Total CEO: Britain Must Stick by Brexit Mistake

Tuesday, September 3, 2019

The chief executive of French oil major Total believes that Britain should stick by its decision to leave the European Union even though he thinks it is a fundamental mistake that could be a real issue for the UK economy

"It's a choice. It's democracy, we have to respect it. (But) I think it's a fundamental mistake," Total CEO Patrick Pouyanne told an industry conference in Aberdeen, Scotland, on Tuesday.

"Everything that is an export activity will face taxation. That could be a real issue for the UK economy, not for Total," he added, pointing to refining and car parts.


(Reporting by Shadia Nasralla; Editing by David Goodman)

Categories: Industry News Government Regulations

Related Stories

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

EnQuest Acquires Harbour Energy’s Vietnamese Assets

Woodside Finds South Korean Partners to Advance LNG Value Chain

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Current News

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com