897f\u6851\u6258\u65af\u76c6\u5730\u3001\u572d\u4e9e\u90a3\u65af\u5854\u5e03\u7f85\u514b\u5340\u584a\u4ee5\u53ca\u7f8e\u570b\u4e8c\u758a\u7d00\u76c6\u5730\u8fc5\u901f\u5d1b\u8d77\u70ba\u5168\u7403\u80fd\u6e90\u589e\u9577\u65b0\u5f15\u64ce\u3002\u9019\u4e9b\u65b0\u8208\u7522\u5340\u7684\u958b\u767c\u9805\u76ee\u591a\u70ba 20 \u5e74\u4ee5\u4e0a\u7684\u9577\u671f\u627f\u8afe\uff0c\u6d89\u53ca\u6578\u5341\u5104\u7f8e\u5143\u7684\u6c34\u4e0b\u8a2d\u5099\u8a02\u55ae\uff0c\u70ba\u6cb9\u670d\u4f01\u696d\u63d0\u4f9b\u4e86\u7a69\u5b9a\u53ef\u9810\u6e2c\u7684\u6536\u5165\u4f86\u6e90\u3002\u8207\u6b64\u540c\u6642\uff0c\u6b50\u6d32\u5c0d\u5361\u5854\u723e\u5929\u7136\u6c23\u4f9b\u61c9\u7684\u64d4\u6182\u4e5f\u63a8\u52d5\u4e86\u5168\u7403 LNG \u51fa\u53e3\u8a2d\u65bd\u7684\u5efa\u8a2d\u71b1\u6f6e\uff0c\u9032\u4e00\u6b65\u64f4\u5927\u4e86\u6cb9\u670d\u884c\u696d\u7684\u5e02\u5834\u7a7a\u9593\u3002<\/p>\n

\u4e94\u5927\u9f8d\u982d\u5404\u986f\u795e\u901a \u5206\u4eab\u884c\u696d\u7d05\u5229<\/h2>\n

\u5728\u9019\u4e00\u8f2a\u6cb9\u670d\u677f\u584a\u4e0a\u6f32\u884c\u60c5\u4e2d\uff0c\u4e94\u5927\u9f8d\u982d\u4f01\u696d\u6191\u85c9\u5404\u81ea\u7d30\u5206\u9818\u57df\u7684\u9818\u5148\u512a\u52e2\uff0c\u5c55\u73fe\u51fa\u4e0d\u540c\u7684\u6295\u8cc7\u50f9\u503c\u548c\u589e\u9577\u908f\u8f2f\u3002<\/p>\n

\u65af\u502b\u8c9d\u8b1d (SLB) <\/a><\/strong>\u4f5c\u70ba\u5168\u7403\u6700\u5927\u6cb9\u670d\u4f01\u696d\uff0c\u662f\u884c\u696d\u5730\u7406\u5927\u8f49\u79fb\u7684\u5178\u578b\u4ee3\u8868\u3002\u4e0a\u5b63\u5ea6\u53d7\u5361\u5854\u723e\u3001\u4f0a\u62c9\u514b\u7b49\u6d77\u7063\u5730\u5340\u696d\u52d9\u6536\u7e2e\u5f71\u97ff\uff0c\u516c\u53f8\u4e2d\u6771\u548c\u4e9e\u6d32\u6536\u5165\u540c\u6bd4\u4e0b\u964d 13%\u3001\u74b0\u6bd4\u4e0b\u964d 17%\uff0c\u4f46\u6838\u5fc3\u751f\u7522\u7cfb\u7d71\u696d\u52d9\u540c\u6bd4\u589e\u9577 23%\uff0c\u4e3b\u8981\u5f97\u76ca\u4e8e\u5df4\u897f\u548c\u572d\u4e9e\u90a3\u6df1\u6d77\u9805\u76ee\u9032\u5165\u5be6\u8cea\u6027\u8a02\u55ae\u4ea4\u4ed8\u671f\u3002\u5c0d ChampionX \u7684\u6536\u8cfc\u589e\u52a0\u4e86\u4eba\u5de5\u8209\u5347\u548c\u5316\u5b78\u5291\u696d\u52d9\uff0c\u5728\u4e2d\u6771\u696d\u52d9\u66ab\u6642\u505c\u6eef\u671f\u9593\u63d0\u4f9b\u4e86\u5bf6\u8cb4\u7684 EBITDA \u7de9\u885d\u3002\u5e02\u5834\u8a8d\u70ba\uff0c\u65af\u502b\u8c9d\u8b1d\u5df2\u8f49\u578b\u70ba “\u6df1\u6d77\u6536\u8cbb\u7ad9”\uff0c\u5373\u4f7f\u6d77\u7063\u5c40\u52e2\u6301\u7e8c\u7dca\u5f35\uff0c\u53ea\u8981\u6cb9\u50f9\u7dad\u6301\u9ad8\u4f4d\uff0c\u5176\u9f90\u5927\u7684\u7a4d\u58d3\u8a02\u55ae\u548c\u5b9a\u50f9\u6b0a\u5c07\u4fdd\u969c\u696d\u7e3e\u7a69\u5b9a\u589e\u9577\u3002<\/p>\n

