Foraco International SA

Foraco International SA is a global drilling contractor providing innovative solutions for mining, energy, water and infrastructure projects across 18 countries and five continents. We offer a modern drilling fleet, best-in-class safety standards and a versatile, well-trained international workforce that has a proven track record in geologically complex formations, often located in some of the most inaccessible regions of the world. Through extensive international drilling experience, we have expertise in engineering custom drill rigs and specialized techniques to meet our customers exacting requirements. Foraco is headquartered in Marseille, France and publicly traded on the Toronto Stock Exchange under the ticker symbol “FAR”

Company details

26 Plage de l`Estaque , Marseille , 13016 France

More Office Locations Locations Served

Subsidiaries

Business Type:
Service provider
Industry Type:
Soil and Groundwater
Market Focus:
Globally (various continents)
Year Founded:
1961

Foraco has three core values that are integrated into all of the work we do: Integrity, Innovation and Involvement. Our commitment to these three values has been instrumental in our past successes and they are our commitment to you.

Integrity

We run our business with the highest level of integrity and this value is embedded in all of our daily operations, from the field to our corporate offices. Holding a high level of integrity involves a commitment to safety on our drill sites but it also means that we have taken the time to understand and respect the laws and culture of the regions in which we work. We run our operations based on honesty and fairness and every member of our team embraces this. Our commitment to a high standard of integrity is reflected in a general industry shift towards increased corporate and social responsibility.

We pride ourselves in the way we do business and our commitment to successfully completing each project for our customers. We are an experienced team that has become renowned around the globe for our dedication to quality service - something our customers have come to trust and expect and that we continue to deliver on.

Innovation

The global economic, political and geographic landscape is constantly changing and as a result, so is our work environment. In order to remain a leader in the industry we are constantly exploring untapped markets, mastering complex geologies, inventing new processes, developing specialized drilling techniques and designing custom rigs. We remain committed to expanding our drilling service offerings in order to provide the most comprehensive, cost-effective, turnkey service in the market. Supporting this is our capability to easily allocate resources to the highest growth areas, drawing stability from our existing operations and capitalizing on new growth opportunities as they arise. Our innovation builds value for our customers.

Involvement

A winning culture and entrepreneurial spirit are two of our key differentiators in the industry. We practice a fluid bottom-up-top-down communication flow that ensures that all employees are involved every step of the way. We encourage rig workers and foremen to take initiative in problem-solving on site, as well as the flexibility to execute on a given strategy. No matter how big or small a question or concern, regional and executive management is committed to being accessible to customers and employees at all times. We maintain a proactive communication program before, during and following the completion of each project to ensure the highest level of customer service. Remaining in touch also allows us to address any potential problems instantly and without interruption to the life cycle of a project.

Foraco is committed to implementing the highest industry standards for health and safety throughout its operations worldwide. Our standards reflect our commitment to integrating safety into every aspect of our organization. In addition to ensuring that all team members have up-to-date safety training, Foraco supports integrating industry best practices by the continued recruitment, training and retention of some of the best talent in the industry. Backed by a commitment to minimize risk, we operate as a cohesive team to develop and maintain a safe environment for all personnel on our drilling sites.