Spotlight | Africa, France
SERVICES: FRENCH ASSETS AND ILLS
Pride Petroleum Services' forthcoming takeover of Forsasol-Foramer illustrates the drawbacks of France's oil services industry, for which Africa provides 25% of revenue. "Highly effective, firms are nevertheless under-capitalized to carry out all the tasks the market expects of them and [...]
Published on 06/11/1996 at 11:00 GMT
Reading time 3 minutes