\u54c8\u88e1\u4f2f\u9813 (HAL) <\/a><\/strong>\u662f\u7f8e\u570b\u8449\u5ca9\u6cb9\u5fa9\u8607\u7684\u6700\u5927\u53d7\u76ca\u8005\u3002\u516c\u53f8\u9996\u5e2d\u57f7\u884c\u5b98\u5091\u592b\u30fb\u7c73\u52d2\u8868\u793a\uff0c\u7b2c\u4e8c\u5b63\u5ea6\u4f5c\u696d\u65e5\u66c6 “\u5e7e\u4e4e\u5df2\u88ab\u586b\u6eff”\uff0c\u610f\u5473\u8457\u8a2d\u5099\u5229\u7528\u7387\u548c\u670d\u52d9\u50f9\u683c\u6b63\u5728\u52a0\u901f\u6536\u7dca\u3002\u4e0a\u5b63\u5ea6\u516c\u53f8\u5be6\u73fe\u71df\u6536 54 \u5104\u7f8e\u5143\uff0c\u6bcf\u80a1\u6536\u76ca 0.55 \u7f8e\u5143\u8d85\u51fa\u5e02\u5834\u9810\u671f\u3002\u96d6\u7136\u5317\u7f8e\u5730\u5340\u6536\u5165\u540c\u6bd4\u4ecd\u4e0b\u964d 4%\uff0c\u4f46\u96a8\u8457\u97ff\u5c3e\u86c7\u80fd\u6e90\u589e\u52a0\u947d\u6a5f\u548c\u58d3\u88c2\u968a\u3001\u5eb7\u83f2\u77f3\u6cb9\u4e0a\u8abf\u8cc7\u672c\u652f\u51fa\u3001\u5927\u9678\u8cc7\u6e90\u64a4\u92b7 20% \u7684\u524a\u6e1b\u8a08\u5283\uff0c\u8449\u5ca9\u6cb9\u884c\u696d\u5df2\u986f\u73fe\u660e\u986f\u5fa9\u8607\u8de1\u8c61\u3002\u4f5c\u70ba\u5317\u7f8e\u58d3\u88c2\u5e02\u5834\u7d55\u5c0d\u9818\u5c0e\u8005\uff0c\u54c8\u88e1\u4f2f\u9813\u5c07\u6700\u5148\u53d7\u76ca\u65bc\u8449\u5ca9\u6cb9\u4f01\u696d\u8cc7\u672c\u958b\u652f\u56de\u5347\uff0c\u4f46\u5176\u696d\u7e3e\u5c0d\u6cb9\u50f9\u6ce2\u52d5\u654f\u611f\u6027\u4e5f\u6700\u9ad8\u3002<\/p>\n

\u8c9d\u514b\u4f11\u65af (BKR) <\/a><\/strong>\u5728 LNG \u8a2d\u5099\u9818\u57df\u4f54\u64da\u7368\u7279\u512a\u52e2\u3002\u516c\u53f8\u751f\u7522\u7684\u6e26\u8f2a\u6a5f\u548c\u58d3\u7e2e\u6a5f\u662f LNG \u51fa\u53e3\u7d42\u7aef\u7684\u6838\u5fc3\u8a2d\u5099\uff0c\u96a8\u8457\u6b50\u6d32\u8cb7\u5bb6\u722d\u76f8\u5c0b\u627e\u5361\u5854\u723e\u5929\u7136\u6c23\u66ff\u4ee3\u54c1\uff0c\u7f8e\u570b\u591a\u500b LNG \u9805\u76ee\u5df2\u5f9e\u898f\u5283\u968e\u6bb5\u9032\u5165\u5168\u9762\u65bd\u5de5\u671f\uff0c\u70ba\u8c9d\u514b\u4f11\u65af\u7684\u6e26\u8f2a\u6a5f\u68b0\u548c\u904e\u7a0b\u89e3\u6c7a\u65b9\u6848\u90e8\u9580\u5e36\u4f86\u4e86\u591a\u5e74\u8a02\u55ae\u7a4d\u58d3\u3002\u8207\u5176\u4ed6\u540c\u884c\u76f8\u6bd4\uff0c\u8c9d\u514b\u4f11\u65af\u696d\u52d9\u7d50\u69cb\u66f4\u52a0\u591a\u5143\u5316\uff0c\u5c0d\u55ae\u4e00\u76c6\u5730\u4f9d\u8cf4\u5ea6\u8f03\u4f4e\uff0c\u4e14\u6536\u5165\u66f4\u591a\u4f86\u81ea\u9577\u671f\u5408\u540c\uff0c\u56e0\u6b64\u6ce2\u52d5\u6027\u66f4\u5c0f\uff0c\u73fe\u91d1\u6d41\u66f4\u52a0\u7a69\u5b9a\u3002<\/p>\n

