Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories



United States – North Dakota Developments

French are top investors in North Dakota Developments’ serviced hotel accommodation for oil frackers

  • French firm Total becomes first oil major to invest in UK fracking
  • Recent Salon National De L’Immobilier property investment show in Paris awash with would-be fracking investors

With fracking on – or rather below – French soil banned by the country’s Constitutional Council, one might imagine that France was rather anti-fracking in its views. However, it seems that French investors can’t get enough of fracking when it comes to overseas opportunities.

In the wintry depths of North Dakota, in the northern United States, the award-winning North Dakota Developments, has found that its new Great American Lodge Montana site, which offers executive hotel studio accommodation to oil workers fracking the Bakken oilfields, has proven particularly popular with French investors.

Untitled37 - Global Banking | FinanceGroup CEO Robert Gavin comments, “With such a cutting edge concept for our serviced hotel developments in the Bakken region, we have attracted investment from all over the globe, but interest from French investors has been particularly intense – we have more investors from France than from any other country.”

It’s easy to see the appeal of North Dakota Developments’ offering – investment begins at just $33,950 for a 50% fraction of an executive hotel studio, rising incrementally to $694,400 for a full wing of 12 studios. Yields of around 35% pa have attracted considerable attention, with almost all studios now sold.

Untitled38 - Global Banking | FinanceBut it’s not just the US that has captured the Gallic nation’s interest. Closer to home, French oil giant Total is leading the charge when it comes to fracking in the UK. The company’s investment is reported to total around $1.6m in back costs, along with a work programme of at least $19.5m and possibly rising to $46.5m.

With some 1,300 trillion cubic feet of shale gas believed to be present in the north of England, according to the British Geological Survey, Total’s pioneering involvement has been marked as an “important milestone” in what will be a “promising onshore play,” according to Patrice de Vivies, the company’s senior vice president for Northern Europe.

It certainly seems that, denied the chance to pursue fracking opportunities in their own country, the French have been forced to look overseas in order to be part of the technological boom that is responsible for revolutionising the world’s energy industry.

Untitled39 - Global Banking | FinanceOne of North Dakota Developments’ French agent’s stand at the Salon National De L’Immobilier property investment show in Paris at the start of April was buzzing with interest from those looking to get involved, generating a further flood of investment interest in the Great American Lodge concept. In fact, demand from French buyers has been so strong that the company has brought forward plans to announce its latest Great American Lodge site, details of which are eagerly anticipated later this month.

For more information on North Dakota Developments and their exciting new Great American Lodge sites in the Bakken Oilfields of North Dakota and eastern Montana, call +44 (0) 845 053 7498, email [email protected] or visit  and

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post