Total CEO: Britain Must Stick by Brexit Mistake

Total CEO Patrick Pouyanne speaks at Offshore Europe in Aberdeen (Photo: Eric Haun
Total CEO Patrick Pouyanne speaks at Offshore Europe in Aberdeen (Photo: Eric Haun

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)

Current News

BOEM Okays New England Offshore Wind Project

BOEM Okays New England Offshor

Solstad Offshore Bolsters Ownership Stake in Omega Subsea

Solstad Offshore Bolsters Owne

DeepOcean Takes Over Equinor’s Pipeline Repairs Contract from TechnipFMC

DeepOcean Takes Over Equinor’s

Petrobras Steps Closer to Developing Hydrogen Plant Powered by Renewables

Petrobras Steps Closer to Deve

Subscribe for OE Digital E‑News

Offshore Engineer Magazine