Spotlight AFRICA FRANCE Africa Energy Intelligence Issue 192 dated 06/11/1996

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 [...]

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