Saudi Aramco and Statoil Are Both Major Oil Producers

Saudi Aramco and Statoil are both major oil producers.Saudi Aramco's competitive advantage is based on its access to low-cost domestic oil reserves;Statoil's competitive advantage is its capability in offshore exploration and production.The implications for the internationalization strategies of the two companies are:

A) Both companies should focus on exporting from their own countries
B) Saudi Aramco should focus on exporting;Statoil should pursue direct foreign investment
C) Saudi Aramco should pursue direct foreign investment;Statoil should focus on exporting
D) Both companies should use a mixture of exporting and direct investment depending upon the nature of the foreign opportunity