Total questions oilfield services merger
Patrick Pouyanné
Speaking at a conference in New Orleans on Tuesday, Pouyanné said that anyone in his position would be opposed to a situation where “you have less completion in services providers.”
First announced in November 2014, the Halliburton takeover of Baker Hughes has consistently faced antitrust concerns. On Monday, EU antitrust regulators halted their work a second time on account of missing information. Chevron Brazil and Angola’s <a href=’https://theenergyyear.com/companies-institutions/sonangol/’>Sonangol have at different times also voiced their opposition to the tie-up, sharing Pouyanné’s apprehensions.
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