Energyboardroom has released a new report on the French oil and gas industry, which offers a detailed look into the industry.
The country's oil services sector alone generated a turnover of €39 billion in 2013, employing a total of 65 000 people. Jean Roberts, the former Chairman of the French Association of Companies and Professionals in the oil, gas and related industries, remarked: “Very few people know that France is the world’s second largest oil services industry in terms of exports.”
France is important to several international companies as a hub for research and project execution, among them Italy's Saipem. "Saipem France has become a leading project execution center for Saipem globally," commented Fabio Pallavicini, the Saipem’s CEO.
Despite a nation-wide ban on fracking has prevented domestic exploration of the subsoil, CEO of Technip declared: “If I were to make any forecasts on the evolution of Technip in coming years, I would predict a greater ability to drive costs down and rely on our conceptual resources to produce innovative solutions.”
CEO of Total, Patrick Pouyanné, added: “The energy sector itself has undergone unprecedented changes in the last fifteen years. As a major oil and gas company, it is our responsibility to embrace and participate in the evolution of the energy mix.”
Edited from press release by Angharad Lock