Mobile Menu

Petroleum & Natural Gas Support Services in France - Market Size, Industry Analysis, Trends and Forecasts (2025-2029)

Revenue

€301.9m

2025

€341.6m

Past 5-Year Growth

Profit

€XX.Xm

Employees

383

Businesses

21

Wages

€XXX.Xm

Petroleum & Natural Gas Support Services in France industry analysis

Europe’s petroleum and natural gas extraction support services’ revenue is forecast to contract at a compound annual rate of 3.8% over the five years through 2024 to €62.1 billion. Widespread disruption caused by the COVID-19 pandemic weighed heavily on extraction and exploration activity in downstream oil and gas markets as poor demand conditions caused prices to plummet, disincentivising new investment and causing support service contractors to offer price concessions to customers, compounding the industry’s weak revenue performance and weighing on profitability. Demand has increased since lockdown restrictions eased, supporting revenue over 2021 and 2022.

Trends and Insights

  • Supply uncertainties stimulate activity. Uncertainties over Russia's supply of natural gas prompted European countries to increase their own domestic production, supporting revenue.
  • Development wells are the most lucrative. Due to the increased complexity and larger size of development wells, these are the most lucrative to contractors.
  • Larger contractors can provide a range of services. Larger contractors can secure more businesses by offering a range of complimentary services if they have the financial and capital resources to do so.
Show more

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Petroleum & Natural Gas Support Services industry in France in 2025?

The market size of the Petroleum & Natural Gas Support Services industry in France is €301.9m in 2025.

How many businesses are there in the Petroleum & Natural Gas Support Services in France industry in 2025?

There are 21 businesses in the Petroleum & Natural Gas Support Services industry in France, which has declined at a CAGR of 3.4 % between 2020 and 2025.

Has the Petroleum & Natural Gas Support Services industry in France grown or declined over the past 5 years?

The market size of the Petroleum & Natural Gas Support Services industry in France has been declining at a CAGR of 2.8 % between 2020 and 2025.

What is the forecast growth of the Petroleum & Natural Gas Support Services industry in France over the next 5 years?

Over the next five years, the Petroleum & Natural Gas Support Services industry in France is expected to grow.

What are the biggest companies in the Petroleum & Natural Gas Support Services market in France?

The biggest companies operating in the Petroleum & Natural Gas Support Services market in France are Halliburton Company, ABB Ltd and TechnipFMC plc

What does the Petroleum & Natural Gas Support Services in France include?

Development wells and Appraisal wells are part of the Petroleum & Natural Gas Support Services industry.

Which companies have the highest market share in the Petroleum & Natural Gas Support Services in France?

The company holding the most market share in France is Halliburton Company.

How competitive is the Petroleum & Natural Gas Support Services industry in France?

The level of competition is moderate and steady in the Petroleum & Natural Gas Support Services industry in France.

Everything you need in one report

  • Reliable market estimates from 2015-2030
  • Competitive analysis, industry segmentation, financial benchmarks
  • Powerful SWOT, Porter’s Five Forces and risk management frameworks
  • Online membership platform with PDF, Word, Excel and PPT exports

Table of Contents

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Support service contractors must follow strict regulations. Due to the dangerous and environmentally invasive nature of some industry services, there are strict health, safety and environmental guidelines that must be followed.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Petroleum & Natural Gas Support Services in France industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Profitability fluctuates in line with commodity prices. When oil and gas prices are lower, contractors offer their customers concessions to ensure their services are still in demand, though this does eat into the bottom lines.

View more insights with purchase. View purchase options.

Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Petroleum & Natural Gas Support Services in France industry?


Key Ratios

Data tables
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)
  • Revenue per Employee (2015-2030)
  • Wages/Revenue (2015-2030)
  • Employees per Establishment (2015-2030)
  • Average Wage (2015-2030)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and bottom five countries listed for each:

  • Revenue Growth (2025)
  • Business Growth (2025)
  • Job Growth (2025)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2025)
  • Imports/Demand (2025)
  • Exports/Revenue (2025)
  • Revenue per Employee (2025)
  • Wages/Revenue (2025)
  • Employees per Establishment (2025)
  • Average Wage (2025)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.