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French multinationals announced that they will present new technologies created for the oil sector at the oil fair
“Energy to transform” will be the 2018 Rio Oil&Gas slogan, which will take place from September 24th to 27th, showing the real objective of the fair, which is the recovery of the sector in the national and international scenario. According to organizers, this recovery will bring new perspectives on oil prices and new auctions for the coming years. The event will bring together world authorities whose goals will be to present new directions and strategies for the oil business. The French multinationals will present the main technological innovations in tools and equipment with high technology to facilitate the extraction and production of oil and gas.
Business France
Business France is a French agency that collaborates for French international development. The same is preparing sophisticated stands for the ten companies of the oil industry sectors to present their main technologies, products, services for the local industry, with the objective of strengthening business alliances. French organizers are very enthusiastic about the event and promise to present the future of petroleum technology.
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The oil service and supply industry
The oil services and supply industry comprises all companies that provide services related to oil and gas. These companies do the design and construction work that oil and gas companies need for oil field development and production. His work covers a wide range of activities, from seismic surveys to the construction of refining plants or the design of drilling equipment and tools.
They are involved in drilling wells as well as designing and producing platforms. They also supply oil companies with the personnel and equipment they lack due to the need to keep costs down. The oil services and supply sector is vast and currently includes some French companies such as TOTAL, CGG and TECHNIP, which are among the largest companies in the world. The sector also has two research institutes, IFPEN (French Institute for Research in New Energies) and IFREMER (French Research Institute for Sea Exploration).
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