TechnipFMC(FTI) <\/a><\/strong>\u5c08\u6ce8\u4e8e\u6c34\u4e0b\u5de5\u7a0b\u96c6\u6210\u670d\u52d9\uff0c\u5b8c\u7f8e\u5951\u5408\u7576\u524d\u6df1\u6d77\u958b\u767c\u52a0\u901f\u7684\u5e02\u5834\u8da8\u52e2\u3002\u5df4\u897f\u570b\u5bb6\u77f3\u6cb9\u516c\u53f8\u4e0d\u65b7\u589e\u52a0 FPSO \u6578\u91cf\uff0c\u57c3\u514b\u68ee\u7f8e\u5b5a\u63a8\u9032 Uaru \u548c Whiptail \u7b49\u5927\u578b\u9805\u76ee\uff0c\u70ba TechnipFMC \u5e36\u4f86\u4e86\u6e90\u6e90\u4e0d\u65b7\u7684\u6c34\u4e0b\u751f\u7522\u7cfb\u7d71\u548c EPCI \u5408\u540c\u3002\u9019\u4e9b\u8a02\u55ae\u901a\u5e38\u8de8\u8d8a\u6578\u5e74\uff0c\u4e0d\u53d7\u6bcf\u9031\u539f\u6cb9\u5eab\u5b58\u6578\u64da\u6ce2\u52d5\u5f71\u97ff\uff0c\u70ba\u516c\u53f8\u63d0\u4f9b\u4e86\u6975\u9ad8\u7684\u696d\u7e3e\u53ef\u898b\u6027\u3002<\/p>\n

Transocean(RIG) <\/a><\/strong>\u662f\u6df1\u6d77\u947d\u4e95\u5e73\u81fa\u7a00\u7f3a\u6027\u7684\u6700\u7d14\u7cb9\u8868\u9054\u3002\u904e\u53bb\u5341\u5e74\u5168\u7403\u6d77\u4e0a\u947d\u4e95\u5e73\u81fa\u6578\u91cf\u5927\u5e45\u6e1b\u5c11\uff0c\u7576\u524d\u6df1\u6d77\u958b\u767c\u71b1\u6f6e\u6b63\u5c0e\u81f4\u9ad8\u898f\u683c\u947d\u4e95\u5e73\u81fa\u4f9b\u61c9\u56b4\u91cd\u77ed\u7f3a\u3002\u8d85\u6df1\u6c34\u947d\u4e95\u5e73\u81fa\u65e5\u79df\u91d1\u5df2\u5728\u591a\u5e74\u671f\u5408\u540c\u57fa\u790e\u4e0a\u5927\u5e45\u4e0a\u8abf\uff0c\u4e2d\u6771\u5730\u5340\u4f9b\u61c9\u4e2d\u65b7\u9032\u4e00\u6b65\u5c07\u512a\u5148\u4f5c\u696d\u9700\u6c42\u63a8\u5411\u5df4\u897f\u3001\u7f8e\u570b\u58a8\u897f\u54e5\u7063\u548c\u897f\u975e\u3002Transocean \u64c1\u6709\u884c\u696d\u5167\u6700\u73fe\u4ee3\u5316\u7684\u9ad8\u898f\u683c\u947d\u4e95\u8239\u968a\uff0c\u5408\u540c\u8986\u84cb\u7387\u9010\u5b63\u63d0\u5347\uff0c\u696d\u7e3e\u5f48\u6027\u6975\u5927\uff0c\u4f46\u8ca1\u52d9\u6760\u6746\u8f03\u9ad8\uff0c\u80a1\u50f9\u6ce2\u52d5\u5287\u70c8\uff0c\u50c5\u9069\u5408\u5c08\u696d\u6295\u8cc7\u8005\u3002<\/p>\n

\u6295\u8cc7\u7b56\u7565<\/h2>\n

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