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Russia’s Gazprom is expected to spend US$160bn capital expenditure (capex) on 84 oil and gas projects globally by 2025, according to GlobalData, a leading data and analytics company

Germany-headquartered Hansa Heavy Lift (HHL), global provider of marine lifting solutions for cargo weighing, has transported a giant carousel together with eight reels, weighing a total of 3,508.7 mt, from the UK’s Newcastle to Nigeria’s Egina oil field

ExxonMobil Namibia (PEL44) Limited, an affiliate of ExxonMobil Corporation, has entered into an agreement with Azinam Limited, Namibian oil and gas explorer, to acquire a 30 per cent interest in petroleum exploration licence (PEL) 44, offshore Namibia

Nigerian National Petroleum Corporation’s (NNPC) decision to seek alternative financing models for funding its joint venture (JV) obligations has continued to restore confidence among investors, stimulating further Foreign Direct Investments (FDI) in Nigeria’s oil and gas industry

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